Increase in demand for high performance computing, development of IoT landscape, and surge in adoption of mainframe as a service drive the growth of the global Mainframe Market. On the other hand, dearth in mainframe skilled professionals and high costs check the growth to some extent. However, incorporation of blockchain technology with mainframe and on-going mainframe modernization are expected to create a number of lucrative opportunities for the key players in the market.
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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.
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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,
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Based on geography, North America generated more than two-fifth of the total revenue in 2017 and is predicted to lead the trail till 2025. Simultaneously, the Asia-Pacific region is assumed to garner the highest growth rate of 6.5% during the estimated period.
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. These market players have adopted several strategies including partnership, expansion, collaboration, joint ventures, and others to strengthen their foothold in the industry.
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Key Finding of the Market:
- Based on region, North America generated the highest revenue in 2017.
- Based on industry vertical, the retail segment is anticipated to exhibit substantial growth during the forecast period.
- Based on type, the Z systems accounted for the highest mainframe market share in 2017.
- By region, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period.
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