Market Overview:
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Mainframe Software Market Study:
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)
Mainframe Software Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | ENIAC, UNIVAC and ASCC |
Enterprise Size | SMEs,Large Enterprise |
Industry Vertical | BFSI,IT and Telecom,Retail,Government,Logistics & Transportation,Others |
Operating System | Z System {z/OS, z/VM ,z/VSE,z/TPF},GS Series,Others |
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
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Latest Industry Highlights:
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.
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.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Mainframe Software market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Mainframe Software market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Mainframe Software Providers, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.