The North America Mainframe Market is projected to witness market growth of 6.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Mainframe Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.16 billion by 2031. The Canada market is experiencing a CAGR of 8.8% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 7.8% during 2024-2031.
The ongoing digital transformation trend has further solidified the role of mainframes. As organizations strive to modernize their IT infrastructures, many find that integrating and enhancing their mainframe systems is a key component of their digital strategy. Mainframes are being modernized to work seamlessly with cloud environments, big data analytics, and other contemporary technologies.
Moreover, businesses can capitalize on the advantages of mainframes and leverage the scalability and adaptability of newer computing paradigms through this integration. The proliferation of IoT devices and big data initiatives drives the demand for mainframes.
The region's advanced technological infrastructure, robust regulatory frameworks, and significant investments in digital transformation contribute to the expanding mainframe market. In the United States, the growth of the mainframe market is primarily fueled by the BFSI sector. In the United States, mobile banking has experienced a significant increase in popularity as a principal method of account access, surpassing online banking as the most prevalent method (from 9.5 percent in 2015 to 34.0 percent in 2019), as reported by the Federal Deposit Insurance Corporation (FDIC). This highlights mainframes' immense data processing needs.
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 U.S., Mexico, Canada, and Rest of North America.
The US market dominated the North America Mainframe Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $1.16 billion by 2031. The Canada market is experiencing a CAGR of 8.8% during 2024-2031. Additionally, the Mexico market would exhibit a CAGR of 7.8% during 2024-2031.
The ongoing digital transformation trend has further solidified the role of mainframes. As organizations strive to modernize their IT infrastructures, many find that integrating and enhancing their mainframe systems is a key component of their digital strategy. Mainframes are being modernized to work seamlessly with cloud environments, big data analytics, and other contemporary technologies.
Moreover, businesses can capitalize on the advantages of mainframes and leverage the scalability and adaptability of newer computing paradigms through this integration. The proliferation of IoT devices and big data initiatives drives the demand for mainframes.
The region's advanced technological infrastructure, robust regulatory frameworks, and significant investments in digital transformation contribute to the expanding mainframe market. In the United States, the growth of the mainframe market is primarily fueled by the BFSI sector. In the United States, mobile banking has experienced a significant increase in popularity as a principal method of account access, surpassing online banking as the most prevalent method (from 9.5 percent in 2015 to 34.0 percent in 2019), as reported by the Federal Deposit Insurance Corporation (FDIC). This highlights mainframes' immense data processing needs.
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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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. North America Mainframe Market by Type
Chapter 6. North America Mainframe Market by End User
Chapter 7. North America 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
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