Updated Report Finds Mainframe Market is Projected to Grow to $2.90 Billion by 2025

According to a report published by Allied Market Research, the global mainframe market was estimated at $2.09 billion in 2017, and is expected to hit $2.90 billion by 2025, registering a CAGR of 4.3% from 2018–2025. 

Growth in demand for high-performance computing, development of IoT landscape, and rise in adoption of the mainframe as a service fuel the growth of the global mainframe market. On the other hand, lack of mainframe skilled professionals and high costs restrain the growth to certain extent.

Nevertheless, the integration of blockchain technology with mainframe and on-going mainframe modernization are expected to create a number of lucrative opportunities in the market.

Based on the component, the Z systems segment accounted for more than four-fifth of the total market share in 2017 and is expected to dominate through 2018–2025. The others segment, on the other hand, is expected to grow at the highest CAGR of 6.5% during the study period.

Based on industry vertical, the BFSI segment is anticipated to continue its top status and garner more than one-quarter of the total market share during the estimated period. At the same time, the retail segment is projected to showcase the highest CAGR of 6.9% throughout 2018–2025.

The key market players analyzed in the global mainframe market report include NEC Corporation, CA Technologies, Dell EMC, Unisys Corporation, Fujitsu Ltd., BMC Software, Inc., HCL, Hewlett-Packard, Compuware Corporation, and IBM Corporation. 

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