TMCnet News
Global Mainframe Market Projected to Reach $2.91 Billon by 2025 at 4.3% CAGR, Says AMRPORTLAND, Oregon, May 15, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Mainframe Market by Type (Z systems, GS Series, and Others) and Industry Vertical (BFSI, IT & Telecom, Government & Public Sector, Retail, Travel & Transportation, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025". According to the report, the global mainframe market generated $2.09 billion in 2017 and is expected to garner $2.91 billion by 2025, growing at a CAGR of 4.3% during the forecast period, 2018-2025.  Rise in demand for high performance computing, rapid development of IoT landscape, and surge in adoption of mainframe as a service drive the growth of the global mainframe market. Additionally, the on-going mainframe modernization and integration of blockchain technology with mainframe would provide lucrative opportunities for emerging market players in the near future. However, high cost associated with mainframe and dearth of skilled professionals impede market growth. Z systems to maintain its lions share through 2025 By type, the Z systems segment occupied more than four-fifths of the global share in 2017 and is expected to continue its dominance through 2025. This is attributed to the high demand of IBM mainframe solution among various end users, owing to its numerous benefits such as costs savings, high reliability, and sharper focus. However, the others segment is projected to register the highest CAGR of 6.5% during the forecast period. Download Sample Report at https://www.alliedmarketresearch.com/request-sample/4161 Retail segment to incur the fastest growth rate in the near future By industry vertical, the retail segment is poised to grow at the highest CAGR of 6.9% from 2018 to 2025, due to the ongoing trend of digitalization of the industry and surge in need to provide unique in-store experiences. However, the BFSI segment is expected to continue its dominance and gnerate more than one-quarter of the overall revenue by 2025, owing to significant adoption of mainframe solutions among banking industry to meet the increase in financial transaction workloads across various countries. North America to generate the highest revenue through 2025 Regionally, North America dominated the market landscape by generating more than two-fifths of the overall revenue in 2017. The region is expected to retain its dominant position owing to well established financial infrastructure and high mainframe spending. However, Asia-Pacific is projected to register the highest growth rate of 6.5% during the forecast period, on account of rapid growth in retail and financial organizations in emerging economies such as China, Japan, and India. For Purchase Enquiry at https://www.alliedmarketresearch.com/purchase-enquiry/4161 Torchbearers of the industry The key players analyzed in the report include BMC Software, Inc., CA Technologies, Compuware Corporation, Dell EMC, Fujitsu Ltd., HCL, Hewlett-Packard, IBM Corporation, NEC Corporation, and Unisys Corporation. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry. Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. Similar Reports: Cloud Storage Market is Expected to Reach $97,415 Million by 2022 Next Generation Storage Devices Market Expected to Reach $141 Billion by 2022 About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: David Correa
SOURCE Allied Market Research 
|
View original content: