메인프레임 현대화 시장 : 제공별, 조직 규모별, 업계별, 지역별 - 예측(-2030년)

The mainframe modernization market is projected to grow from USD 8.39 billion in 2025 to USD 13.34 billion by 2030, at a CAGR of 9.7%, from 2025 to 2030. Key players in mainframe modernization are rapidly advancing transformation through AI-driven automation, strategic partnerships, and specialized frameworks.

IBM is modernizing mainframes with AI and partnering with others to enhance banking and data processing. AWS is accelerating cloud migration for finance with Kyndryl. Capgemini, HCLTech, and TCS are also leveraging AI and automation for efficient legacy-to-cloud transitions and modernization in regulated sectors.

However, the formidable complexity associated with migrating legacy codebases, which often include undocumented code and tightly coupled business logic, restrains market growth. The risk of data loss and business disruption is large unless migration is planned and executed meticulously, often leading organizations to adopt hybrid or gradual modernization strategies supported by both automation and expert-led interventions.

"Mainframe application modernization services segment will register the largest market share during the forecast period"

Mainframe application modernization services are in demand as organizations seek to transform legacy applications into agile and cloud-ready solutions while ensuring operational continuity and regulatory compliance. These services, encompassing re-hosting, re-platforming, re-architecting, and AI-driven refactoring, are critical because most enterprises lack the expertise to modernize complex legacy applications internally. Service providers help clients unlock real-time analytics, enable API-driven integration, and support seamless cloud migration with minimal downtime.

Financial institutions and telecom companies, for example, rely heavily on application modernization services to maintain business-critical workloads while adopting digital-first strategies. The rise of AI-powered automation tools accelerates code conversion, reduces manual errors, and shortens project timelines, enabling faster rollout of new digital services. With compliance demands and security risks rising, enterprises prefer these comprehensive modernization service engagements to handle complexity, ensure risk-managed transformation, and optimize legacy investments.

"BFSI segment is projected to register the largest market share during the forecast period"

The BFSI sector remains the primary driver of mainframe modernization due to its dependence on secure, resilient legacy systems supporting high-volume transaction processing and real-time financial services. Regulatory complexities such as anti-money laundering, digital banking mandates, and financial reporting demand continual platform upgrades that align legacy infrastructure with modern cloud and AI ecosystems.

Many institutions use modernization techniques, such as AI-assisted code refactoring and API enablement, to maintain critical system stability while introducing innovation and ensuring compliance. Leading banks in Japan and the US are modernizing core payment and risk platforms with incremental, cloud-integrated strategies to meet evolving customer expectations and regulatory scrutiny. The sector's cautious yet ambitious approach reflects its need for business continuity, data integrity, and fast adaptability in a rapidly shifting financial landscape.

"Asia Pacific will record the highest growth rate, while North America will hold the largest market share during the forecast period"

Asia Pacific is emerging as a key region for mainframe modernization driven by a unique blend of large, mature mainframe estates and fast-paced digital economy growth. India, Japan, China, and Southeast Asian nations prioritize modernizing legacy systems to support digital banking, mobile payments, public sector digital initiatives, and regulatory compliance. This modernization often involves phased migrations, hybrid cloud deployments, and AI-enabled automation to handle enormous transaction volumes while reducing operational risk.

Regulatory pressures around data sovereignty and open banking accelerate the urgency of modernization. Enterprises in Asia Pacific are embracing cloud-native integration and API-first architectures to transform traditional workflows and enhance real-time processing capabilities. The collaborative innovation ecosystem, combining global technology vendors with strong local IT service providers, further fuels growth of the Asia Pacific market.

North America maintains its dominant share in the mainframe modernization sector, primarily driven by a substantial presence of Fortune 500 companies and government agencies that manage extensive legacy systems. This region's leadership can be attributed to a history of early technology adoption and stringent compliance requirements, particularly in the finance and healthcare industries, and a persistent demand for robust and scalable IT infrastructures. These elements contribute to aggressive digital transformation initiatives focusing on enhancing operational resilience and agility.

Breakdown of primary interviews

The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primary interviews is as follows:

• By Company Type: Tier 1 - 35%, Tier 2 - 40%, and Tier 3 - 25%
• By Designation: C-level - 25% , Directors -35%, and Others - 40%
• By Region: North America - 35%, Europe - 35%, Asia Pacific - 20%, Rest of the World - 10%

The major players in the mainframe modernization market are IBM (US), TCS (India), Capgemini (France), Atos (France), AWS (US), Micro Focus (UK), BMC Software (US), Infosys (India), Wipro (India), HCL Tech (India), DXC Technology (US), Kyndryl (US), Rocket Software (US), Fujitsu (Japan), Cognizant (US), Tech Mahindra (India), Broadcom (US), and TmaxSoft (US). These players have adopted various growth strategies, such as partnerships, agreements & collaborations, new product launches, product enhancements, and acquisitions, to expand their footprint in the mainframe modernization market.

Research Coverage

The market study covers the mainframe modernization market size across different segments. It aims to estimate the market size and the growth potential across different segments, including offering (software and modernization services), organization size (large enterprises and SMEs), verticals (BFSI, IT & ITES, healthcare, media & entertainment, retail & ecommerce, education, manufacturing, government, telecom, and other verticals), and regions. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.

Key Benefits of Buying the Report

The report will help market leaders and new entrants with information on the closest approximations of the global mainframe modernization market's revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market's pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights into the following pointers:

• Analysis of key drivers (workforce retirement and legacy skills shortage, increasing regulatory and compliance requirements, rapid adoption of AI and cloud for mission-critical workloads), restraints (complexity and risk of migrating legacy codebases, persistent high costs and budget constraints for large-scale transformations, insufficient documentation of legacy systems), opportunities (emerging SME adoption and mid-market demand, accelerated banking and fintech modernization in Asia Pacific, growth of AI-enabled and modular modernization solutions) and challenges (ensuring uninterrupted business operations during migration, overcoming resistance to organizational change, shortage of skilled modernization and integration talent) influencing the growth of the mainframe modernization market.

Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the mainframe modernization market

Market Development: Comprehensive information about lucrative markets - analysis of mainframe modernization market across various regions

Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the mainframe modernization market

Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players IBM (US), TCS (India), Capgemini (France), Atos (France), AWS (US), Micro Focus (UK), BMC Software (US), Infosys (India), Wipro (India), HCL Tech (India), DXC Technology (US), Kyndryl (US), Rocket Software (US), Fujitsu (Japan), Cognizant (US), Tech Mahindra (India), Broadcom (US), and TmaxSoft (US)

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKET SEGMENTATION AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS & EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNITS CONSIDERED
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 List of key secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Primary interviews with experts
    • 2.1.2.2 Breakdown of primary profiles
    • 2.1.2.3 Key insights from industry experts
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 TOP-DOWN APPROACH
  • 2.2.2 BOTTOM-UP APPROACH
  • 2.2.3 MAINFRAME MODERNIZATION MARKET ESTIMATION: DEMAND-SIDE ANALYSIS
• 2.3 DATA TRIANGULATION
• 2.4 RISK ASSESSMENT
• 2.5 RESEARCH ASSUMPTIONS
• 2.6 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN MAINFRAME MODERNIZATION MARKET
• 4.2 MAINFRAME MODERNIZATION MARKET, BY OFFERING
• 4.3 MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE
• 4.4 MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE
• 4.5 MAINFRAME MODERNIZATION MARKET, BY VERTICAL
• 4.6 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET: OFFERINGS AND TOP THREE VERTICALS

5 MARKET OVERVIEW AND INDUSTRY TRENDS

Unpacking the Forces Shaping Mainframe Modernization & Future Growth Opportunities

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Need for agility, speed, and digital transformation
    • 5.2.1.2 Cost reduction and operational efficiency
    • 5.2.1.3 Integration with modern technologies (cloud, AI, DevOps)
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 High complexity of legacy applications
    • 5.2.2.2 Risk of business disruption during transformation
    • 5.2.2.3 Shortage of modernization expertise
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Accelerated innovation with cloud-native and AI tools
    • 5.2.3.2 Migration to pay-as-you-go and managed modernization services
    • 5.2.3.3 Enhanced business agility through modular architectures
    • 5.2.3.4 Modernization demand in highly regulated sectors
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Understanding legacy system architecture and code complexity
    • 5.2.4.2 Ensuring data integrity and compliance during migration
    • 5.2.4.3 Long modernization timelines and resource management
    • 5.2.4.4 Integrating mainframe and non-mainframe workloads smoothly
• 5.3 EVOLUTION OF MAINFRAME MODERNIZATION SOFTWARE AND SERVICES
• 5.4 MAINFRAME MODERNIZATION MARKET: ECOSYSTEM MARKET MAP
• 5.5 CASE STUDY ANALYSIS
  • 5.5.1 GLOBAL FINANCIAL SERVICES PROVIDER LEVERAGES CAPGEMINI AND MICROSOFT AZURE FOR LEGACY MAINFRAME MODERNIZATION
  • 5.5.2 LUMEN TECHNOLOGIES PARTNERS WITH ATOS FOR MAINFRAME MODERNIZATION AND CLOUD MIGRATION
  • 5.5.3 NORTH AMERICAN INSURANCE COMPANY REDUCES TCO BY 30% WITH INFOSYS MAINFRAME AND APPLICATION MODERNIZATION SERVICES
• 5.6 SUPPLY CHAIN ANALYSIS
• 5.7 REGULATORY LANDSCAPE
  • 5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    • 5.7.1.1 General Data Protection Regulation-European Union
    • 5.7.1.2 Federal Risk and Authorization Management Program (FedRAMP) - US
    • 5.7.1.3 National Institute of Standards and Technology (NIST)-US
  • 5.7.2 KEY REGULATIONS
    • 5.7.2.1 North America
      • 5.7.2.1.1 US
    • 5.7.2.2 Europe
      • 5.7.2.2.1 UK
    • 5.7.2.3 Asia Pacific
      • 5.7.2.3.1 India
      • 5.7.2.3.2 Japan
    • 5.7.2.4 Middle East & Africa
      • 5.7.2.4.1 Saudi Arabia
    • 5.7.2.5 Latin America
      • 5.7.2.5.1 Brazil
• 5.8 PRICING ANALYSIS
  • 5.8.1 AVERAGE SELLING PRICE OF MAINFRAME MODERNIZATION SOFTWARE, BY KEY PLAYER
  • 5.8.2 PRICING RANGE OF MAINFRAME MODERNIZATION SERVICES, BY END USER
• 5.9 TECHNOLOGY ANALYSIS
  • 5.9.1 KEY TECHNOLOGIES
    • 5.9.1.1 Automated Code Conversion and Refactoring
    • 5.9.1.2 Cloud Hosting and Mainframe-as-a-Service
  • 5.9.2 ADJACENT TECHNOLOGIES
    • 5.9.2.1 Hybrid cloud orchestration platforms
    • 5.9.2.2 Low-code and no-code application platforms
  • 5.9.3 COMPLEMENTARY TECHNOLOGIES
    • 5.9.3.1 AI (including Gen AI for Code Transformation)
    • 5.9.3.2 Data Migration and Integration Tools
• 5.10 PATENT ANALYSIS
• 5.11 PORTER'S FIVE FORCES ANALYSIS
  • 5.11.1 THREAT OF NEW ENTRANTS
  • 5.11.2 THREAT OF SUBSTITUTES
  • 5.11.3 BARGAINING POWER OF SUPPLIERS
  • 5.11.4 BARGAINING POWER OF BUYERS
  • 5.11.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.13.2 BUYING CRITERIA
• 5.14 KEY CONFERENCES AND EVENTS
• 5.15 TECHNOLOGY ROADMAP FOR MAINFRAME MODERNIZATION MARKET
  • 5.15.1 SHORT-TERM ROADMAP (2023-2025)
  • 5.15.2 MID-TERM ROADMAP (2026-2028)
  • 5.15.3 LONG-TERM ROADMAP (2029-2030)
• 5.16 BEST PRACTICES IN MAINFRAME MODERNIZATION MARKET
  • 5.16.1 COMPREHENSIVE ASSESSMENT AND BUSINESS ALIGNMENT
  • 5.16.2 INCREMENTAL AND MODULAR MODERNIZATION
  • 5.16.3 AUTOMATED CODE TRANSFORMATION AND TESTING
  • 5.16.4 CROSS-FUNCTIONAL TEAMS AND KNOWLEDGE TRANSFER
  • 5.16.5 SECURITY AND COMPLIANCE INTEGRATION
• 5.17 INVESTMENT AND FUNDING SCENARIO
• 5.18 IMPACT OF GEN AI ON MAINFRAME MODERNIZATION MARKET
  • 5.18.1 TOP USE CASES AND MARKET POTENTIAL
    • 5.18.1.1 Key use cases
  • 5.18.2 BEST PRACTICES
    • 5.18.2.1 Banking & financial services industry
    • 5.18.2.2 Healthcare industry
    • 5.18.2.3 Telecom industry
  • 5.18.3 CASE STUDIES OF GEN AI IMPLEMENTATION
    • 5.18.3.1 Automating Mainframe Testing with AI (Micro Focus)
    • 5.18.3.2 Mapping Legacy Dependencies Using AI for Mainframes (Deloitte)
    • 5.18.3.3 Detecting Fraud on IBM Z Mainframes with AI/ML
    • 5.18.3.4 Optimizing Mainframe Workloads through AI Analytics (BMC)
    • 5.18.3.5 Enhancing Mainframe Code Security with AI Scanning (Veracode)
• 5.19 IMPACT OF 2025 US TARIFFS-OVERVIEW
  • 5.19.1 INTRODUCTION
  • 5.19.2 KEY TARIFF RATES
  • 5.19.3 PRICE IMPACT ANALYSIS
  • 5.19.4 IMPACT ON REGION/COUNTRY
    • 5.19.4.1 North America
    • 5.19.4.2 Europe
    • 5.19.4.3 Asia Pacific
  • 5.19.5 IMPACT ON END-USE INDUSTRIES

6 MAINFRAME MODERNIZATION MARKET, BY OFFERING

Detailed breakdown of market share and growth across Mainframe Modernization Software and Services

• 6.1 INTRODUCTION
  • 6.1.1 OFFERINGS: MAINFRAME MODERNIZATION MARKET DRIVERS
• 6.2 SOFTWARE
  • 6.2.1 MAINFRAME APPLICATION MODERNIZATION SOFTWARE
    • 6.2.1.1 Gen-AI code analysis/refactoring and microservices adoption to propel rapid portfolio upgrades, signaling strong expansion ahead
  • 6.2.2 MAINFRAME OPTIMIZATION SOFTWARE
    • 6.2.2.1 Cost pressure and performance SLAs to push AI/ML tuning and MIPS reduction, underpinning steady, efficiency led growth
• 6.3 MODERNIZATION SERVICES
  • 6.3.1 MAINFRAME APPLICATION MODERNIZATION SERVICES
    • 6.3.1.1 AI/DevOps led refactoring and CI/CD demand to accelerate migrations, pointing to robust multi year growth
    • 6.3.1.2 Rehosting
      • 6.3.1.2.1 Rapid migration of legacy workloads to modern infrastructure with minimal code change to reduce costs and preserve business continuity
    • 6.3.1.3 Replatforming
      • 6.3.1.3.1 Cloud adoption, containerization, and DevOps agility to drive lift and shift modernization, supporting steady, scalable growth
    • 6.3.1.4 Refactoring
      • 6.3.1.4.1 AI assisted code modularization to reduce technical debt and downtime, accelerating phased upgrades and multi year expansion
    • 6.3.1.5 Rewriting
      • 6.3.1.5.1 Strategic rebuilds for compliance and innovation to unlock long term capability gains, forecasting selective but high value growth
    • 6.3.1.6 Replacing
      • 6.3.1.6.1 COTS/SaaS substitution to cut cost and meet regulations speeds time to value, enabling broad, rapid adoption
  • 6.3.2 MAINFRAME OPTIMIZATION SERVICES
    • 6.3.2.1 Compliance and cost pressure to drive AMI, MIPS reduction, and license tuning, supporting steady efficiency led expansion
  • 6.3.3 MAINFRAME OPERATIONS
    • 6.3.3.1 24X7 resilience, security, and hybrid complexity to sustain managed operations demand, forecasting durable recurring growth
  • 6.3.4 MAINFRAME-AS-A-SERVICE
    • 6.3.4.1 Skills gaps and pay as you go economics to spur outsourced, consumption based mainframe management, signaling rapid, scalable adoption

7 MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE

Detailed breakdown of market share and growth across Mainframe Modernization Organization Size

• 7.1 INTRODUCTION
  • 7.1.1 ORGANIZATION SIZE: MAINFRAME MODERNIZATION MARKET DRIVERS
• 7.2 LARGE ENTERPRISES
  • 7.2.1 AI DRIVEN, COMPLIANCE FIRST MODERNIZATION IN LARGE ENTERPRISES TO PROPEL MULTI YEAR GROWTH
• 7.3 SMALL AND MEDIUM-SIZED ENTERPRISES
  • 7.3.1 SME MODERNIZATION TO ACCELERATE THROUGH AI ENABLED, SAAS FIRST, MFAAS SUPPORTED APPROACHES WITH PREDICTABLE COSTS

8 MAINFRAME MODERNIZATION MARKET, BY VERTICAL

Detailed breakdown of market share and growth across Mainframe Modernization Verticals

• 8.1 INTRODUCTION
  • 8.1.1 VERTICALS: MAINFRAME MODERNIZATION MARKET DRIVERS
• 8.2 BANKING, FINANCIAL SERVICES, & INSURANCE
  • 8.2.1 COMPLIANCE AND AI DRIVEN CORE MODERNIZATION TO SCALE VIA PHASED REFACTORING, SUSTAINING MULTI YEAR GROWTH
• 8.3 IT & ITES
  • 8.3.1 AI/DEVOPS MODERNIZATION TO BOOST PROVIDER AGILITY AND CLIENT DEMAND, DRIVING STEADY EXPANSION
• 8.4 HEALTHCARE
  • 8.4.1 HIPAA/GDPR LED, AI ASSISTED CLOUD MODERNIZATION TO ADVANCE CAUTIOUSLY, UNDERPINNING DURABLE GROWTH
• 8.5 MEDIA & ENTERTAINMENT
  • 8.5.1 CX AND RIGHTS COMPLIANCE TO DRIVE AI-ENABLED DEVOPS PIPELINES FOR RAPID RELEASES AND SUSTAINED GROWTH
• 8.6 RETAIL & E-COMMERCE
  • 8.6.1 OMNICHANNEL DEMAND AND PEAK EVENTS TO DRIVE AI AND AUTOMATION LED MODERNIZATION FOR REAL TIME AGILITY AND SCALABLE GROWTH
• 8.7 EDUCATION
  • 8.7.1 PRIVACY DRIVEN (FERPA/GDPR) CLOUD AND AI UPGRADES TO MODERNIZE STUDENT SYSTEMS, SUPPORTING STEADY ADOPTION AND INCLUSIVE EXPANSION
• 8.8 MANUFACTURING
  • 8.8.1 INDUSTRY 4.0, ERP INTEGRATION, AND COMPLIANCE NEEDS TO PROPEL HYBRID REFACTORING AND DATA DRIVEN PLATFORMS FOR SUSTAINED COMPETITIVENESS
• 8.9 GOVERNMENT
  • 8.9.1 COMPLIANCE, COST REDUCTION, AND CITIZEN SERVICE GOALS TO PUSH HYBRID CLOUD AND MFAAS MODERNIZATION, YIELDING GRADUAL BUT DURABLE PROGRESS
• 8.10 TELECOM
  • 8.10.1 5G ROLLOUT, REAL-TIME BILLING, AND CUSTOMER EXPERIENCE PRESSURES TO DRIVE AI/DEVOPS MODERNIZATION TOWARD MICROSERVICES AND HYBRID CLOUD, ENABLING SUSTAINABLE GROWTH
• 8.11 OTHER VERTICALS

9 MAINFRAME MODERNIZATION MARKET, BY REGION

Regional market sizing, forecasts, and regulatory landscapes

• 9.1 INTRODUCTION
• 9.2 NORTH AMERICA
  • 9.2.1 NORTH AMERICA: MACROECONOMIC OUTLOOK
  • 9.2.2 US
    • 9.2.2.1 Focus on transforming legacy systems with AI, automation, and cloud technologies to drive market
  • 9.2.3 CANADA
    • 9.2.3.1 Emphasis on hybrid cloud integration, compliance, workforce upskilling, and data accessibility in financial and public sectors to drive market
• 9.3 EUROPE
  • 9.3.1 EUROPE: MACROECONOMIC OUTLOOK
  • 9.3.2 GERMANY
    • 9.3.2.1 Focus on industrial resilience, compliance, and secure stepwise mainframe-to-cloud integration to drive market
  • 9.3.3 UK
    • 9.3.3.1 Regulatory-driven banking transformation, public sector digitalization, and adoption of phased, risk-managed modernization to drive market
  • 9.3.4 FRANCE
    • 9.3.4.1 Public sector and banking initiatives, regulatory compliance, and high-profile AI adoption to drive market
  • 9.3.5 SPAIN
    • 9.3.5.1 Banking, insurance, and public sector transformation via cloud integration and modular migration strategies to drive market
  • 9.3.6 ITALY
    • 9.3.6.1 Focus on banking, insurance, and public sector modernization to drive market
  • 9.3.7 NORDIC COUNTRIES
    • 9.3.7.1 Public sector digital transformation and open banking to drive market
  • 9.3.8 REST OF EUROPE
• 9.4 ASIA PACIFIC
  • 9.4.1 ASIA PACIFIC: MACROECONOMIC OUTLOOK
  • 9.4.2 CHINA
    • 9.4.2.1 Data sovereignty, strong public sector involvement, and modernization of banking and government platforms to drive market
  • 9.4.3 JAPAN
    • 9.4.3.1 Regulatory-driven transformation with stepwise upgrades and automation-led migration to drive market
  • 9.4.4 INDIA
    • 9.4.4.1 Public sector digital transformation and large-scale banking modernization to propel market
  • 9.4.5 AUSTRALIA & NEW ZEALAND
    • 9.4.5.1 Regulatory-driven banking and public sector modernization with strong vendor partnerships to drive market
  • 9.4.6 SOUTH KOREA
    • 9.4.6.1 Leveraging local technology leaders for modular migration in banking and telecom to drive market
  • 9.4.7 SOUTHEAST ASIA
    • 9.4.7.1 Digital banking, public sector upgrading, and greater cloud adoption to drive market
  • 9.4.8 REST OF ASIA PACIFIC
• 9.5 MIDDLE EAST & AFRICA
  • 9.5.1 MIDDLE EAST & AFRICA: MACROECONOMIC OUTLOOK
  • 9.5.2 MIDDLE EAST
    • 9.5.2.1 Kingdom of Saudi Arabia
      • 9.5.2.1.1 State-led digital transformation and mandated banking and public sector upgrades to drive market
    • 9.5.2.2 UAE
      • 9.5.2.2.1 Government-led digital initiatives, banking innovation, and widespread use of hybrid cloud and containerized mainframe models to fuel modernization
    • 9.5.2.3 Rest of Middle East
  • 9.5.3 AFRICA
• 9.6 LATIN AMERICA
  • 9.6.1 LATIN AMERICA: MACROECONOMIC OUTLOOK
  • 9.6.2 BRAZIL
    • 9.6.2.1 Strategic public-private investments, regulatory reforms, and landmark banking sector projects to drive market
  • 9.6.3 MEXICO
    • 9.6.3.1 Cloud migration, talent upskilling, and system integration for financial and governmental sectors to drive market
  • 9.6.4 REST OF LATIN AMERICA

10 COMPETITIVE LANDSCAPE

Strategic Profiles of Leading Players & Their Playbooks for Market Dominance

• 10.1 OVERVIEW
• 10.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023-2025
• 10.3 MARKET SHARE ANALYSIS, 2024
  • 10.3.1 MARKET RANKING ANALYSIS
• 10.4 REVENUE ANALYSIS, 2020-2024
• 10.5 BRAND/PRODUCT COMPARISON
• 10.6 COMPANY VALUATION AND FINANCIAL METRICS
• 10.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  • 10.7.1 STARS
  • 10.7.2 EMERGING LEADERS
  • 10.7.3 PERVASIVE PLAYERS
  • 10.7.4 PARTICIPANTS
  • 10.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
    • 10.7.5.1 Company footprint
    • 10.7.5.2 Region footprint
    • 10.7.5.3 Offering footprint
    • 10.7.5.4 Organization size footprint
    • 10.7.5.5 Vertical footprint
• 10.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
  • 10.8.1 PROGRESSIVE COMPANIES
  • 10.8.2 RESPONSIVE COMPANIES
  • 10.8.3 DYNAMIC COMPANIES
  • 10.8.4 STARTING BLOCKS
  • 10.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
    • 10.8.5.1 Detailed list of key startups/SMEs
    • 10.8.5.2 Competitive benchmarking of key startups/SMEs
• 10.9 COMPETITIVE SCENARIO
  • 10.9.1 PRODUCT LAUNCHES
  • 10.9.2 DEALS

11 COMPANY PROFILES

In-depth look at their Strengths, Weaknesses, Product Portfolios, Recent Developments, and Strategic Moves

• 11.1 KEY PLAYERS
  • 11.1.1 IBM
    • 11.1.1.1 Business overview
    • 11.1.1.2 Software/Services offered
    • 11.1.1.3 Recent developments
      • 11.1.1.3.1 Product launches
      • 11.1.1.3.2 Deals
    • 11.1.1.4 MnM view
      • 11.1.1.4.1 Right to win
      • 11.1.1.4.2 Strategic choices
      • 11.1.1.4.3 Weaknesses and competitive threats
  • 11.1.2 AWS
    • 11.1.2.1 Business overview
    • 11.1.2.2 Software/Services offered
    • 11.1.2.3 Recent developments
      • 11.1.2.3.1 Product launches
      • 11.1.2.3.2 Deals
    • 11.1.2.4 MnM view
      • 11.1.2.4.1 Right to win
      • 11.1.2.4.2 Strategic choices
      • 11.1.2.4.3 Weaknesses and competitive threats
  • 11.1.3 TCS
    • 11.1.3.1 Business overview
    • 11.1.3.2 Software/Services offered
    • 11.1.3.3 Recent developments
      • 11.1.3.3.1 Product launches
    • 11.1.3.4 MnM view
      • 11.1.3.4.1 Right to win
      • 11.1.3.4.2 Strategic choices
      • 11.1.3.4.3 Weaknesses and competitive threats
  • 11.1.4 CAPGEMINI
    • 11.1.4.1 Business overview
    • 11.1.4.2 Software/Services offered
    • 11.1.4.3 Recent developments
      • 11.1.4.3.1 Product launches
    • 11.1.4.4 MnM view
      • 11.1.4.4.1 Right to win
      • 11.1.4.4.2 Strategic choices
      • 11.1.4.4.3 Weaknesses and competitive threats
  • 11.1.5 HCLTECH
    • 11.1.5.1 Business overview
    • 11.1.5.2 Software/Services offered
    • 11.1.5.3 MnM view
      • 11.1.5.3.1 Right to win
      • 11.1.5.3.2 Strategic choices
      • 11.1.5.3.3 Weaknesses and competitive threats
  • 11.1.6 ATOS
    • 11.1.6.1 Business overview
    • 11.1.6.2 Software/Services offered
  • 11.1.7 MICRO FOCUS (OPENTEXT)
    • 11.1.7.1 Business overview
    • 11.1.7.2 Software/Services offered
    • 11.1.7.3 Recent developments
      • 11.1.7.3.1 Deals
  • 11.1.8 BMC SOFTWARE
    • 11.1.8.1 Business overview
    • 11.1.8.2 Software/Services offered
  • 11.1.9 INFOSYS
    • 11.1.9.1 Business overview
    • 11.1.9.2 Software/Services offered
  • 11.1.10 WIPRO
    • 11.1.10.1 Business overview
    • 11.1.10.2 Software/Services offered
  • 11.1.11 DXC TECHNOLOGY
  • 11.1.12 KYNDRYL
  • 11.1.13 ROCKET SOFTWARE
  • 11.1.14 FUJITSU
  • 11.1.15 COGNIZANT
  • 11.1.16 TECH MAHINDRA
  • 11.1.17 BROADCOM
  • 11.1.18 TMAXSOFT
• 11.2 STARTUPS/SMES
  • 11.2.1 PALMDIGITALZ
  • 11.2.2 TSRI
  • 11.2.3 MECHANICAL ORCHARD
  • 11.2.4 VIRTUALZ COMPUTING
  • 11.2.5 CLOUDFRAME
  • 11.2.6 HEIRLOOM COMPUTING

12 ADJACENT AND RELATED MARKETS

• 12.1 INTRODUCTION
• 12.2 APPLICATION MODERNIZATION SERVICES MARKET
  • 12.2.1 MARKET DEFINITION
• 12.3 CLOUD PROFESSIONAL SERVICES MARKET
  • 12.3.1 MARKET DEFINITION

13 APPENDIX

• 13.1 DISCUSSION GUIDE
• 13.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 13.3 CUSTOMIZATION OPTIONS
• 13.4 RELATED REPORTS
• 13.5 AUTHOR DETAILS