What is Mainframe Software?
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.
The market study is broken down, by Application (ENIAC, UNIVAC and ASCC) and major geographies with country level break-up.
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. 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 (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) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Mainframe Software market by Type, Application and Region.
On the basis of geography, the market of Mainframe Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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 Enterprise Size, the sub-segment i.e. SMEs will boost the Mainframe Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Industry Vertical, the sub-segment i.e. BFSI will boost the Mainframe Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operating System, the sub-segment i.e. Z System {z/OS, z/VM ,z/VSE,z/TPF} will boost the Mainframe Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
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.
Market Trend
- Huge Preference of Large Enterprises towards deploying Mainframe Software
Market Drivers
- Growing Adoption for IoT
- Increasing demand for Superfast Computers
Opportunities
- Technological Advancements with AI & Blockchain Has Created Ample Opportunities
Restraints
- Interoperability Issue and Technical Issue
Challenges
- Lack of Skilled Professional Handling
Key Target Audience
Mainframe Software Providers, Research Organizations, New Entrants/Investors, Strategic Business Planners, Government Regulatory and End Use Industry
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.