About Mainframe Security
Mainframe security is a tool that mitigates the risk of data exposure, fulfills regulatory compliance, and maintains unified enterprise security. Mainframe security is designed to work together across the security lifecycle from access control to data security to audit. Mainframe security has become a vital component in enterprises, organizations, healthcare systems, and the financial sector where a high level of data security is required. A mainframe security system is intended to process very huge amounts of data efficiently and quickly. The application of mainframe systems is majorly seen in industries like airline reservations, logistics, the financial sector, and other related fields where a large number of transactions need to be processed as part of routine business practices. With the rising threat of data piracy and financial frauds, demand for mainframe security systems is expected to remain high over the forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Mainframe Security market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), McAfee (United States), TCS (India), BMC Software (United States), DXC Technology (United States), Xbridge (United States), CA Technologies (United States), NEC Corporation (Japan), Compuware Corporation (United States) and HCL (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Mainframe Security market by Type (Access Control Solution, Server Security Solution, Mainframe Security Assessment Services and Others) and Region.
On the basis of geography, the market of Mainframe Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry, the sub-segment i.e. Banking, Financial Services & Insurance will boost the Mainframe Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise, the sub-segment i.e. Small & Medium Enterprise will boost the Mainframe Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Professional Service will boost the Mainframe Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing demand for centralized security systems
Market Growth Drivers:
Increasing Demand for Cloud-based Deployment for Cost Optimization, Access to Specialized Resources and Skills and Increasing Rate of Data Breach and Cyber Attacks
Challenges:
Later maintenance of mainframe security
Restraints:
High cost associated with the initial installation
Opportunities:
Enforcement of security policies in the banking, healthcare, and aerospace industry
Market Leaders and their expansionary development strategies
In July 2020, BMC Software, Inc. and Key Resources Inc. signed a partnership to license and co-sell mainframe security solutions. The partnership will make Key Resources a preferred vendor for BMC for mainframe security and vulnerability management. This will empower BMC software Inc. to expand its geographical reach.
In February 2024, IBM has introduced the LinuxONE 4 Express, which targets smaller organizations with a cost-effective entry point to mainframe computing. Emphasizing cyber-resilience with its "Secure Execution" hardware security systems, the mainframe holds certifications such as Common Criteria EAL 4, DISA STIG, and FIPS 140-3 compliance. Offering flexibility, users can choose their preferred software platform, including SUSE Linux Enterprise Server for IBM Z bundled with various options like SLE Live Patching and SUSE Manager Lifecycle Management Plus.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory, Enterprise Users, Commercial Users and Industrial Users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.