Global mainframe market

Global mainframe market is projecting a rise in estimated to register a steady CAGR of 4.7% in the forecast period of 2019-2026

Market Definition: Global Mainframe Market

Mainframes are large sized computers with the ability to store bulk data, processing power and higher level of reliability. They are designed with the ability to replace hundreds of servers. Mainframes are used to host multiple operating systems. It plays an important function in providing safety and security to data and their services that are critical for large organizations and governments. Mainframes has wide applications including airline ticketing system, credit card verification system, stock market and among others.

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Major Market Competitors/Players

Few of the major competitors currently working global mainframe market are BMC Software Inc, Dell Inc, FUJITSU, Hitachi Vantara Corporation, IBM, Atos SE, Broadcom (CA Technologies), Cognizant, DXC Technology Company, HCL Technologies Limited, Infosys Limited, LzLabs GmbH, Redcentric plc, Unisys, ViON, Wipro Limited, Compuware Corporation, Hewlett Packard Enterprise Development LP, NEC Corporation and Others.

Market Segmentations:

By Type (Z systems, GS Series and Others), Industry Vertical (BFSI, IT & Telecom, Government & Public Sector, Retail, Travel & Transportation, Manufacturing, and Others), Application (Financial Services, Public Affairs, Commercial Operation and Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

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Market Drivers:

• Rise in Internet of Things (IoT) act as a major driver for this market
• Increasing large data set which can be stored in mainframes also drives the market growth
• Rise in demand of high performance computing system enhances this market growth
• Adopting mainframes as a service to run business applications for enterprises also improves the market growth

Market Restraints:

• High Cost involved in the installation of mainframes acts as a restrain for the market
• Lack of skilled professionals for operating mainframes can also hamper the market growth

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