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Data Bridge Market Research analyses that the 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. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Research and analysis about the key developments in the market, key competitors and comprehensive competitor analysis included in the consistent Mainframe Security Market report assists businesses visualize the bigger picture of the market place and products which ultimately aids in defining superior business strategies. This market research report is comprehensive and encompasses various parameters of the market. The report can be used to obtain valuable market insights in a commercial way. Mainframe Security Market report includes most-detailed market segmentation, systematic analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets for this industry.
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Mainframe Security Market Dynamics
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.
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.
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.)
Recent Development
In 2020, Key Resources Inc. and BMC Software, Inc. signed a partnership to co-sell and license mainframe security solutions. The partnership will make major resources a preferred vendor for vulnerability management and BMC for mainframe security. This will empower BMC software Inc. to develop its geographical reach.
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Global Mainframe Security Market Segmentations:
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
Mainframe Security Market Regional Analysis/Insights
The countries covered in the mainframe security market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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