Mainframe Modernization Market Size, Share, Trends, Industry Analysis Report By Offering (Software, Service), By Deployment Mode, By Organization Size, By Industry Vertical, By Region

Description

List of Tables

The mainframe modernization market size is expected to reach USD 18.64 billion by 2034, according to a new study by Polaris Market Research. The report "Mainframe Modernization Market Share, Size, Trends, Industry Analysis Report By Offering (Software, Service), By Deployment Mode, By Organization Size, By Industry Vertical, By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Mainframe modernization refers to the process of updating and transforming legacy mainframe systems to align with contemporary technological standards, improving efficiency, scalability, and integration with modern applications. Mainframes, known for their reliability and processing power, have been the backbone of critical industries such as banking, healthcare, and government for decades. However, their aging architecture, high maintenance costs, and lack of flexibility have led organizations to modernize them using cloud integration, DevOps practices, microservices, and automation.

Modernization involves various approaches, such as rehosting, refactoring, or replatforming. Artificial intelligence and machine learning can also be integrated to automate mainframe operations, reducing manual intervention. The benefits of mainframe modernization include cost reduction, improved agility, and enhanced security. It also helps businesses stay competitive by enabling real-time data processing, better customer experiences, and smoother digital transformation.

Mainframe Modernization Market Report Highlights

In terms of offering, the services segment accounted for a major revenue share in 2024 due to increasing demand for consulting, integration, and managed services to transform legacy systems.

Based on deployment mode, the cloud-based modernization segment held the largest revenue share in 2024 as enterprises increasingly prioritized scalability, cost efficiency, and agility in their IT transformation strategies.

In terms of organization size, the large enterprises segment dominated the revenue share in 2024 due to their extensive reliance on traditional systems and the rising need to integrate advanced technologies such as cloud computing, artificial intelligence, and automation.

Based on industry vertical, the BFSI segment accounted for a major revenue share in 2024 due to its heavy dependence on mainframes for high-volume transaction processing, regulatory compliance, and data security.

The North America mainframe modernization market accounted for the largest revenue share in 2024. This dominance is attributed to the rising need to integrate traditional mainframe systems with cloud-based technologies to improve operational efficiency and reduce costs.

The industry in Asia Pacific is projected to grow at the fastest pace in the coming years, owing to digital banking growth, government-led digitalization initiatives, and the expansion of fintech and e-commerce.

A few global key players in the mainframe modernization market include Atos, AWS, BMC Software, Capgemini, DXC Technology, HCL Tech, IBM, Infosys, Kyndryl, Rocket Software, TATA Consultancy Services Limited, and Wipro.

Polaris Market Research has segmented the mainframe modernization market report on the basis of offering, deployment mode, organization size, industry vertical, and region:

By Offering Outlook (Revenue, USD Billion, 2020-2034)

Software

Services

Application Modernization

Infrastructure Modernization

Data Modernization

Cloud Migration Services

Consulting & Assessment Services

By Deployment Mode Outlook (Revenue, USD Billion, 2020-2034)

Cloud-based Modernization

Hybrid Modernization

On-premises Modernization

By Organization Size Outlook (Revenue, USD Billion, 2020-2034)

Large Enterprises

Small & Medium Enterprises (SMEs)

By Industry Vertical Outlook (Revenue, USD Billion, 2020-2034)

BFSI

Healthcare

Retail & E-commerce

Government & Public Sector

Manufacturing

Telecom & IT

Others

By Regional Outlook (Revenue, USD Billion, 2020-2034)

North America

U.S.

Canada

Europe

Germany

France

Italy

Spain

Netherlands

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Malaysia

South Korea

Indonesia

Australia

Vietnam

Rest of Asia Pacific

Middle East & Africa

Saudi Arabia

UAE

Israel

South Africa

Rest of Middle East & Africa

Latin America

Mexico

Brazil

Argentina

Rest of Latin America

Product Code: PM6382

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Source
- 3.2.1. Primary Source
- 3.2.2. Secondary Source

4. Global Mainframe Modernization Market Insights

4.1. Mainframe Modernization Market - Market Snapshot
4.2. Mainframe Modernization Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Shortage of Skilled Mainframe Professionals
  - 4.2.1.2. Increasing Focus on Cybersecurity and Data Privacy
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Integration Complexity and Risk of Downtime
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Mainframe Modernization Market Trends
4.6. Value Chain Analysis

5. Global Mainframe Modernization Market, by Offering

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
5.3. Software
- 5.3.1. Global Mainframe Modernization Market, by Software, by Region, 2020-2034 (USD Billion)
5.4. Services
- 5.4.1. Global Mainframe Modernization Market, by Services, by Region, 2020-2034 (USD Billion)
- 5.4.2. Application Modernization
  - 5.4.2.1. Global Mainframe Modernization Market, by Application Modernization, by Region, 2020-2034 (USD Billion)
- 5.4.3. Infrastructure Modernization
  - 5.4.3.1. Global Mainframe Modernization Market, by Infrastructure Modernization, by Region, 2020-2034 (USD Billion)
- 5.4.4. Data Modernization
  - 5.4.4.1. Global Mainframe Modernization Market, by Data Modernization, by Region, 2020-2034 (USD Billion)
- 5.4.5. Cloud Migration Services
  - 5.4.5.1. Global Mainframe Modernization Market, by Cloud Migration Services, by Region, 2020-2034 (USD Billion)
- 5.4.6. Consulting & Assessment Services
  - 5.4.6.1. Global Mainframe Modernization Market, by Consulting & Assessment Services, by Region, 2020-2034 (USD Billion)

6. Global Mainframe Modernization Market, by Deployment Mode

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
6.3. Cloud-based Modernization
- 6.3.1. Global Mainframe Modernization Market, by Cloud-based Modernization, by Region, 2020-2034 (USD Billion)
6.4. Hybrid Modernization
- 6.4.1. Global Mainframe Modernization Market, by Hybrid Modernization, by Region, 2020-2034 (USD Billion)
6.5. On-premises Modernization
- 6.5.1. Global Mainframe Modernization Market, by On-premises Modernization, by Region, 2020-2034 (USD Billion)

7. Global Mainframe Modernization Market, by Organization Size

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
7.3. Large Enterprises
- 7.3.1. Global Mainframe Modernization Market, by Large Enterprises, by Region, 2020-2034 (USD Billion)
7.4. Small & Medium Enterprises (SMEs)
- 7.4.1. Global Mainframe Modernization Market, by Small & Medium Enterprises (SMEs), by Region, 2020-2034 (USD Billion)

8. Global Mainframe Modernization Market, by Industry Vertical

8.1. Key Findings
8.2. Introduction
- 8.2.1. Global Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
8.3. BFSI
- 8.3.1. Global Mainframe Modernization Market, by BFSI, by Region, 2020-2034 (USD Billion)
8.4. Healthcare
- 8.4.1. Global Mainframe Modernization Market, by Healthcare, by Region, 2020-2034 (USD Billion)
8.5. Retail & E-commerce
- 8.5.1. Global Mainframe Modernization Market, by Retail & E-commerce, by Region, 2020-2034 (USD Billion)
8.6. Government & Public Sector
- 8.6.1. Global Mainframe Modernization Market, by Government & Public Sector, by Region, 2020-2034 (USD Billion)
8.7. Manufacturing
- 8.7.1. Global Mainframe Modernization Market, by Manufacturing, by Region, 2020-2034 (USD Billion)
8.8. Telecom & IT
- 8.8.1. Global Mainframe Modernization Market, by Telecom & IT, by Region, 2020-2034 (USD Billion)
8.9. Others
- 8.9.1. Global Mainframe Modernization Market, by Others, by Region, 2020-2034 (USD Billion)

9. Global Mainframe Modernization Market, by Geography

9.1. Key Findings
9.2. Introduction
- 9.2.1. Mainframe Modernization Market Assessment, By Geography, 2020-2034 (USD Billion)
9.3. Mainframe Modernization Market - North America
- 9.3.1. North America: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
- 9.3.2. North America: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
- 9.3.3. North America: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
- 9.3.4. North America: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.3.5. Mainframe Modernization Market - US
  - 9.3.5.1. US: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.3.5.2. US: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.3.5.3. US: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.3.5.4. US: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.3.6. Mainframe Modernization Market - Canada
  - 9.3.6.1. Canada: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.3.6.2. Canada: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.3.6.3. Canada: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.3.6.4. Canada: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
9.4. Mainframe Modernization Market - Europe
- 9.4.1. Europe: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
- 9.4.2. Europe: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
- 9.4.3. Europe: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
- 9.4.4. Europe: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.5. Mainframe Modernization Market - UK
  - 9.4.5.1. UK: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.5.2. UK: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.5.3. UK: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.5.4. UK: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.6. Mainframe Modernization Market - France
  - 9.4.6.1. France: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.6.2. France: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.6.3. France: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.6.4. France: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.7. Mainframe Modernization Market - Germany
  - 9.4.7.1. Germany: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.7.2. Germany: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.7.3. Germany: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.7.4. Germany: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.8. Mainframe Modernization Market - Italy
  - 9.4.8.1. Italy: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.8.2. Italy: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.8.3. Italy: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.8.4. Italy: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.9. Mainframe Modernization Market - Spain
  - 9.4.9.1. Spain: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.9.2. Spain: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.9.3. Spain: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.9.4. Spain: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.10. Mainframe Modernization Market - Netherlands
  - 9.4.10.1. Netherlands: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.10.2. Netherlands: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.10.3. Netherlands: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.10.4. Netherlands: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.11. Mainframe Modernization Market - Russia
  - 9.4.11.1. Russia: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.11.2. Russia: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.11.3. Russia: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.11.4. Russia: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.4.12. Mainframe Modernization Market - Rest of Europe
  - 9.4.12.1. Rest of Europe: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.4.12.2. Rest of Europe: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.4.12.3. Rest of Europe: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.4.12.4. Rest of Europe: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
9.5. Mainframe Modernization Market - Asia Pacific
- 9.5.1. Asia Pacific: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
- 9.5.2. Asia Pacific: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
- 9.5.3. Asia Pacific: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
- 9.5.4. Asia Pacific: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.5. Mainframe Modernization Market - China
  - 9.5.5.1. China: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.5.2. China: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.5.3. China: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.5.4. China: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.6. Mainframe Modernization Market - India
  - 9.5.6.1. India: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.6.2. India: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.6.3. India: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.6.4. India: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.7. Mainframe Modernization Market - Malaysia
  - 9.5.7.1. Malaysia: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.7.2. Malaysia: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.7.3. Malaysia: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.7.4. Malaysia: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.8. Mainframe Modernization Market - Japan
  - 9.5.8.1. Japan: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.8.2. Japan: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.8.3. Japan: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.8.4. Japan: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.9. Mainframe Modernization Market - Indonesia
  - 9.5.9.1. Indonesia: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.9.2. Indonesia: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.9.3. Indonesia: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.9.4. Indonesia: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.10. Mainframe Modernization Market - South Korea
  - 9.5.10.1. South Korea: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.10.2. South Korea: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.10.3. South Korea: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.10.4. South Korea: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.11. Mainframe Modernization Market - Australia
  - 9.5.11.1. Australia: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.11.2. Australia: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.11.3. Australia: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.11.4. Australia: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.5.12. Mainframe Modernization Market - Rest of Asia Pacific
  - 9.5.12.1. Rest of Asia Pacific: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.5.12.2. Rest of Asia Pacific: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.5.12.3. Rest of Asia Pacific: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.5.12.4. Rest of Asia Pacific: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
9.6. Mainframe Modernization Market - Middle East & Africa
- 9.6.1. Middle East & Africa: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
- 9.6.2. Middle East & Africa: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
- 9.6.3. Middle East & Africa: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
- 9.6.4. Middle East & Africa: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.6.5. Mainframe Modernization Market - Saudi Arabia
  - 9.6.5.1. Saudi Arabia: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.6.5.2. Saudi Arabia: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.6.5.3. Saudi Arabia: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.6.5.4. Saudi Arabia: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.6.6. Mainframe Modernization Market - UAE
  - 9.6.6.1. UAE: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.6.6.2. UAE: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.6.6.3. UAE: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.6.6.4. UAE: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.6.7. Mainframe Modernization Market - Israel
  - 9.6.7.1. Israel: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.6.7.2. Israel: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.6.7.3. Israel: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.6.7.4. Israel: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.6.8. Mainframe Modernization Market - South Africa
  - 9.6.8.1. South Africa: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.6.8.2. South Africa: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.6.8.3. South Africa: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.6.8.4. South Africa: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.6.9. Mainframe Modernization Market - Rest of Middle East & Africa
  - 9.6.9.1. Rest of Middle East & Africa: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.6.9.2. Rest of Middle East & Africa: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.6.9.3. Rest of Middle East & Africa: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.6.9.4. Rest of Middle East & Africa: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
9.7. Mainframe Modernization Market - Latin America
- 9.7.1. Latin America: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
- 9.7.2. Latin America: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
- 9.7.3. Latin America: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
- 9.7.4. Latin America: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.7.5. Mainframe Modernization Market - Mexico
  - 9.7.5.1. Mexico: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.7.5.2. Mexico: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.7.5.3. Mexico: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.7.5.4. Mexico: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.7.6. Mainframe Modernization Market - Brazil
  - 9.7.6.1. Brazil: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.7.6.2. Brazil: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.7.6.3. Brazil: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.7.6.4. Brazil: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.7.7. Mainframe Modernization Market - Argentina
  - 9.7.7.1. Argentina: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.7.7.2. Argentina: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.7.7.3. Argentina: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.7.7.4. Argentina: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)
- 9.7.8. Mainframe Modernization Market - Rest of Latin America
  - 9.7.8.1. Rest of Latin America: Mainframe Modernization Market, by Offering, 2020-2034 (USD Billion)
  - 9.7.8.2. Rest of Latin America: Mainframe Modernization Market, by Deployment Mode, 2020-2034 (USD Billion)
  - 9.7.8.3. Rest of Latin America: Mainframe Modernization Market, by Organization Size, 2020-2034 (USD Billion)
  - 9.7.8.4. Rest of Latin America: Mainframe Modernization Market, by Industry Vertical, 2020-2034 (USD Billion)

10. Competitive Landscape

10.1. Expansion and Acquisition Analysis
- 10.1.1. Expansion
- 10.1.2. Acquisitions
10.2. Partnerships/Collaborations/Agreements/Exhibitions

11. Company Profiles

11.1. Atos
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Benchmarking
- 11.1.4. Recent Development
11.2. AWS
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Benchmarking
- 11.2.4. Recent Development
11.3. BMC Software
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Benchmarking
- 11.3.4. Recent Development
11.4. Capgemini
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Benchmarking
- 11.4.4. Recent Development
11.5. DXC Technology
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Benchmarking
- 11.5.4. Recent Development
11.6. HCL Tech
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Benchmarking
- 11.6.4. Recent Development
11.7. IBM
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Benchmarking
- 11.7.4. Recent Development
11.8. Infosys
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Benchmarking
- 11.8.4. Recent Development
11.9. Kyndryl
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Benchmarking
- 11.9.4. Recent Development
11.10. Rocket Software
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Benchmarking
- 11.10.4. Recent Development
11.11. TATA Consultancy Services Limited
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Benchmarking
- 11.11.4. Recent Development
11.12. Wipro
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Benchmarking
- 11.12.4. Recent Development