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)
圖表清單 List of Tables & Figures
TABLE 1 USD EXCHANGE RATES, 2020–2024 33
TABLE 2 ROLE OF KEY PLAYERS IN MAINFRAME MODERNIZATION MARKET ECOSYSTEM 54
TABLE 3 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 60
TABLE 4 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 61
TABLE 5 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 61
TABLE 6 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 62
TABLE 7 AVERAGE SELLING PRICE OF MAINFRAME MODERNIZATION SOFTWARE, BY KEY PLAYER, 2024 (USD/ HOUR) 65
TABLE 8 PRICING RANGE OF MAINFRAME MODERNIZATION SERVICES, BY END USER, 2024 65
TABLE 9 LIST OF KEY PATENTS, 2022-2025 69
TABLE 10 PORTER’S FIVE FORCES’ IMPACT ON MAINFRAME MODERNIZATION MARKET 70
TABLE 11 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END-USE VERTICALS 73
TABLE 12 KEY BUYING CRITERIA FOR END USE VERTICALS 74
TABLE 13 MAINFRAME MODERNIZATION MARKET: DETAILED LIST OF KEY CONFERENCES AND EVENTS, 2025–2026 75
TABLE 14 US-ADJUSTED RECIPROCAL TARIFF RATES 84
TABLE 15 EXPECTED CHANGE IN PRICES AND LIKELY IMPACT ON END-USE MARKET DUE TO TARIFF IMPACT 85
TABLE 16 MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 92
TABLE 17 MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 92
TABLE 18 SOFTWARE: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 93
TABLE 19 SOFTWARE: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 93
TABLE 20 MODERNIZATION SERVICES: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 95
TABLE 21 MODERNIZATION SERVICES: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 95
TABLE 22 MODERNIZATION SERVICES: MAINFRAME MODERNIZATION MARKET, BY SERVICES TYPE, 2019–2024 (USD MILLION) 96
TABLE 23 MODERNIZATION SERVICES: MAINFRAME MODERNIZATION MARKET, BY SERVICES TYPE, 2025–2030 (USD MILLION) 96
TABLE 24 MAINFRAME APPLICATION MODERNIZATION SERVICES: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 97
TABLE 25 MAINFRAME APPLICATION MODERNIZATION SERVICES: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 97
TABLE 26 MAINFRAME OPTIMIZATION SERVICES: MAINFRAME MODERNIZATION MARKET,
BY REGION, 2019–2024 (USD MILLION) 100
TABLE 27 MAINFRAME OPTIMIZATION SERVICES: MAINFRAME MODERNIZATION MARKET,
BY REGION, 2025–2030 (USD MILLION) 100
TABLE 28 MAINFRAME OPERATIONS: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 101
TABLE 29 MAINFRAME OPERATIONS: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 101
TABLE 30 MAINFRAME-AS-A-SERVICE: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 102
TABLE 31 MAINFRAME-AS-A-SERVICE: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 102
TABLE 32 MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 105
TABLE 33 MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 105
TABLE 34 LARGE ENTERPRISES: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 106
TABLE 35 LARGE ENTERPRISES: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 106
TABLE 36 SMES: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 107
TABLE 37 SMES: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 107
TABLE 38 MAINFRAME MODERNIZATION MARKET, BY VERTICAL, 2019–2024 (USD MILLION) 110
TABLE 39 MAINFRAME MODERNIZATION MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 111
TABLE 40 BFSI: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 112
TABLE 41 BFSI: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 112
TABLE 42 IT & ITES: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 113
TABLE 43 IT & ITES: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 113
TABLE 44 HEALTHCARE: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 114
TABLE 45 HEALTHCARE: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 114
TABLE 46 MEDIA & ENTERTAINMENT: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 115
TABLE 47 MEDIA & ENTERTAINMENT: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 115
TABLE 48 RETAIL & E-COMMERCE: MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 116
TABLE 49 RETAIL & E-COMMERCE: MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 116
TABLE 50 EDUCATION: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 117
TABLE 51 EDUCATION: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 117
TABLE 52 MANUFACTURING: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 118
TABLE 53 MANUFACTURING: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 118
TABLE 54 GOVERNMENT: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 119
TABLE 55 GOVERNMENT: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 119
TABLE 56 TELECOM: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 120
TABLE 57 TELECOM: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 120
TABLE 58 OTHER VERTICALS: MAINFRAME MODERNIZATION MARKET, BY REGION,
2019–2024 (USD MILLION) 121
TABLE 59 OTHER VERTICALS: MAINFRAME MODERNIZATION MARKET, BY REGION,
2025–2030 (USD MILLION) 121
TABLE 60 MAINFRAME MODERNIZATION MARKET, BY REGION, 2019–2024 (USD MILLION) 123
TABLE 61 MAINFRAME MODERNIZATION MARKET, BY REGION, 2025–2030 (USD MILLION) 123
TABLE 62 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 125
TABLE 63 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 126
TABLE 64 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 126
TABLE 65 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 126
TABLE 66 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2019–2024 (USD MILLION) 126
TABLE 67 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2025–2030 (USD MILLION) 127
TABLE 68 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 127
TABLE 69 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 128
TABLE 70 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2019–2024 (USD MILLION) 128
TABLE 71 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 128
TABLE 72 US: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 129
TABLE 73 US: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 129
TABLE 74 US: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE,
2019–2024 (USD MILLION) 130
TABLE 75 US: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE,
2025–2030 (USD MILLION) 130
TABLE 76 US: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 130
TABLE 77 US: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 130
TABLE 78 US: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 131
TABLE 79 US: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 131
TABLE 80 CANADA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 132
TABLE 81 CANADA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 132
TABLE 82 CANADA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 132
TABLE 83 CANADA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 133
TABLE 84 CANADA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 133
TABLE 85 CANADA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 133
TABLE 86 CANADA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 134
TABLE 87 CANADA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 134
TABLE 88 EUROPE: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 136
TABLE 89 EUROPE: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 136
TABLE 90 EUROPE: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 136
TABLE 91 EUROPE: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 136
TABLE 92 EUROPE: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 137
TABLE 93 EUROPE: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 137
TABLE 94 EUROPE: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 137
TABLE 95 EUROPE: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 138
TABLE 96 EUROPE: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2019–2024 (USD MILLION) 138
TABLE 97 EUROPE: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 139
TABLE 98 GERMANY: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 139
TABLE 99 GERMANY: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 140
TABLE 100 GERMANY: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 140
TABLE 101 GERMANY: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 140
TABLE 102 GERMANY: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2019–2024 (USD MILLION) 140
TABLE 103 GERMANY: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2025–2030 (USD MILLION) 141
TABLE 104 GERMANY: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 141
TABLE 105 GERMANY: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 141
TABLE 106 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 145
TABLE 107 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 146
TABLE 108 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 146
TABLE 109 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 146
TABLE 110 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2019–2024 (USD MILLION) 146
TABLE 111 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2025–2030 (USD MILLION) 147
TABLE 112 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 147
TABLE 113 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 147
TABLE 114 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2019–2024 (USD MILLION) 148
TABLE 115 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 148
TABLE 116 CHINA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 149
TABLE 117 CHINA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 149
TABLE 118 CHINA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 150
TABLE 119 CHINA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 150
TABLE 120 CHINA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 150
TABLE 121 CHINA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 150
TABLE 122 CHINA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 151
TABLE 123 CHINA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 151
TABLE 124 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET, BY OFFERING, 2019–2024 (USD MILLION) 154
TABLE 125 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET, BY OFFERING, 2025–2030 (USD MILLION) 155
TABLE 126 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET,
BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 155
TABLE 127 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET,
BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 155
TABLE 128 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET,
BY ORGANIZATION SIZE, 2019–2024 (USD MILLION) 155
TABLE 129 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET,
BY ORGANIZATION SIZE, 2025–2030 (USD MILLION) 156
TABLE 130 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL, 2019–2024 (USD MILLION) 156
TABLE 131 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL, 2025–2030 (USD MILLION) 156
TABLE 132 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET, BY COUNTRY, 2019–2024 (USD MILLION) 157
TABLE 133 MIDDLE EAST & AFRICA: MAINFRAME MODERNIZATION MARKET, BY COUNTRY, 2025–2030 (USD MILLION) 157
TABLE 134 KSA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 158
TABLE 135 KSA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 158
TABLE 136 KSA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 158
TABLE 137 KSA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 159
TABLE 138 KSA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 159
TABLE 139 KSA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 159
TABLE 140 KSA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 160
TABLE 141 KSA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 160
TABLE 142 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 162
TABLE 143 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 163
TABLE 144 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 163
TABLE 145 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 163
TABLE 146 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2019–2024 (USD MILLION) 163
TABLE 147 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE, 2025–2030 (USD MILLION) 164
TABLE 148 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 164
TABLE 149 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 165
TABLE 150 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2019–2024 (USD MILLION) 165
TABLE 151 LATIN AMERICA: MAINFRAME MODERNIZATION MARKET, BY COUNTRY,
2025–2030 (USD MILLION) 165
TABLE 152 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2019–2024 (USD MILLION) 166
TABLE 153 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY OFFERING,
2025–2030 (USD MILLION) 166
TABLE 154 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2019–2024 (USD MILLION) 167
TABLE 155 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY MODERNIZATION SERVICE, 2025–2030 (USD MILLION) 167
TABLE 156 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2019–2024 (USD MILLION) 167
TABLE 157 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY ORGANIZATION SIZE,
2025–2030 (USD MILLION) 167
TABLE 158 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2019–2024 (USD MILLION) 168
TABLE 159 BRAZIL: MAINFRAME MODERNIZATION MARKET, BY VERTICAL,
2025–2030 (USD MILLION) 168
TABLE 160 OVERVIEW OF STRATEGIES DEPLOYED BY KEY MAINFRAME MODERNIZATION MARKET PLAYERS JANUARY 2023–JULY 2025 170
TABLE 161 MAINFRAME MODERNIZATION MARKET: DEGREE OF COMPETITION 172
TABLE 162 MAINFRAME MODERNIZATION MARKET: REGION FOOTPRINT 180
TABLE 163 MAINFRAME MODERNIZATION MARKET: OFFERING FOOTPRINT 181
TABLE 164 MAINFRAME MODERNIZATION MARKET: ORGANIZATION SIZE FOOTPRINT 182
TABLE 165 MAINFRAME MODERNIZATION MARKET: VERTICAL FOOTPRINT 183
TABLE 166 MAINFRAME MODERNIZATION MARKET: LIST OF KEY STARTUPS/SMES 186
TABLE 167 MAINFRAME MODERNIZATION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 186
TABLE 168 MAINFRAME MODERNIZATION MARKET: PRODUCT LAUNCHES,
JANUARY 2023–JULY 2025 187
TABLE 169 MAINFRAME MODERNIZATION MARKET: DEALS, JANUARY 2023–JULY 2025 187
TABLE 170 IBM: COMPANY OVERVIEW 188
TABLE 171 IBM: SOFTWARE/SERVICES OFFERED 189
TABLE 172 IBM: PRODUCT LAUNCHES 190
TABLE 173 IBM: DEALS 191
TABLE 174 AWS: COMPANY OVERVIEW 192
TABLE 175 AWS: SOFTWARE/SERVICES OFFERED 193
TABLE 176 AWS: PRODUCT LAUNCHES 194
TABLE 177 AWS: DEALS 194
TABLE 178 TCS: COMPANY OVERVIEW 196
TABLE 179 TCS: SOFTWARE/SERVICES OFFERED 197
TABLE 180 TCS: PRODUCT LAUNCHES 198
TABLE 181 CAPGEMINI: COMPANY OVERVIEW 199
TABLE 182 CAPGEMINI: SOFTWARE/SERVICES OFFERED 200
TABLE 183 CAPGEMINI: PRODUCT LAUNCHES 201
TABLE 184 HCLTECH: COMPANY OVERVIEW 202
TABLE 185 HCLTECH: SOFTWARE/SERVICES OFFERED 203
TABLE 186 ATOS: COMPANY OVERVIEW 205
TABLE 187 ATOS: SOFTWARE/SERVICES OFFERED 206
TABLE 188 MICRO FOCUS: COMPANY OVERVIEW 207
TABLE 189 MICRO FOCUS: SOFTWARE/SERVICES OFFERED 207
TABLE 190 MICRO FOCUS: DEALS 208
TABLE 191 BMC SOFTWARE: COMPANY OVERVIEW 209
TABLE 192 BMC SOFTWARE: SOFTWARE/SERVICES OFFERED 209
TABLE 193 INFOSYS: COMPANY OVERVIEW 210
TABLE 194 INFOSYS: SOFTWARE/SERVICES OFFERED 211
TABLE 195 WIPRO: COMPANY OVERVIEW 212
TABLE 196 WIPRO: SOFTWARE/SERVICES OFFERED 213
TABLE 197 APPLICATION MODERNIZATION SERVICES MARKET, BY SERVICE TYPE,
2018–2023 (USD MILLION) 228
TABLE 198 APPLICATION MODERNIZATION SERVICES MARKET, BY SERVICE TYPE,
2024–2029 (USD MILLION) 229
TABLE 199 APPLICATION PORTFOLIO ASSESSMENT SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 229
TABLE 200 APPLICATION PORTFOLIO ASSESSMENT SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 229
TABLE 201 CLOUD APPLICATION MIGRATION SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 230
TABLE 202 CLOUD APPLICATION MIGRATION SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 230
TABLE 203 APPLICATION REPLATFORMING SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 230
TABLE 204 APPLICATION REPLATFORMING SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 231
TABLE 205 APPLICATION INTEGRATION SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 231
TABLE 206 APPLICATION INTEGRATION SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 231
TABLE 207 UI/UX MODERNIZATION SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 232
TABLE 208 UI/UX MODERNIZATION SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 232
TABLE 209 POST-MODERNIZATION SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 232
TABLE 210 POST-MODERNIZATION SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 233
TABLE 211 APPLICATION MODERNIZATION SERVICES MARKET, BY APPLICATION TYPE,
2018–2023 (USD MILLION) 233
TABLE 212 APPLICATION MODERNIZATION SERVICES MARKET, BY APPLICATION TYPE,
2024–2029 (USD MILLION) 233
TABLE 213 LEGACY APPLICATION MODERNIZATION SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 234
TABLE 214 LEGACY APPLICATION MODERNIZATION SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 234
TABLE 215 CLOUD-HOSTED APPLICATION MODERNIZATION SERVICES MARKET, BY REGION, 2018–2023 (USD MILLION) 234
TABLE 216 CLOUD-HOSTED APPLICATION MODERNIZATION SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 235
TABLE 217 CLOUD-NATIVE APPLICATION MODERNIZATION SERVICES MARKET, BY REGION, 2018–2023 (USD MILLION) 235
TABLE 218 CLOUD-NATIVE APPLICATION MODERNIZATION SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 235
TABLE 219 APPLICATION MODERNIZATION SERVICES MARKET, BY VERTICAL,
2018–2023 (USD MILLION) 236
TABLE 220 APPLICATION MODERNIZATION SERVICES MARKET, BY VERTICAL,
2024–2029 (USD MILLION) 236
TABLE 221 APPLICATION MODERNIZATION SERVICES MARKET IN BFSI, BY REGION,
2018–2023 (USD MILLION) 237
TABLE 222 APPLICATION MODERNIZATION SERVICES MARKET IN BFSI, BY REGION,
2024–2029 (USD MILLION) 237
TABLE 223 APPLICATION MODERNIZATION SERVICES MARKET IN IT & ITES, BY REGION, 2018–2023 (USD MILLION) 237
TABLE 224 APPLICATION MODERNIZATION SERVICES MARKET IN IT & ITES, BY REGION, 2024–2029 (USD MILLION) 238
TABLE 225 APPLICATION MODERNIZATION SERVICES MARKET IN HEALTHCARE & LIFE SCIENCES, BY REGION, 2018–2023 (USD MILLION) 238
TABLE 226 APPLICATION MODERNIZATION SERVICES MARKET IN HEALTHCARE & LIFE SCIENCES, BY REGION, 2024–2029 (USD MILLION) 238
TABLE 227 APPLICATION MODERNIZATION SERVICES MARKET IN MANUFACTURING,
BY REGION, 2018–2023 (USD MILLION) 239
TABLE 228 APPLICATION MODERNIZATION SERVICES MARKET IN MANUFACTURING,
BY REGION, 2024–2029 (USD MILLION) 239
TABLE 229 APPLICATION MODERNIZATION SERVICES MARKET IN TELECOM, BY REGION, 2018–2023 (USD MILLION) 239
TABLE 230 APPLICATION MODERNIZATION SERVICES MARKET IN TELECOM, BY REGION, 2024–2029 (USD MILLION) 240
TABLE 231 TRANSPORTATION & LOGISTICS: APPLICATION MODERNIZATION SERVICES MARKET, BY REGION, 2018–2023 (USD MILLION) 240
TABLE 232 TRANSPORTATION & LOGISTICS: APPLICATION MODERNIZATION SERVICES MARKET, BY REGION, 2024–2029 (USD MILLION) 240
TABLE 233 APPLICATION MODERNIZATION SERVICES MARKET IN MEDIA & ENTERTAINMENT, BY REGION, 2018–2023 (USD MILLION) 241
TABLE 234 APPLICATION MODERNIZATION SERVICES MARKET IN MEDIA & ENTERTAINMENT, BY REGION, 2024–2029 (USD MILLION) 241
TABLE 235 APPLICATION MODERNIZATION SERVICES MARKET IN RETAIL & E-COMMERCE,
BY REGION, 2018–2023 (USD MILLION) 241
TABLE 236 APPLICATION MODERNIZATION SERVICES MARKET IN RETAIL & E-COMMERCE,
BY REGION, 2024–2029 (USD MILLION) 242
TABLE 237 APPLICATION MODERNIZATION SERVICES MARKET IN GOVERNMENT, BY REGION, 2018–2023 (USD MILLION) 242
TABLE 238 APPLICATION MODERNIZATION SERVICES MARKET IN GOVERNMENT, BY REGION, 2024–2029 (USD MILLION) 242
TABLE 239 APPLICATION MODERNIZATION SERVICES MARKET IN OTHER VERTICALS,
BY REGION, 2018–2023 (USD MILLION) 243
TABLE 240 APPLICATION MODERNIZATION SERVICES MARKET IN OTHER VERTICALS,
BY REGION, 2024–2029 (USD MILLION) 243
TABLE 241 APPLICATION MODERNIZATION SERVICES MARKET, BY REGION,
2018–2023 (USD MILLION) 243
TABLE 242 APPLICATION MODERNIZATION SERVICES MARKET, BY REGION,
2024–2029 (USD MILLION) 244
TABLE 243 CLOUD PROFESSIONAL SERVICES MARKET, BY SERVICE TYPE,
2019–2022 (USD MILLION) 244
TABLE 244 CLOUD PROFESSIONAL SERVICES MARKET, BY SERVICE TYPE,
2023–2028 (USD MILLION) 244
TABLE 245 CLOUD PROFESSIONAL CONSULTING SERVICES MARKET, BY REGION,
2019–2022 (USD MILLION) 245
TABLE 246 CLOUD PROFESSIONAL CONSULTING SERVICES MARKET, BY REGION,
2023–2028 (USD MILLION) 245
TABLE 247 CLOUD PROFESSIONAL INTEGRATION & OPTIMIZATION SERVICES MARKET,
BY REGION, 2019–2022 (USD MILLION) 245
TABLE 248 CLOUD PROFESSIONAL INTEGRATION & OPTIMIZATION SERVICES MARKET,
BY REGION, 2023–2028 (USD MILLION) 246
TABLE 249 CLOUD PROFESSIONAL IMPLEMENTATION & MIGRATION SERVICES MARKET,
BY REGION, 2019–2022 (USD MILLION) 246
TABLE 250 CLOUD PROFESSIONAL IMPLEMENTATION & MIGRATION SERVICES MARKET,
BY REGION, 2023–2028 (USD MILLION) 246
TABLE 251 CLOUD PROFESSIONAL APPLICATION DEVELOPMENT & MODERNIZATION SERVICES MARKET, BY REGION, 2019–2022 (USD MILLION) 247
TABLE 252 CLOUD PROFESSIONAL APPLICATION DEVELOPMENT & MODERNIZATION SERVICES MARKET, BY REGION, 2023–2028 (USD MILLION) 247
TABLE 253 CLOUD PROFESSIONAL SERVICES MARKET, BY SERVICE MODEL,
2019–2022 (USD MILLION) 247
TABLE 254 CLOUD PROFESSIONAL SERVICES MARKET, BY SERVICE MODEL,
2023–2028 (USD MILLION) 248
TABLE 255 INFRASTRUCTURE-AS-A-SERVICE MARKET, BY REGION, 2019–2022 (USD MILLION) 248
TABLE 256 INFRASTRUCTURE-AS-A-SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION) 248
TABLE 257 PLATFORM-AS-A-SERVICE MARKET, BY REGION, 2019–2022 (USD MILLION) 249
TABLE 258 PLATFORM-AS-A-SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION) 249
TABLE 259 SOFTWARE-AS-A-SERVICE MARKET, BY REGION, 2019–2022 (USD MILLION) 249
TABLE 260 SOFTWARE-AS-A-SERVICE MARKET, BY REGION, 2023–2028 (USD MILLION) 250
TABLE 261 CLOUD PROFESSIONAL SERVICES MARKET, BY DEPLOYMENT MODEL,
2019–2022 (USD MILLION) 250
TABLE 262 CLOUD PROFESSIONAL SERVICES MARKET, BY DEPLOYMENT MODEL,
2023–2028 (USD MILLION) 250
TABLE 263 PUBLIC CLOUD PROFESSIONAL SERVICES MARKET, BY REGION,
2019–2022 (USD MILLION) 251
TABLE 264 PUBLIC CLOUD PROFESSIONAL SERVICES MARKET, BY REGION,
2023–2028 (USD MILLION) 251
TABLE 265 PRIVATE CLOUD PROFESSIONAL SERVICES MARKET, BY REGION,
2019–2022 (USD MILLION) 251
TABLE 266 PRIVATE CLOUD PROFESSIONAL SERVICES MARKET, BY REGION,
2023–2028 (USD MILLION) 252
TABLE 267 CLOUD PROFESSIONAL SERVICES MARKET, BY ORGANIZATION SIZE,
2019–2022 (USD MILLION) 252
TABLE 268 CLOUD PROFESSIONAL SERVICES MARKET, BY ORGANIZATION SIZE,
2023–2028 (USD MILLION) 252
TABLE 269 LARGE ENTERPRISES MARKET, BY REGION, 2019–2022 (USD MILLION) 253
TABLE 270 LARGE ENTERPRISES MARKET, BY REGION, 2023–2028 (USD MILLION) 253
TABLE 271 SMALL & MEDIUM-SIZED ENTERPRISES MARKET, BY REGION,
2019–2022 (USD MILLION) 253
TABLE 272 SMALL & MEDIUM-SIZED ENTERPRISES MARKET, BY REGION,
2023–2028 (USD MILLION) 254
TABLE 273 CLOUD PROFESSIONAL SERVICES MARKET, BY VERTICAL,
2019–2022 (USD MILLION) 254
TABLE 274 CLOUD PROFESSIONAL SERVICES MARKET, BY VERTICAL,
2023–2028 (USD MILLION) 255
TABLE 275 BFSI VERTICAL MARKET, BY REGION, 2019–2022 (USD MILLION) 255
TABLE 276 BFSI VERTICAL MARKET, BY REGION, 2023–2028 (USD MILLION) 255
TABLE 277 RETAIL & CONSUMER GOODS VERTICAL MARKET, BY REGION,
2019–2022 (USD MILLION) 256
TABLE 278 RETAIL & CONSUMER GOODS VERTICAL MARKET, BY REGION,
2023–2028 (USD MILLION) 256
TABLE 279 IT & ITES VERTICAL MARKET, BY REGION, 2019–2022 (USD MILLION) 256
TABLE 280 IT & ITES VERTICAL MARKET, BY REGION, 2023–2028 (USD MILLION) 257
TABLE 281 TELECOMMUNICATIONS VERTICAL MARKET, BY REGION,
2019–2022 (USD MILLION) 257
TABLE 282 TELECOMMUNICATIONS VERTICAL MARKET, BY REGION,
2023–2028 (USD MILLION) 257
TABLE 283 HEALTHCARE & LIFE SCIENCES VERTICAL MARKET, BY REGION,
2019–2022 (USD MILLION) 258
TABLE 284 HEALTHCARE & LIFE SCIENCES VERTICAL MARKET, BY REGION,
2023–2028 (USD MILLION) 258
TABLE 285 MANUFACTURING VERTICAL MARKET, BY REGION, 2019–2022 (USD MILLION) 258
TABLE 286 MANUFACTURING VERTICAL MARKET, BY REGION, 2023–2028 (USD MILLION) 259
TABLE 287 ENERGY & UTILITIES VERTICAL MARKET, BY REGION, 2019–2022 (USD MILLION) 259
TABLE 288 ENERGY & UTILITIES VERTICAL MARKET, BY REGION, 2023–2028 (USD MILLION) 259
TABLE 289 GOVERNMENT & DEFENSE VERTICAL MARKET, BY REGION,
2019–2022 (USD MILLION) 260
TABLE 290 GOVERNMENT & DEFENSE VERTICAL MARKET, BY REGION,
2023–2028 (USD MILLION) 260
TABLE 291 OTHER VERTICALS MARKET, BY REGION, 2019–2022 (USD MILLION) 260
TABLE 292 OTHER VERTICALS MARKET, BY REGION, 2023–2028 (USD MILLION) 261
TABLE 293 CLOUD PROFESSIONAL SERVICES MARKET, BY REGION,
2019–2022 (USD MILLION) 261
TABLE 294 CLOUD PROFESSIONAL SERVICES MARKET, BY REGION,
2023–2028 (USD MILLION) 261
FIGURE 1 MAINFRAME MODERNIZATION MARKET: RESEARCH DESIGN 34
FIGURE 2 BREAKDOWN OF PRIMARY INTERVIEWS, BY COMPANY TYPE, DESIGNATION, AND REGION 36
FIGURE 3 MAINFRAME MODERNIZATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 37
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 1 (SUPPLY SIDE): REVENUE OF VENDORS IN MAINFRAME MODERNIZATION MARKET 38
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 2 (DEMAND SIDE): MAINFRAME MODERNIZATION MARKET 39
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: DEMAND-SIDE ANALYSIS 39
FIGURE 7 MAINFRAME MODERNIZATION MARKET: DATA TRIANGULATION 40
FIGURE 8 MAINFRAME MODERNIZATION MARKET, 2023–2030 (USD MILLION) 43
FIGURE 9 MAINFRAME MODERNIZATION MARKET, BY REGION (2025) 44
FIGURE 10 INCREASING ADOPTION OF AI-DRIVEN AUTOMATION TO DRIVE MAINFRAME MODERNIZATION MARKET 45
FIGURE 11 MODERNIZATION SERVICE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 45
FIGURE 12 MAINFRAME APPLICATION MODERNIZATION SERVICES SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 46
FIGURE 13 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD 46
FIGURE 14 BFSI SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD 47
FIGURE 15 MODERNIZATION SERVICE AND BFSI SEGMENTS TO ACCOUNT FOR LARGEST MARKET SHARES IN NORTH AMERICA IN 2025 47
FIGURE 16 MAINFRAME MODERNIZATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
FIGURE 17 EVOLUTION: MAINFRAME MODERNIZATION SOFTWARE AND SERVICES 53
FIGURE 18 MAINFRAME MODERNIZATION MARKET ECOSYSTEM MARKET MAP: KEY PLAYERS 55
FIGURE 19 MAINFRAME MODERNIZATION MARKET: SUPPLY CHAIN ANALYSIS 58
FIGURE 20 AVERAGE SELLING PRICE OF MAINFRAME MODERNIZATION SOFTWARE, BY KEY PLAYER, 2024, (USD/ HOUR) 64
FIGURE 21 LIST OF KEY PATENTS FOR MAINFRAME MODERNIZATION, 2013–2024 68
FIGURE 22 MAINFRAME MODERNIZATION MARKET: PORTER’S FIVE FORCES ANALYSIS 70
FIGURE 23 MAINFRAME MODERNIZATION MARKET: DISRUPTIONS IMPACTING CUSTOMER BUSINESS 72
FIGURE 24 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USE VERTICALS 73
FIGURE 25 KEY BUYING CRITERIA FOR END-USE VERTICALS 74
FIGURE 26 MAINFRAME MODERNIZATION MARKET: INVESTMENT AND FUNDING SCENARIO, 2021–2025 (USD MILLION) 78
FIGURE 27 MARKET POTENTIAL OF GEN AI IN ENHANCING MAINFRAME MODERNIZATION ACROSS VARIOUS TYPES OF SOLUTIONS 79
FIGURE 28 GEN AI BEST PRACTICES ACROSS MAJOR INDUSTRIES 82
FIGURE 29 SOFTWARE SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 91
FIGURE 30 MAINFRAME OPTIMIZATION SERVICES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 95
FIGURE 31 SMES TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 104
FIGURE 32 TELECOM SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 109
FIGURE 33 NORTH AMERICA: MAINFRAME MODERNIZATION MARKET SNAPSHOT 125
FIGURE 34 ASIA PACIFIC: MAINFRAME MODERNIZATION MARKET SNAPSHOT 145
FIGURE 35 SHARES OF LEADING COMPANIES IN MAINFRAME MODERNIZATION
MARKET, 2024 171
FIGURE 36 MAINFRAME MODERNIZATION MARKET: RANKING ANALYSIS OF TOP FIVE PLAYERS 172
FIGURE 37 REVENUE ANALYSIS OF KEY PLAYERS IN MAINFRAME MODERNIZATION MARKET, 2020–2024 (USD MILLION) 174
FIGURE 38 MAINFRAME MODERNIZATION MARKET: BRAND/PRODUCT COMPARISON 175
FIGURE 39 COMPANY VALUATION: 2025 176
FIGURE 40 FINANCIAL METRICS OF KEY VENDORS: 2025 176
FIGURE 41 MAINFRAME MODERNIZATION MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 178
FIGURE 42 MAINFRAME MODERNIZATION MARKET: COMPANY FOOTPRINT 179
FIGURE 43 MAINFRAME MODERNIZATION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 185
FIGURE 44 IBM: COMPANY SNAPSHOT 189
FIGURE 45 AWS: COMPANY SNAPSHOT 193
FIGURE 46 TCS: COMPANY SNAPSHOT 197
FIGURE 47 CAPGEMINI: COMPANY SNAPSHOT 200
FIGURE 48 HCLTECH: COMPANY SNAPSHOT 203
FIGURE 49 ATOS: COMPANY SNAPSHOT 206
FIGURE 50 INFOSYS: COMPANY SNAPSHOT 211
FIGURE 51 WIPRO: COMPANY SNAPSHOT 213