Mainframe Modernization Services Market Scope And Analysis

Report Code : TIPRE00028613
Category : Technology, Media and Telecommunications

Status : Published
No. of Pages : 234

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Mainframe Modernization Services Market Analysis by 2031

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Mainframe Modernization Services Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 33.55 Billion
Market Size by 2031	US$ 86.14 Billion
Global CAGR (2023 - 2031)	16%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Services Application Modernization Cloud Migration Data Modernization By End-Use Industry IT and Telecom BFSI Retail Healthcare Government Media and Entertainment Manufacturing Education By Enterprise Size SMEs Large Enterprises
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Accenture Capgemini Cognizant Amazon Web Services Inc Infosys Limited Fujitsu HCL Technologies Limited Wipro Digital IBM Ensono

Mainframe Modernization Services Market News and Recent Developments

The mainframe modernization services market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the mainframe modernization services market are listed below:

Accenture Federal Services had been awarded the US Army’s Enterprise Application Modernization and Migration (EAMM) contract with a potential value of US$ 127 million. Accenture Federal Services will use its cloud migration and modernization approach to perform large-scale application assessments, migrations, and modernizations to the cloud.

(Source: Accenture, Press Release, May 2024)

Fujitsu announced the Japan market launch of its successful modernization automation service “Fujitsu PROGRESSION,” building on a proven track of over 50 global use cases in which it migrated legacy systems to the Fujitsu mainframe "GS21 Series." “Fujitsu PROGRESSION” is a service that automatically converts script written in COBOL into Java or C# while preserving the functionality of applications built on mainframes. It delivers modernization services for end-to-end support, from drafting migration plans based on customer systems audits to asset migration through to testing and operation.

(Source: Fujitsu, Press Release, May 2024)

Mainframe Modernization Services Market Report Coverage and Deliverables

The "Mainframe Modernization Services Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:

Mainframe modernization services market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
Mainframe modernization services market trends as well as market dynamics such as drivers, restraints, and key opportunities
Detailed PEST and SWOT analysis
Mainframe modernization services market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the mainframe modernization services market
Detailed company profiles