Market Snapshot:
Mainframe software is capable of handling and processing very large amounts of data rapidly. Data servers of mainframe is designed to process up to 1 trillion web transactions on routinely basis with highest level of security and reliability. These software used in large institutions banks, government, and large corporations. It requires high volumes of data processing. Centralizing the data in single mainframe repository helps to manage more copy business data. Increasing demand for automating data entry and calculations has created growth opportunities for market. However, lack of technical handling is quite challenging to the market. Geographically, North America is expected to grow with higher growth rate over forecast period owing to technologically advanced infrastructure.
Highlights from Mainframe Software Market Study
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Players profiled in the report are IBM (United States), Broadcom(United States), BMC Software, Inc. (United States), Rocket Software(United States), MacKinney Systems(United States), Software AG (Germany), UNICOM Systems(United States), GSF Software (United States), CSI International(United States), SDS(United States), Beta Systems Group(United States), Lookup Mainframe Software(United States), Levi, Ray & Shoup(United States), ASG Technologies Group, Inc. (United States) and Precisely (United States).
Geographic Breakdown and Segment Analysis
The Global Mainframe Software market presents a comprehensive analysis of the Mainframe Software market by end-user/application (ENIAC, UNIVAC and ASCC), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Mainframe Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Mainframe Software market
Analyst at AMA have segmented the market study of Global Mainframe Software market by Type, Application and Region.
Influencing Trend:
Huge Preference of Large Enterprises towards deploying Mainframe Software
Market Growth Drivers:
Growing Adoption for IoT and Increasing demand for Superfast Computers
Challenges:
Lack of Skilled Professional Handling
Restraints:
Interoperability Issue and Technical Issue
Opportunities:
Technological Advancements with AI & Blockchain Has Created Ample Opportunities
Market Developments Activities:
In January 2024, IBM has acquired application modernization capabilities from Advanced, bringing a combination of talent, tools and knowledge to enhance IBM Consulting’s mainframe application and data modernization services. The planned acquisition will further enable us to support clients’ mainframe application modernization journeys, marking another important step forward in IBM’s hybrid cloud and AI strategy.
In 2020, BMC, a global leader in IT solutions for the Autonomous Digital Enterprise completed acquisition of Compuware. It is leading provider of mainframe application development, delivery, and performance solutions. Strategic combination of this two companies further enables automation and intelligent operations. It further empowers the next generation of mainframe developers to excel in working with mainframe programming languages, applications, data, infrastructure, and security.
The market of Mainframe Software is expected to grow with rising demand for industrial activities management especially in e-commerce and retail industry. Several companies are operating in the market to provide software with excellent feature. The market is fragmented with the presence of several market players. They are gaining attention owing to their innovative and novel portfolio.
Key Target Audience
Mainframe Software Providers, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry