(MENAFN- America News Hour) In a recently published report, Mainframe Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Mainframe Market products.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
Global Mainframe Market is valued approximately USD 2278 million in 2019 and is anticipated to grow with a healthy growth rate of more than 4.3% over the forecast period 2020-2026. Mainframes are data servers intended to process up to 1 trillion web transactions at a daily basis with the greatest levels of reliability and security. Mainframes are used with the large organizations for critical applications that entail high volumes of data processing. These systems are recognized for their substantial amount of storage and processing power. The mainframe software and hardware products are considered ideal for escalating number of transactions and data sets as they have abilities to allocate massive numbers of users and applications to retrieve the same data between each other instantaneously without any intrusion.
The rise in pressure on different businesses to manage a greater volume of data, and variety of transactions due to ongoing trend of digitization and the development of IoT landscape are the few factors responsible for high CAGR of the market over the forecast period. according to the study conducted by World Payment Report in 2018, the non-cash transactions volumes grew at 10.1% in 2016 to 482.6 billion across the world. Similarly, several studies also revealed that most of the retailers says 18 of the top 25 retailers have initiated to host their core business support systems and applications on mainframes. This, in turn, is expected to contribute to the market growth during the forecast period. Recently, in the midst of the COVID-19 global pandemic, much of the critical infrastructure that requires mainframes, such as governments, banking, retail, and other major industries are affecting, thus demand for mainframes is substantially decline. Therefore, this factor has resulted in the changing dynamics of these market spaces. However, lack of skilled professionals is also the major factors hampering the growth of the market over the forecast period of 2020-2026.
The regional analysis of global Mainframe market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high adoption of mainframe solution in industry verticals, along with the presence of significant number of market players in the region. Whereas, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the rise in IT spending among government and financial organizations in the developing countries like China and India.
Major market player included in this report are:
BMC Software, Inc.
CA Technologies
Compuware Corporation
Dell EMC
Fujitsu Ltd.
HCL
Hewlett-Packard Enterprise
IBM Corporation
NEC Corporation
Unisys Corporation
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Z Systems
GS Series
Others
By Industry Vertical:
BFSI
IT & Telecom
Government & Public Sector
Retail
Travel & Transportation
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026
Target Audience of the Global Mainframe Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)
1.2.1. Mainframe Market, by Region, 2018-2026 (USD Million)
1.2.2. Mainframe Market, by Type, 2018-2026 (USD Million)
1.2.3. Mainframe Market, by Industry Vertical, 2018-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Mainframe Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Mainframe Market Dynamics
3.1. Mainframe Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Mainframe Market Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Mainframe Market, by Type
5.1. Market Snapshot
5.2. Global Mainframe Market by Type, Performance – Potential Analysis
5.3. Global Mainframe Market Estimates & Forecasts by Type 2016-2026 (USD Million)
5.4. Mainframe Market, Sub Segment Analysis
5.4.1. Z Systems
5.4.2. GS Series
5.4.3. Others
Chapter 6. Global Mainframe Market, by Industry Vertical
6.1. Market Snapshot
6.2. Global Mainframe Market by Industry Vertical, Performance – Potential Analysis
6.3. Global Mainframe Market Estimates & Forecasts by Industry Vertical 2016-2026 (USD Million)
6.4. Mainframe Market, Sub Segment Analysis
6.4.1. BFSI
6.4.2. IT & Telecom
6.4.3. Government & Public Sector
6.4.4. Retail
6.4.5. Travel & Transportation
6.4.6. Manufacturing
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