Mainframe Modernization Market

The mainframe modernization market involves updating legacy mainframe systems to align with contemporary technology standards for improved efficiency and scalability. The primary customers are large enterprises in critical industries such as banking, healthcare, and government. Key growth drivers include the need to reduce high maintenance costs, improve business agility, enhance security, and integrate mainframes with modern technologies like cloud computing, AI, and automation to facilitate digital transformation.

CAGR

9.38%

Compound Annual Growth Rate

Current Value

$9.10B

Estimated 2026

Projected Value

$18.6B

By 2034

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