The Latin America, Middle East and Africa Mainframe Market is projected to witness market growth of 9.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Mainframe Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $86.5 million by 2031. The Argentina market is showcasing a CAGR of 10.9% during 2024-2031. Additionally, the UAE market would register a CAGR of 9% during 2024-2031.
Mainframes offer the robust security features, processing power, and reliability needed to handle the complexities of regulatory compliance. As regulatory environments become increasingly rigorous, the role of mainframes in ensuring compliance and protecting sensitive data remains critical.
Additionally, the demand for mainframes is fueled by their capacity to deliver secure, efficient, and dependable data processing solutions that fulfill the rigorous standards of regulatory compliance in a variety of industries.
The mainframe market in the LAMEA region is witnessing a resurgence driven by technological advancements, economic growth, and strategic governmental initiatives. The country's burgeoning financial sector significantly influences Brazil's demand for mainframes. Brazil, the largest economy in Latin America, has a complex and extensive financial system that necessitates high-performance and reliable computing capabilities. Mainframes are essential for handling vast transactions, ensuring data security, and maintaining system stability.
Based on Type, the market is segmented into Z Systems, GS Series, and Others. Based on End User, the market is segmented into BFSI, IT & Telecom, Manufacturing, Travel & Transportation, Retail & E-commerce, Government & Public Sector, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Mainframe Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $86.5 million by 2031. The Argentina market is showcasing a CAGR of 10.9% during 2024-2031. Additionally, the UAE market would register a CAGR of 9% during 2024-2031.
Mainframes offer the robust security features, processing power, and reliability needed to handle the complexities of regulatory compliance. As regulatory environments become increasingly rigorous, the role of mainframes in ensuring compliance and protecting sensitive data remains critical.
Additionally, the demand for mainframes is fueled by their capacity to deliver secure, efficient, and dependable data processing solutions that fulfill the rigorous standards of regulatory compliance in a variety of industries.
The mainframe market in the LAMEA region is witnessing a resurgence driven by technological advancements, economic growth, and strategic governmental initiatives. The country's burgeoning financial sector significantly influences Brazil's demand for mainframes. Brazil, the largest economy in Latin America, has a complex and extensive financial system that necessitates high-performance and reliable computing capabilities. Mainframes are essential for handling vast transactions, ensuring data security, and maintaining system stability.
Based on Type, the market is segmented into Z Systems, GS Series, and Others. Based on End User, the market is segmented into BFSI, IT & Telecom, Manufacturing, Travel & Transportation, Retail & E-commerce, Government & Public Sector, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- IBM Corporation
- Broadcom, Inc. (Symantec Corporation)
- DXC Technology Company
- Hewlett Packard Enterprise Company
- Atos Group
- Dell Technologies, Inc.
- HCL Technologies Ltd. (HCL Enterprises)
- BMC Software, Inc. (KKR & Co., Inc.)
- Fujitsu Limited
- Cognizant Technology Solutions Corporation
Market Report Segmentation
By Type
- Z Systems
- GS Series
- Others
By End User
- BFSI
- IT & Telecom
- Manufacturing
- Travel & Transportation
- Retail & E-commerce
- Government & Public Sector
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Mainframe Market by Type
Chapter 6. LAMEA Mainframe Market by End User
Chapter 7. LAMEA Mainframe Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- IBM Corporation
- Broadcom, Inc. (Symantec Corporation)
- DXC Technology Company
- Hewlett Packard Enterprise Company
- Atos Group
- Dell Technologies, Inc.
- HCL Technologies Ltd. (HCL Enterprises)
- BMC Software, Inc. (KKR & Co., Inc.)
- Fujitsu Limited
- Cognizant Technology Solutions Corporation
Methodology
LOADING...
