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Global Mainframes Market 2017-2021 - High Adoption of IoT Drives the Market - Research and Markets

[September 15, 2017]

Global Mainframes Market 2017-2021 - High Adoption of IoT Drives the Market - Research and Markets

The "Global Mainframes Market 2017-2021" report has been added to Research and Markets' offering.

The global mainframes market to grow at a CAGR of 2.58% during the period 2017-2021.

Global Mainframes Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers cloud computing and IT consulting services for mainframes.

Mainframes are high-performance computing systems that are primarily implemented in enterprises for processing and reporting of online transactions. For instance, IBM (News - Alert) Z Systems mainframe connects multiple computers together to upload or download enterprises data. The market encompasses mainframe solutions and service cloud-based mainframe services, hardware components, and software applications that are used to manage mainframes.

According to he report, one driver in the market is high adoption of IoT. The number of smart connected devices worldwide is increasing at an exponential rate. As the number of devices increases, it becomes more difficult to manage, monitor, and maintain the data in an organization. Thus, the demand for machine-to-machine (M2M) communications will rise as they help end-users to simplify the management, monitoring, and maintenance of connected devices. The IoT uses many technologies such as Wi-Fi, radio-frequency identification (RFID), sensors, barcodes, and global positioning system (GPS) to build intelligent and automated IT solutions.

Key vendors