Mainframe security market Size, Industry Share Forecast 2030

Mainframe security market is expected to reach USD 162.76 million by 2030, which is USD 81.68 million in 2022, at a CAGR of 9.00% during the forecast period.

Data Bridge Market research has recently released expansive research titled Mainframe Security Market guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market.

The persuasive Mainframe Security Market report comprises of strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. This market research study lends a hand to the purchaser in comprehending the various drivers and restraints with their effects on the market during the forecast period. The report has been prepared based on the market type, size of the organization, availability on-premises and the end-users’ organization type. Mainframe Security Market business report puts across the idea of high level analysis of major market segments and identification of opportunities.

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Mainframe Security Market Analysis and Size

As the mainframe environment has thousands of customers instantaneously performing extensive range of application with changing performance profiles, multi-layered security is needed to protect the mainframe. Mainframe safety helps the agency to hit upon threats, decrease cost and observer coverage and regulations. It additionally enables in reducing the enterprise hazard through implementing safety coverage and providing risk remediation, near loop and automatic safety intelligence.

Mainframe Security Market Scope and Segmentation

Market Definition

Mainframe security has become an important part in organizations, healthcare systems, financial and enterprises where a high level of data security is necessary. This system is very much intended to aid in processing large amounts of data quickly and efficiently. Mainframes are the large sized computers with the ability to store bulk data, higher level of reliability and processing power. They are designed with the capability to substitute hundreds of servers. These systems are used to host several operating systems.

Mainframe Security Market

Drivers

  • Increasing demand for cloud-based deployment for price optimization

The growing usage of cloud services is anticipated to bring down the costs for software and hardware products, which could help to reduce the overall price of the market, but more probably, larger adoption will bring in more customers, therefore being a potential positive for the growth of the market during the forecast period.

  • Access to specialized resources and skills

One of the major factor for the growth of the mainframe security market is it empowers a company to gain specialized knowledge in its non-major business segments. This allows the company to gain access to more chances through specialization and also aids it to focus on primary goals and prioritize work more efficiently. The cost benefits and the flexibility from cloud deployment is growing the penetration rate which results in driving the growth of the mainframe security market.

 Opportunities

  • Growing rate of cyber-attacks and data breach

The number of data breaches is increasing all over the globe. The price of recovering the information or data to compensate the loss owing to data breach is very high. For instance, according to the ServiceNow survey conducted by Ponemon, almost half of 3,000 companies surveyed confessed that their organization suffered a breach in the last two years. Of those who suffered from data breach, around 34% knew that they were vulnerable but did nothing. Therefore, the rising data breach occurrences will create lucrative opportunities for the growth of the mainframe security market.

Key points covered in the report: -

  • The pivotal aspect considered in the global Mainframe Security Market report consists of the major competitors functioning in the global market.
  • The report includes profiles of companies with prominent positions in the global market.
  • The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
  • The driving factors for the growth of the global Mainframe Security Market are thoroughly explained along with in-depth descriptions of the industry end users.
  • The report also elucidates important application segments of the global market to readers/users.
  • This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
  • The experts also evaluate the export/import policies that might propel the growth of the Global Mainframe Security Market.
  • The Global Mainframe Security Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.

 

What to Expect from the Report, a 7-Pointer Guide

  • The Mainframe Security Market report dives into the holistic Strategy and Innovation for this market ecosystem
  • The Mainframe Security Market report keenly isolates and upholds notable prominent market drivers and barriers
  • The Mainframe Security Market report sets clarity in identifying technological standardization as well as the regulatory
  • framework, besides significantly assessing various implementation models besides evaluation of numerous use cases
  • The Mainframe Security Market report is also a rich repository of crucial information across the industry, highlighting details on novel investments as well as stakeholders and relevant contributors and market participants.
  • A through market analytical survey and forecast references through the forecast tenure, encapsulating details on historical developments, concurrent events as well as future growth probability

 

Mainframe Security Market Scope

The mainframe security market is segmented on the basis of enterprise size, industry segment, type and service. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Mainframe Security Market Regional Analysis/Insights

The mainframe security market is analyzed and market size insights and trends are provided by country, enterprise size, industry segment, type and service as referenced above.

North America dominates the mainframe security market in terms of revenue owing to growing demand for POS for efficient management across fuel stations and convenience stores, and growing adoption of mobile POS and cloud-based POS in this region.

Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 owing to high adoption of cloud-based solutions and growing need for POS systems in this region.

Some of the major players operating in the mainframe security market are:

  • IBM (U.S.)
  • Dell Inc, (U.S.)
  • Hitachi (Japan)
  • Fujitsu (Japan)
  • Atos SE (France)
  • Hewlett Packard Enterprise Development LP (U.S.)
  • NEC Corporation (Japan)
  • Huawei Technologies Co., Ltd. (China)
  • Wipro Limited (India), Infosys Limited (India)
  • Cognizant (U.S.)
  • Tata Consultancy Services Limited (India)
  • DXC Technology Company (U.S.)
  • Broadcom (U.S.)
  • HCL Technologies Limited (India)
  • BMC Software, Inc. (U.S.)

 

By Enterprise Size (Small and Medium Enterprises, Large Enterprises), Industry Segment (Banking, Financial Services and Insurance, Manufacturing, Telecom and Information Technology (IT), Wholesale Distribution, Food and Beverage, Construction, Non-Profit Organizations, Chemicals, Retail, Others), Type (Access Control Solution, Server Security Solution, Mainframe Security Assessment Services, Others), Service (Professional Service, Managed Service)

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