Europe Mainframe Modernization Market Size, Share & Industry Analysis Report By Organization Size, By Component Type, By Vertical, By Country and Growth Forecast, 2025

List of Tables

The Europe Mainframe Modernization Market would witness market growth of 8.9% CAGR during the forecast period (2025-2032).

The Germany market dominated the Europe Mainframe Modernization Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $801.1 million by 2032. The UK market is exhibiting a CAGR of 7.8% during (2025 - 2032). Additionally, The France market would experience a CAGR of 9.7% during (2025 - 2032). The Germany and UK led the Europe Mainframe Modernization Market by Country with a market share of 19.8% and 16.9% in 2024. The Spain market is expected to witness a CAGR of 9.5% during throughout the forecast period.

For decades, Europe's biggest companies, especially in banking, insurance, government, and telecommunications, have used mainframes to run mission-critical operations because they are so stable, secure, and reliable. Over time, the need for modernization grew as digital transformation, cloud adoption, AI integration, and open-data initiatives sped up. By the middle of the 2010s, these changes had become strategic and business-driven, moving away from the early cost-focused rehosting efforts of the 2000s. Hybrid and multi-cloud environments, modular modernization frameworks, and regulatory compliance under GDPR, DORA, and the European Cybersecurity Act now define the market, ensuring that legacy systems coexist seamlessly with AI-enabled analytics, open banking, and citizen-centric services.

The latest trends in European modernization focus on using hybrid strategies, AI-driven automation, and sector-specific projects that are in line with regulatory and sustainability goals. Companies use APIs, containerization, and tools from IBM, Micro Focus, and others to connect old mainframes to cloud platforms. AI-assisted code conversion helps fill in skill gaps in the workforce and speeds up project timelines. IBM, Capgemini, Atos, and Sopra Steria are some of the biggest OEMs and integrators that use phased, risk-balanced modernization strategies. They often work with hyperscalers like Microsoft Azure, AWS, and Google Cloud. Regulatory knowledge, automation ability, and ecosystem collaboration are now what drive competition. Niche players and startups are bringing specialized solutions to the market, making the European mainframe modernization market a mature, innovation-driven, and compliance-focused place.

Organization Size Outlook

Based on Organization Size, the market is segmented into Large Enterprises and SMEs. With a compound annual growth rate (CAGR) of 7.6% over the projection period, the Large Enterprises Market, dominate the UK Mainframe Modernization Market by Organization Size in 2024 and would be a prominent market until 2032. The SMEs market is expected to witness a CAGR of 8.1% during (2025 - 2032).

Component Type Outlook

Based on Component Type, the market is segmented into Services and Software. The Services market segment dominated the Germany Mainframe Modernization Market by Component Type is expected to grow at a CAGR of 7 % during the forecast period thereby continuing its dominance until 2032. Also, The Software market is anticipated to grow as a CAGR of 7.6 % during the forecast period during (2025 - 2032).

Country Outlook

Large industrial companies, banks, and public sector organizations that want to change, not get rid of, their legacy systems that support mission-critical workloads are driving Germany's mainframe modernization market. A large installed base of mainframes, a lack of skilled workers, regulatory and compliance pressures, and the Mittelstand's need for digitalization are all important factors that support a practical, step-by-step approach to modernization. Trends stress "modernize around" strategies, which means keeping core functions while updating interfaces, using APIs, integrating hybrid clouds, automating processes, and using AI to help with code modernization. There is competition in the market from global IT services companies like Capgemini, DXC Technology, and Infosys, as well as from local companies like T-Systems. German customers prefer vendors with a strong local presence, knowledge of regulations, and proven modernization frameworks. Niche consultancies meet specific needs for automation and mainframe preservation.

List of Key Companies Profiled

IBM Corporation
Accenture PLC
HCL Technologies Ltd. (HCL Enterprises)
Amazon Web Services, Inc. (Amazon.com, Inc.)
Tata Consultancy Services Ltd.
Capgemini SE
Infosys Limited
DXC Technology Company
Wipro Limited
Open Text Corporation

Europe Mainframe Modernization Market Report Segmentation

By Organization Size

Large Enterprises
SMEs

By Component Type

Services
Software

By Vertical

BFSI
IT & ITeS
Healthcare
Retail
Manufacturing
Media & Entertainment
Education
Other Vertical

By Country

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Europe Mainframe Modernization Market, Organization Size
- 1.4.2 Europe Mainframe Modernization Market, by Component Type
- 1.4.3 Europe Mainframe Modernization Market, by Vertical
- 1.4.4 Europe Mainframe Modernization Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Market Trends - Europe Mainframe Modernization Market

Chapter 5. State of Competition - Europe Mainframe Modernization Market

Chapter 6. Value Chain Analysis of Mainframe Modernization Market

Chapter 7. Product Life Cycle - Mainframe Modernization Market

Chapter 8. Market Consolidation - Mainframe Modernization Market

Chapter 9. Key Customer Criteria - Mainframe Modernization Market

Chapter 10. Competition Analysis - Global

10.1 KBV Cardinal Matrix
10.2 Recent Industry Wide Strategic Developments
- 10.2.1 Partnerships, Collaborations and Agreements
- 10.2.2 Product Launches and Product Expansions
- 10.2.3 Acquisition and Mergers
10.3 Market Share Analysis, 2024
10.4 Top Winning Strategies
- 10.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
- 10.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Nov - 2025, Oct) Leading Players
10.5 Porter Five Forces Analysis

Chapter 11. Europe Mainframe Modernization Market by Organization Size

11.1 Europe Large Enterprises Market by Country
11.2 Europe SMEs Market by Country

Chapter 12. Europe Mainframe Modernization Market by Component Type

12.1 Europe Services Market by Country
12.2 Europe Software Market by Country

Chapter 13. Europe Mainframe Modernization Market by Vertical

13.1 Europe BFSI Market by Country
13.2 Europe IT & ITeS Market by Country
13.3 Europe Healthcare Market by Country
13.4 Europe Retail Market by Country
13.5 Europe Manufacturing Market by Country
13.6 Europe Media & Entertainment Market by Country
13.7 Europe Education Market by Country
13.8 Europe Other Vertical Market by Country

Chapter 14. Europe Mainframe Modernization Market by Country

14.1 Germany Mainframe Modernization Market
- 14.1.1 Germany Mainframe Modernization Market by Organization Size
- 14.1.2 Germany Mainframe Modernization Market by Component Type
- 14.1.3 Germany Mainframe Modernization Market by Vertical
14.2 UK Mainframe Modernization Market
- 14.2.1 UK Mainframe Modernization Market by Organization Size
- 14.2.2 UK Mainframe Modernization Market by Component Type
- 14.2.3 UK Mainframe Modernization Market by Vertical
14.3 France Mainframe Modernization Market
- 14.3.1 France Mainframe Modernization Market by Organization Size
- 14.3.2 France Mainframe Modernization Market by Component Type
- 14.3.3 France Mainframe Modernization Market by Vertical
14.4 Russia Mainframe Modernization Market
- 14.4.1 Russia Mainframe Modernization Market by Organization Size
- 14.4.2 Russia Mainframe Modernization Market by Component Type
- 14.4.3 Russia Mainframe Modernization Market by Vertical
14.5 Spain Mainframe Modernization Market
- 14.5.1 Spain Mainframe Modernization Market by Organization Size
- 14.5.2 Spain Mainframe Modernization Market by Component Type
- 14.5.3 Spain Mainframe Modernization Market by Vertical
14.6 Italy Mainframe Modernization Market
- 14.6.1 Italy Mainframe Modernization Market by Organization Size
- 14.6.2 Italy Mainframe Modernization Market by Component Type
- 14.6.3 Italy Mainframe Modernization Market by Vertical
14.7 Rest of Europe Mainframe Modernization Market
- 14.7.1 Rest of Europe Mainframe Modernization Market by Organization Size
- 14.7.2 Rest of Europe Mainframe Modernization Market by Component Type
- 14.7.3 Rest of Europe Mainframe Modernization Market by Vertical

Chapter 15. Company Profiles

15.1 IBM Corporation
- 15.1.1 Company Overview
- 15.1.2 Financial Analysis
- 15.1.3 Regional & Segmental Analysis
- 15.1.4 Research & Development Expenses
- 15.1.5 Recent strategies and developments:
  - 15.1.5.1 Partnerships, Collaborations, and Agreements:
  - 15.1.5.2 Product Launches and Product Expansions:
  - 15.1.5.3 Acquisition and Mergers:
- 15.1.6 SWOT Analysis
15.2 Accenture PLC
- 15.2.1 Company Overview
- 15.2.2 Financial Analysis
- 15.2.3 Segmental Analysis
- 15.2.4 Recent strategies and developments:
  - 15.2.4.1 Partnerships, Collaborations, and Agreements:
  - 15.2.4.2 Acquisition and Mergers:
- 15.2.5 SWOT Analysis
15.3 HCL Technologies Ltd. (HCL Enterprises)
- 15.3.1 Company Overview
- 15.3.2 Financial Analysis
- 15.3.3 Segmental and Regional Analysis
- 15.3.4 Research & Development Expenses
- 15.3.5 Recent strategies and developments:
  - 15.3.5.1 Partnerships, Collaborations, and Agreements:
  - 15.3.5.2 Product Launches and Product Expansions:
- 15.3.6 SWOT Analysis
15.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 15.4.1 Company Overview
- 15.4.2 Financial Analysis
- 15.4.3 Segmental and Regional Analysis
- 15.4.4 Recent strategies and developments:
  - 15.4.4.1 Product Launches and Product Expansions:
- 15.4.5 SWOT Analysis
- 15.5.1 Company Overview
- 15.5.2 Financial Analysis
- 15.5.3 Segmental and Regional Analysis
- 15.5.4 Research & Development Expenses
- 15.5.5 Recent strategies and developments:
  - 15.5.5.1 Product Launches and Product Expansions:
- 15.5.6 SWOT Analysis
15.6 Capgemini SE
- 15.6.1 Company Overview
- 15.6.2 Financial Analysis
- 15.6.3 Regional Analysis
- 15.6.4 Recent strategies and developments:
  - 15.6.4.1 Partnerships, Collaborations, and Agreements:
- 15.6.5 SWOT Analysis
15.7 Infosys Limited
- 15.7.1 Company Overview
- 15.7.2 Financial Analysis
- 15.7.3 Segmental and Regional Analysis
- 15.7.4 Research & Development Expense
- 15.7.5 Recent strategies and developments:
  - 15.7.5.1 Product Launches and Product Expansions:
- 15.7.6 SWOT Analysis
15.8 DXC Technology Company
- 15.8.1 Company Overview
- 15.8.2 Financial Analysis
- 15.8.3 Segmental and Regional Analysis
- 15.8.4 Recent strategies and developments:
  - 15.8.4.1 Partnerships, Collaborations, and Agreements:
  - 15.8.4.2 Product Launches and Product Expansions:
- 15.8.5 SWOT Analysis
15.9 Wipro Limited
- 15.9.1 Company Overview
- 15.9.2 Financial Analysis
- 15.9.3 Segmental and Regional Analysis
- 15.9.4 Research & Development Expenses
- 15.9.5 Recent strategies and developments:
  - 15.9.5.1 Partnerships, Collaborations, and Agreements:
  - 15.9.5.2 Product Launches and Product Expansions:
- 15.9.6 SWOT Analysis
15.10. Open Text Corporation
- 15.10.1 Company Overview
- 15.10.2 Financial Analysis
- 15.10.3 Regional Analysis
- 15.10.4 Research & Development Expenses
- 15.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 Europe Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 2 Europe Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria Mainframe Modernization Market
TABLE 4 Partnerships, Collaborations and Agreements- Mainframe Modernization Market
TABLE 5 Product Launches And Product Expansions- Mainframe Modernization Market
TABLE 6 Acquisition and Mergers- Mainframe Modernization Market
TABLE 7 Europe Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 8 Europe Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 9 Europe Large Enterprises Market by Country, 2021 - 2024, USD Million
TABLE 10 Europe Large Enterprises Market by Country, 2025 - 2032, USD Million
TABLE 11 Europe SMEs Market by Country, 2021 - 2024, USD Million
TABLE 12 Europe SMEs Market by Country, 2025 - 2032, USD Million
TABLE 13 Europe Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 14 Europe Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 15 Europe Services Market by Country, 2021 - 2024, USD Million
TABLE 16 Europe Services Market by Country, 2025 - 2032, USD Million
TABLE 17 Europe Software Market by Country, 2021 - 2024, USD Million
TABLE 18 Europe Software Market by Country, 2025 - 2032, USD Million
TABLE 19 Europe Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 20 Europe Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 21 Europe BFSI Market by Country, 2021 - 2024, USD Million
TABLE 22 Europe BFSI Market by Country, 2025 - 2032, USD Million
TABLE 23 Europe IT & ITeS Market by Country, 2021 - 2024, USD Million
TABLE 24 Europe IT & ITeS Market by Country, 2025 - 2032, USD Million
TABLE 25 Europe Healthcare Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Healthcare Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Retail Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Retail Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe Manufacturing Market by Country, 2021 - 2024, USD Million
TABLE 30 Europe Manufacturing Market by Country, 2025 - 2032, USD Million
TABLE 31 Europe Media & Entertainment Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Media & Entertainment Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Education Market by Country, 2021 - 2024, USD Million
TABLE 34 Europe Education Market by Country, 2025 - 2032, USD Million
TABLE 35 Europe Other Vertical Market by Country, 2021 - 2024, USD Million
TABLE 36 Europe Other Vertical Market by Country, 2025 - 2032, USD Million
TABLE 37 Europe Mainframe Modernization Market by Country, 2021 - 2024, USD Million
TABLE 38 Europe Mainframe Modernization Market by Country, 2025 - 2032, USD Million
TABLE 39 Germany Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 40 Germany Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 41 Germany Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 42 Germany Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 43 Germany Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 44 Germany Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 45 Germany Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 46 Germany Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 47 UK Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 48 UK Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 49 UK Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 50 UK Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 51 UK Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 52 UK Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 53 UK Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 54 UK Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 55 France Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 56 France Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 57 France Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 58 France Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 59 France Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 60 France Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 61 France Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 62 France Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 63 Russia Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 64 Russia Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 65 Russia Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 66 Russia Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 67 Russia Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 68 Russia Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 69 Russia Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 70 Russia Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 71 Spain Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 72 Spain Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 73 Spain Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 74 Spain Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 75 Spain Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 76 Spain Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 77 Spain Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 78 Spain Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 79 Italy Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 80 Italy Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 81 Italy Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 82 Italy Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 83 Italy Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 84 Italy Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 85 Italy Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 86 Italy Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 87 Rest of Europe Mainframe Modernization Market, 2021 - 2024, USD Million
TABLE 88 Rest of Europe Mainframe Modernization Market, 2025 - 2032, USD Million
TABLE 89 Rest of Europe Mainframe Modernization Market by Organization Size, 2021 - 2024, USD Million
TABLE 90 Rest of Europe Mainframe Modernization Market by Organization Size, 2025 - 2032, USD Million
TABLE 91 Rest of Europe Mainframe Modernization Market by Component Type, 2021 - 2024, USD Million
TABLE 92 Rest of Europe Mainframe Modernization Market by Component Type, 2025 - 2032, USD Million
TABLE 93 Rest of Europe Mainframe Modernization Market by Vertical, 2021 - 2024, USD Million
TABLE 94 Rest of Europe Mainframe Modernization Market by Vertical, 2025 - 2032, USD Million
TABLE 95 Key Information - IBM Corporation
TABLE 96 Key Information - Accenture PLC
TABLE 97 Key Information - HCL Technologies Ltd.
TABLE 98 Key Information - Amazon Web Services, Inc.
TABLE 99 Key Information - Tata Consultancy Services Ltd.
TABLE 100 Key Information - Capgemini SE
TABLE 101 Key Information - Infosys Limited
TABLE 102 key information - DXC Technology Company
TABLE 103 Key Information - Wipro Limited
TABLE 104 Key Information - Open Text Corporation

LIST OF FIGURES

FIG 1 Methodology for the research
FIG 2 Europe Mainframe Modernization Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Europe Mainframe Modernization Market
FIG 4 Value Chain Analysis of Mainframe Modernization Market
FIG 5 Product Life Cycle - Mainframe Modernization Market
FIG 6 Market Consolidation - Mainframe Modernization Market
FIG 7 Key Customer Criteria Mainframe Modernization Market
FIG 8 KBV Cardinal Matrix
FIG 9 Market Share Analysis, 2024
FIG 10 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 11 Key Strategic Move: (Product Launches and Product Expansions : 2021, Nov - 2025, oct) Leading Players
FIG 12 Porter's Five Forces Analysis - Mainframe Modernization Market
FIG 13 Europe Mainframe Modernization Market share by Organization Size, 2024
FIG 14 Europe Mainframe Modernization Market share by Organization Size, 2032
FIG 15 Europe Mainframe Modernization Market by Organization Size, 2021 - 2032, USD Million
FIG 16 Europe Mainframe Modernization Market share by Component Type, 2024
FIG 17 Europe Mainframe Modernization Market share by Component Type, 2032
FIG 18 Europe Mainframe Modernization Market by Component Type, 2021 - 2032, USD Million
FIG 19 Europe Mainframe Modernization Market share by Vertical, 2024
FIG 20 Europe Mainframe Modernization Market share by Vertical, 2032
FIG 21 Europe Mainframe Modernization Market by Vertical, 2021 - 2032, USD Million
FIG 22 Europe Mainframe Modernization Market share by Country, 2024
FIG 23 Europe Mainframe Modernization Market share by Country, 2032
FIG 24 Europe Mainframe Modernization Market by Country, 2021 - 2032, USD Million
FIG 25 Recent strategies and developments: IBM Corporation
FIG 26 SWOT Analysis: IBM Corporation
FIG 27 Recent strategies and developments: Accenture PLC
FIG 28 SWOT Analysis: Accenture PLC
FIG 29 Recent strategies and developments: HCL Technologies Ltd.
FIG 30 SWOT Analysis: HCL Technologies Ltd.
FIG 31 SWOT Analysis: Amazon Web Services, Inc.
FIG 32 SWOT Analysis: Tata Consultancy Services Ltd.
FIG 33 SWOT Analysis: Capgemini SE
FIG 34 SWOT Analysis: Infosys Limited
FIG 35 Recent strategies and developments: DXC Technology Company
FIG 36 SWOT Analysis: DXC Technology Company
FIG 37 Recent strategies and developments: Wipro Limited
FIG 38 SWOT Analysis: Wipro Limited
FIG 39 SWOT analysis: Open Text Corporation

Europe Mainframe Modernization Market Size, Share & Industry Analysis Report By Organization Size, By Component Type, By Vertical, By Country and Growth Forecast, 2025 - 2032

Description

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