Global Mainframe Market By Market Share
The North America, Europe, Asia Pacific, Latin America, and Middle East & Africa regions make up the global mainframe market. North America controlled the majority of the mainframe market share in terms of revenue in 2017 due to the substantial demand for mainframe solutions across a number of industry verticals, including banking, insurance, government agencies, and other Fortune 500 companies in the region. However, due to factors like the rise in IT investment among governmental and financial institutions in developing economies like China, Japan, India, Singapore, and South Korea, Asia-Pacific is predicted to grow at the fastest rate during the mainframe market forecast period. Furthermore, it has been believed that the market presents an opportunity for the established telecommunications industry.