Mainframe Modernization Market Report: Industry Trends, Size, Revenue, Applications, Types Company Profiles Analysis by 2030 Accenture, Atos, Freesoft

PRESS RELEASE
Published October 4, 2023

New Jersey, United States – Infinity Business Insights has recently added a report titled ‘Mainframe Modernization Market: Size, Trends, Share, Growth, Segments, Analysis, and Forecast 2030′ to its database. This report comprehensively covers various segments including type, application, region, and key players, examining their potential impact on the Mainframe Modernization Market.

The report conducts an in-depth analysis of market characteristics, including size, share, trends, segmentation, and regional breakdowns. It also delves into the competitive landscape of the market. Its objective is to assist emerging businesses in assessing their plans by providing insights into the competitive scenario. Additionally, the report aims to define, segment, and project the Mainframe Modernization Market’s size based on product type, end-users, companies, and key regions. To achieve this, it includes historical data and forecasts for industry growth across major geographical areas.

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Top Leading Companies of Global Mainframe Modernization Market are Accenture, Atos, Bell Integrator, Capgemini, Cognizant, Fujitsu, HCL, IBM, TCS, Wipro, Infosys, DXC, Blu Age, TSRI, Micro Focus, Evolveware, Asysco, Expersolve, MOST Technologies, Freesoft.

Market Overview:

The global Mainframe Modernization market is expected to grow at a compound annual growth rate (CAGR) of 10.5 from 2023 to 2030. The Mainframe Modernization Market encompasses the global industry focused on updating and optimizing legacy mainframe computer systems to meet modern IT demands. This involves adopting modern technologies, such as cloud computing, microservices, and virtualization, to enhance scalability, agility, and cost-effectiveness.

The market serves industries with longstanding mainframe infrastructures, like finance, healthcare, and government, aiming to improve operational efficiency and reduce maintenance costs. It includes technology providers, consulting firms, and software developers specializing in mainframe modernization solutions. Factors influencing this market include the need for digital transformation, regulatory compliance, and the desire to leverage newer technologies to extract value from existing mainframe investments.

Market Segmentation:

By Types:

Cobol
Ada
PL/1
RPG
Assembler
PowerBuilder
By Application

Large Enterprises
SMEs

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Mainframe Modernization Market Competitive Analysis:
The mainframe modernization market is highly competitive, with several key players offering solutions for updating and optimizing legacy mainframe systems. Companies emphasize scalability, agility, and cost-effectiveness in legacy system migration and transformation. Strategic partnerships with cloud providers, software vendors, and consulting firms are common to expand service capabilities. Price competitiveness is significant, as vendors aim to provide cost-effective modernization solutions. The market is driven by the need to leverage modern technologies, improve efficiency, and reduce maintenance costs associated with aging mainframe systems. Adapting to evolving technology trends, legacy system complexity, and specific customer requirements is vital for maintaining a competitive edge in this dynamic and essential modernization sector.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2023-2030) of the following regions are covered

  • North America (United States, Canada and Mexico)
  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
  • South America (Brazil, Argentina, Columbia etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Research Methodology:

This study follows a robust research methodology, involving data collection through data collection modules with a large sample size. The collected data undergoes analysis using statistical and coherent models to derive meaningful insights. The market report includes key components such as market share analysis and key trend analysis. To ensure accuracy and reliability, Infinity Business Insights’ research team employs a data triangulation approach, combining data mining, analysis of data variables’ impact on the market, and validation through primary sources such as industry experts. Various data models, including the Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, and Asia-Pacific vs. Regional & Vendor Share Analysis, are utilized. For further inquiries, an analyst call can be requested.

The Mainframe Modernization market report addresses several essential inquiries, including:

  1. Analysis of strengths and weaknesses of key vendors.
  2. Identification of leading key players and their future business plans.
  3. Projection of the market size and growth rate for the Mainframe Modernization market in the upcoming year.
  4. Examination of the primary factors driving the global Mainframe Modernization market.
  5. Assessment of key market trends influencing the growth of the global Mainframe Modernization market.
  6. Identification of trending factors impacting market shares in top regions worldwide, including the effects of Covid-19 on the industry.
  7. Evaluation of key market players and their strategies within the global Mainframe Modernization market.
  8. Exploration of market opportunities and threats faced by vendors in the global Mainframe Modernization market.
  9. Analysis of industrial trends, drivers, and challenges influencing market growth.
  10. Presentation of key findings derived from the five forces analysis of the global Mainframe Modernization market.

What’s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero- Covid policy in China and its bumpy reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies – Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

A Full Sample Report PDF is Available for FREE @https://www.infinitybusinessinsights.com/request_sample.php?id=1691923&PJ08

Table of Content:
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1 Global Statistics – Key Countries
4.2 New Product Launches
4.3 Pipeline Analysis
4.4 Regulatory Scenario – Key Countries
4.5 Recent Industry Developments – Partnerships, Mergers & Acquisitions
5. Global Mainframe Modernization Market Analysis, Insights and Forecast
5.1. Key Findings/ Summary
5.2. Market Analysis – By Product Type
5.3. Market Analysis – By Distribution Channel
5.4. Market Analysis – By Countries/Sub-regions……………
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis
11.3. Competition Dashboard
11.4. Comparative Analysis – Major Players
12. Company Profiles
12.1 Overview
12.2 Products & Services
12.3 SWOT Analysis
12.4 Recent developments
12.5 Major Investments
12.6 Regional Market Size and Demand
13. Strategic Recommendations
TOC Continued……………….

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