The global mainframes market is expected to grow at an impressive CAGR of close to 3% during the forecast period, according to Technavio's latest market research.
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Technavio has published a new report on the global mainframes market from 2017-2021. (Graphic: Business Wire)
In this market research report, Technaviocovers the market outlook and growth prospects of the global mainframes market for 2017-2021. The market is further categorized into four application segments, including generation, transmission, substation automation, and distribution.
Technavio's research analysts segment the global mainframes market into the following regions:
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Global mainframes market in Americas
The Americas is the highest contributor in the market due to the presence of leading vendors in the market such as IBM, Dell EMC, and BMC Software. The adoption of mainframes in the Americas is considerably high as the leading BFSI, healthcare, retail, and telecom firms have implemented mainframe solutions. The adoption of mainframes in North American nations is high as compared to the South American nations.
According to Amrita Choudhury, a lead enterprise application research analyst at Technavio, "The US and Canada are the leading countries in which enterprises have installed mainframe solutions to manage databases. Enterprises operating businesses in the BFSI sector in South American nations such as Brazil and Chile have primarily subscribed to mainframes."
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Global mainframes market in EMEA
The market for mainframes solutions in Europe is growing as the mobile payment industry is becoming dynamic in the region. The adoption of advanced payment technologies in European banks will require effective data processing solutions. The adoption of mainframes in the European Union nations is gradually increasing in the telecom sector to manage data, voice, and messaging services. The UK, Germany, France, and Spain are the leading countries adopting virtualized servers. The need for software centric IT infrastructure has led to the increasing adoption of software-defined solutions in Europe.
Global mainframes market APAC
Digital transformation is one the major factors behind the growth of the mainframes market in Asian Countries such as China, India, Singapore, and Australia. The adoption of cloud-based services in data centers and mainframe management is increasing gradually. The adoption of cloud in Singapore is increasing due to government investments in smart projects such as Smart Nation. The Singapore infrastructure development authorities are encouraging public and private sector firms to adopt cloud-based solutions for storing digital files.
"China and India are also adopting cloud-based storage solutions to reduce their overall storage costs. Enterprises are implementing cloud-based storage to reduce the investments and operational costs associated with data centers. The adoption of cloud in Asia is increasing at a significant rate as the demand for cost-effective IT solutions has intensified in all kinds of organizations," says Amrita.
The top vendors in the global mainframes market as highlighted in this market research analysis are:
- BMC Software
- Dell EMC
- Hitachi Data System
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