Mainframe Modernization Market Size, Share & Trends Analysis Distribution By Offering (Software, and Modernization Services), By Organization Size (Large Enterprises, and Small & Medium Enterprises), By Vertical (BFIS, IT & Its, Healthcare, Media & Entertainment, Retail & Commerce, Education, Manufacturing, Government, Telecom, and Other Verticals) and Segment Forecasts, 2025-2034

Report Id: 3306 Pages: 180 Last Updated: 26 November 2025 Format: PDF / PPT / Excel / Power BI
Share With : linkedin twitter facebook

Segmentation of Mainframe Modernization Market

Mainframe Modernization Market by Offering

·       Software

·       Modernization Services

Mainframe Modernization Market seg

Mainframe Modernization Market by Organization Size

·       Large Enterprises

·       Small & Medium Enterprises

Mainframe Modernization Market by Verticals

·       BFIS

·       IT & ITs

·       Healthcare

·       Media & Entertainment

·       Retail & Commerce

·       Education

·       Manufacturing

·       Government

·       Telecom

·       Other Verticals

Mainframe Modernization Market by Region

North America-

·       The US

·       Canada

Europe-

·       Germany

·       The UK

·       France

·       Italy

·       Spain

·       Rest of Europe

Asia-Pacific-

·       China

·       Japan

·       India

·       South Korea

·       Southeast Asia

·       Rest of Asia Pacific

Latin America-

·       Brazil

·       Argentina

·       Mexico

·       Rest of Latin America

 Middle East & Africa-

·       GCC Countries

·       South Africa

·       Rest of the Middle East and Africa

 
 

Chapter 1.    Methodology and Scope

1.1.    Research Methodology
1.2.    Research Scope & Assumptions

Chapter 2.    Executive Summary

Chapter 3.    Global Mainframe Modernization Market Snapshot

Chapter 4.    Global Mainframe Modernization Market Variables, Trends & Scope

4.1.    Market Segmentation & Scope
4.2.    Drivers
4.3.    Challenges
4.4.    Trends 
4.5.    Investment and Funding Analysis 
4.6.    Porter's Five Forces Analysis
4.7.    Incremental Opportunity Analysis (US$ MN), 2025-2034 
4.8.    Competitive Landscape & Market Share Analysis, By Key Player (2024)
4.9.    Use/impact of AI on Mainframe Modernization Market Industry Trends 
4.10.    Global Mainframe Modernization Market Penetration & Growth Prospect Mapping (US$ Mn), 2024-2034

Chapter 5.    Mainframe Modernization Market Segmentation 1: By Offering, Estimates & Trend Analysis

5.1.    Market Share by Offering, 2024 & 2034
5.2.    Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Offering:

5.2.1.    Software
5.2.2.    Services

Chapter 6.    Mainframe Modernization Market Segmentation 2: By Organization Size, Estimates & Trend Analysis

6.1.    Market Share by Organization Size, 2024 & 2034
6.2.    Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Organization Size:

6.2.1.    Large Enterprises
6.2.2.    SMEs

Chapter 7.    Mainframe Modernization Market Segmentation 3: By Vertical, Estimates & Trend Analysis

7.1.    Market Share by Vertical, 2024 & 2034
7.2.    Market Size Revenue (US$ Million) & Forecasts and Trend Analyses, 2021 to 2034 for the following Vertical:

7.2.1.    BFSI
7.2.2.    Telecom
7.2.3.    IT & ITES
7.2.4.    Retail & Ecommerce
7.2.5.    Media & Entertainment
7.2.6.    Education
7.2.7.    Manufacturing
7.2.8.    Government
7.2.9.    Others

Chapter 8.    Mainframe Modernization Market Segmentation 4: Regional Estimates & Trend Analysis

8.1.    Global Mainframe Modernization Market, Regional Snapshot 2024 & 2034
8.2.    North America

8.2.1.    North America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034

8.2.1.1.    US
8.2.1.2.    Canada

8.2.2.    North America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2021-2034
8.2.3.    North America High-Altitude Oxygen Simulation Market Revenue (US$ Million) Estimates and Forecasts by Organization Size, 2021-2034
8.2.4.    North America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Vertical, 2021-2034

8.3.    Europe

8.3.1.    Europe Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034

8.3.1.1.    Germany
8.3.1.2.    U.K.
8.3.1.3.    France
8.3.1.4.    Italy
8.3.1.5.    Spain
8.3.1.6.    Rest of Europe

8.3.2.    Europe Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2021-2034
8.3.3.    Europe Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Organization Size, 2021-2034
8.3.4.    Europe Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Vertical, 2021-2034

8.4.    Asia Pacific

8.4.1.    Asia Pacific Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034

8.4.1.1.    India 
8.4.1.2.    China
8.4.1.3.    Japan
8.4.1.4.    Australia
8.4.1.5.    South Korea
8.4.1.6.    Hong Kong
8.4.1.7.    Southeast Asia
8.4.1.8.    Rest of Asia Pacific

8.4.2.    Asia Pacific Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2021-2034
8.4.3.    Asia Pacific Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Organization Size, 2021-2034
8.4.4.    Asia Pacific Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Vertical, 2021-2034

8.5.    Latin America

8.5.1.    Latin America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034

8.5.1.1.    Brazil
8.5.1.2.    Mexico
8.5.1.3.    Rest of Latin America

8.5.2.    Latin America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2021-2034
8.5.3.    Latin America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Organization Size, 2021-2034
8.5.4.    Latin America Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Vertical, 2021-2034

8.6.    Middle East & Africa 

8.6.1.    Middle East & Africa Wind Turbine Rotor Blade Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034

8.6.1.1.    GCC Countries
8.6.1.2.    Israel
8.6.1.3.    South Africa
8.6.1.4.    Rest of Middle East and Africa

8.6.2.    Middle East & Africa Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Offering, 2021-2034
8.6.3.    Middle East & Africa Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Organization Size, 2021-2034
8.6.4.    Middle East & Africa Mainframe Modernization Market Revenue (US$ Million) Estimates and Forecasts by Vertical, 2021-2034

Chapter 9.    Competitive Landscape

9.1.    Major Mergers and Acquisitions/Strategic Alliances
9.2.    Company Profiles

9.2.1.    IBM (US)
9.2.1.1.    Business Overview
9.2.1.2.    Key Product /Service Overview
9.2.1.3.    Financial Performance
9.2.1.4.    Geographical Presence
9.2.1.5.    Recent Developments with Business Strategy
9.2.2.    TCS (India)
9.2.3.    Capgemini (France)
9.2.4.    Atos (France)
9.2.5.    AWS (US)
9.2.6.    Micro Focus (UK)
9.2.7.    BMC Software (US)
9.2.8.    Infosys (India)
9.2.9.    Wipro (India)
9.2.10.    HCL Tech (India)
9.2.11.    DXC Technology (US)
9.2.12.    Kyndryl (US)
9.2.13.    Rocket Software (US)
9.2.14.    Fujitsu (Japan)
9.2.15.    Cognizant (US)
9.2.16.    Tech Mahindra (India)
9.2.17.    Broadcom (US)
9.2.18.    TmaxSoft (US)
9.2.19.    PalmDigitalz (India)
9.2.20.    TSRI (US)
9.2.21.    Mechanical Orchard (US)
9.2.22.    Virtualz Computing (US)
9.2.23.    CloudFrame (US)
9.2.24.    Heirloom (US)  

 
 

Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

Name field cannot be blank!
Email field cannot be blank!(Use email format)
Designation field cannot be blank!
Company field cannot be blank!
Contact No field cannot be blank!
Message field cannot be blank!
4214
Security Code field cannot be blank!

Frequently Asked Questions

The mainframe modernization market Size is valued at US$ 7.6 Bn in 2024 and is predicted to reach US$ 22.0 Bn by the year 2034 at an 11.8% CAGR over the forecast period.

The major players in the Mainframe Modernization market are IBM, TCS, Capgemini, Atos, AWS, Micro Focus, BMC Software, Infosys, Wipro, HCL Tech, DXC Technology, Kyndryl, Rocket Software, Fujitsu, Cognizant, Tech Mahindra, Broadcom, TmaxSoft, Palm Digitalz, TSRI, Mechanical Orchard, Virtualz Computing, CloudFrame, and Heirloom

The primary mainframe modernization market segments are by offering, by vertical, by organization size, and by region.

North America leads the market for mainframe modernization due to rising need to address the aging talent pool and skill shortages around COBOL and legacy technologies.

Report License Selection

Determine the Appropriate License for your Report

Get Sample Report Enquiry Before Buying