According to a new market report published by Acute Market Reports, “Global Mainframe Market (By Product Type (Z Systems, GS 21 Series and Others), By End-user (BFSI, Healthcare, Defense & Government, Retail, Public Utilities, and Others)) – Growth, Future Prospects, and Competitive Landscape, 2023 – 2031”, the global mainframe market is expected to witness a growth of 3.3% CAGR during the forecast period from 2023 to 2031.

The global mainframe market reached US $3091.4 million in 2021 and is estimated to reach about US $3468.8 in 2030 growing at a moderate CAGR of 3.3% during the forecast period from 2021 to 2031. Mainframe computers, created in the early 1940s were designed for managing high volumes of data processing and business transactions. At present, for more than 40 years, mainframes have incessantly developed to meet the numerous challenges related to data processing. Mainframes assure the reliability, availability, and scalability of processes

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The pandemic impacted the mainframe market adversely. The revenues of mainframe evidenced an increment of over 60% in the sales of key market players’ financial data in 2021, however, the sales showed a significant drop during the pandemic (2020). The pandemic has introduced the need to manage businesses remotely in a cost-effective way. This led the new businesses to finalize on the cloud to meet their dynamic needs.

Based on the product segment, the mainframe market is categorized as Z systems, GS Series, and Others. The Z systems contributed the highest to the market revenues in 2020 and are also expected to retain their position during the forecast period. This is due to the significant adoption of IBM mainframe solutions across various verticals such as banking, healthcare, and so on. Based on the end-user vertical the market is segmented as BFSI, Healthcare, defense and government, retail, public utilities, and others. The BFSI led the market in revenue generation in 2022 due to increased demand to deal with real-time transactions, the need for reliable systems to deal with complex calculations, and the requirement for efficient storage platforms. Other end users that include telecom, manufacturing industries, airlines, and so on remained the second largest market in 2022, due to the vastness of applications across various segments, especially in emerging economies.

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In terms of geography, the market is segmented as North America, Europe, Asia Pacific, and RoW. North America accounts for the largest revenues summing up to $1100 Mn in 2020. North America holds the largest pool of existing customer base, which are in need of software and services that can allow their mainframe architecture to integrate with cloud infrastructure.  Europe remains the second largest market in 2022. Stringent regulation with respect to data privacy and security is the biggest driver for the mainframe market in Europe.

Major players in the mainframe market include IBM, Fujitsu Ltd, Atos SE, BMC Software, Inc., CA Technologies, Unisys Corporation, Vantara Corporation, LzLabs GmbH, Redcentric plc, ViON Corporation, and others. These players are progressively aiming on distinguishing their service offerings through clear and unique value propositions to sustain, succeed and stay competitive. Partnerships and new product developments continue to be the major strategies espoused by the key players to gain an edge over others.  

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Key Market Movements:

• Mainframe market is projected to grow at a CAGR of 3.3 % from 2023 – 2031.
• Modernization of mainframe architecture is the key growth factor.
• The pandemic impacted the market adversely.
• Z systems of IBM dominated the product segment.
• BFSI topped the revenues in comparison to other end-user verticals.
• North America holds the major share in the regional analysis
• Major players in the mainframe market include IBM, Fujitsu Ltd, Atos SE, BMC Software, Inc., CA Technologies, Unisys Corporation, Vantara Corporation, LzLabs GmbH, Redcentric plc, ViON Corporation, and others.
• Partnerships and new product developments continue to be the major strategies espoused by the key players to gain an edge over others.