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Asia Pacific Mainframe Modernization Services Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Services (Application Modernization, Cloud Migration, and Data Modernization), Enterprise Size

Published Oct 17, 2025
Length 220 Pages
SKU # TIP20887659

Description

The Asia Pacific mainframe modernization services market is projected to grow significantly, reaching an estimated US$ 24,500.31 million by 2031, up from US$ 7,956.53 million in 2023. This growth represents a compound annual growth rate (CAGR) of 15.1% from 2023 to 2031, indicating a robust demand for modernization services in the region.

Executive Summary and Market Analysis

The Asia Pacific region encompasses several rapidly developing economies, including India, China, Thailand, Vietnam, Singapore, Taiwan, and New Zealand. These nations are increasingly adopting advanced technologies to enhance their digital capabilities and maintain long-term competitiveness. Governments across the region are implementing strategic initiatives aimed at digitalization. A notable example is the Chinese government's announcement in February 2023 of a comprehensive plan for the development of a Digital China. This initiative aims to promote the integration of digital technologies across various sectors, including economics, politics, culture, social affairs, and environmental sustainability. By 2025, China plans to establish a nationwide system to support its digitalization goals, with aspirations to become a global leader in digitalization by 2035. This push for digital transformation is expected to significantly drive the growth of the mainframe modernization services market in the Asia Pacific.

Strategic Insights

Market Segmentation Analysis

The Asia Pacific mainframe modernization services market can be segmented based on services offered, enterprise size, and end-use industries.

1. Services: The market is divided into three primary service categories: application modernization, cloud migration, and data modernization. In 2023, the application modernization segment captured the largest market share, reflecting the high demand for updating and optimizing legacy applications to meet current business needs.
2. Enterprise Size: The market is further categorized into large enterprises and small to medium-sized enterprises (SMEs). Large enterprises dominated the market share in 2023, as they typically have more extensive IT infrastructures and a greater need for modernization services to enhance operational efficiency.
3. End-Use Industry: The market is segmented into various industries, including IT and telecom, banking, financial services, and insurance (BFSI), healthcare, manufacturing, retail, education, and others. The IT and telecom sector held the largest share in 2023, driven by the rapid technological advancements and the need for robust IT systems in these industries.

Market Outlook

Effective management of IT infrastructure is crucial for organizations to ensure seamless operations. As software continues to evolve, it introduces complexities that necessitate compatibility and security measures. Efficient IT infrastructure management solutions are essential to minimize inefficiencies and optimize resource utilization. As organizations expand, their IT infrastructure also grows, requiring new technology implementations or integrations, which can increase vulnerabilities. This scenario is expected to further drive the demand for mainframe modernization services in the coming years.

Country Insights

The Asia Pacific mainframe modernization services market includes key countries such as China, Japan, India, South Korea, Australia, and other nations in the region. In 2023, China held the largest market share, primarily due to its status as the world's largest manufacturing hub, producing approximately 36% of global electronics, including smartphones, computers, cloud servers, and telecommunications infrastructure. The Chinese government and local manufacturers are actively working to enhance production capacity and efficiency through the adoption of new technologies. This trend is anticipated to boost the demand for mainframe modernization services, as these services can help manufacturers optimize their IT operations effectively.

Company Profiles

Several prominent players are operating in the Asia Pacific mainframe modernization services market, including:

Accenture Plc
Capgemini SE
Infosys Ltd
Fujitsu Ltd
Cognizant Technology Solutions Corp
Microsoft Corp
Mphasis Ltd
Innova Solutions
DXC Technology Co
Amazon Web Services Inc
International Business Machines Corp (IBM)
HCL Technologies Ltd
Atos SE
Tata Consultancy Services Ltd (TCS)
Oracle Corp
EPAM Systems Inc
Ensono, LLC
Hexaware Technologies Ltd
Software AG
Kyndryl Holdings Inc

These companies are employing various strategies, including expansion, product innovation, and mergers and acquisitions, to enhance their offerings and increase their market share. The competitive landscape is characterized by a focus on delivering innovative solutions to meet the evolving needs of clients in the mainframe modernization services sector.

Table of Contents

220 Pages
1. Introduction
1.1 Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macroeconomic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country-level data:
3.3 Assumptions and Limitations
4. Asia Pacific Mainframe Modernization Services Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 Software Providers:
4.2.2 Services Providers:
4.2.3 System Integrators:
4.2.4 End-Users:
4.2.5 List of Vendors in the Value Chain
5. Asia Pacific Mainframe Modernization Services Market - Key Market Dynamics
5.1 Asia Pacific Mainframe Modernization Services Market - Key Market Dynamics
5.2 Market Drivers
5.2.1 The Rise in Adoption of Mainframe Modernization Services In Various Sectors
5.2.2 Digital Transformation Across the Globe
5.2.3 Growing Adoption of Cloud Computing
5.3 Market Restraints
5.3.1 Challenges in Mainframe Modernization
5.4 Market Opportunities
5.4.1 Growing Adoption of Data Analytics
5.5 Future Trends
5.5.1 Increase in Investment Towards the Transformation of IT Infrastructure
5.5.2 Integration with AI and ML
5.6 Impact of Drivers and Restraints:
6. Asia Pacific Mainframe Modernization Services Market - Analysis
6.1 Asia Pacific Mainframe Modernization Services Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Mainframe Modernization Services Market Forecast Analysis
7. Asia Pacific Mainframe Modernization Services Market Analysis - by Services
7.1 Application Modernization
7.1.1 Overview
7.1.2 Application Modernization: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Cloud Migration
7.2.1 Overview
7.2.2 Cloud Migration: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Data Modernization
7.3.1 Overview
7.3.2 Data Modernization: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
8. Asia Pacific Mainframe Modernization Services Market Analysis - by Enterprise Size
8.1 Large Enterprises
8.1.1 Overview
8.1.2 Large Enterprises: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 SMEs
8.2.1 Overview
8.2.2 SMEs: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9. Asia Pacific Mainframe Modernization Services Market Analysis - by End Use Industry
9.1 IT and Telecom
9.1.1 Overview
9.1.2 IT and Telecom: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 BFSI
9.2.1 Overview
9.2.2 BFSI: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Healthcare
9.3.1 Overview
9.3.2 Healthcare: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Manufacturing
9.4.1 Overview
9.4.2 Manufacturing: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.5 Retail
9.5.1 Overview
9.5.2 Retail: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.6 Education
9.6.1 Overview
9.6.2 Education: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10. Asia Pacific Mainframe Modernization Services Market - Country Analysis
10.1 Asia Pacific
10.1.1 Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast Analysis - by Country
10.1.1.1 Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast Analysis - by Country
10.1.1.2 China: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.2.1 China: Asia Pacific Mainframe Modernization Services Market Share - by Services
10.1.1.2.2 China: Asia Pacific Mainframe Modernization Services Market Share - by Enterprise Size
10.1.1.2.3 China: Asia Pacific Mainframe Modernization Services Market Share - by End Use Industry
10.1.1.3 Japan: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.3.1 Japan: Asia Pacific Mainframe Modernization Services Market Share - by Services
10.1.1.3.2 Japan: Asia Pacific Mainframe Modernization Services Market Share - by Enterprise Size
10.1.1.3.3 Japan: Asia Pacific Mainframe Modernization Services Market Share - by End Use Industry
10.1.1.4 India: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.4.1 India: Asia Pacific Mainframe Modernization Services Market Share - by Services
10.1.1.4.2 India: Asia Pacific Mainframe Modernization Services Market Share - by Enterprise Size
10.1.1.4.3 India: Asia Pacific Mainframe Modernization Services Market Share - by End Use Industry
10.1.1.5 South Korea: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.5.1 South Korea: Asia Pacific Mainframe Modernization Services Market Share - by Services
10.1.1.5.2 South Korea: Asia Pacific Mainframe Modernization Services Market Share - by Enterprise Size
10.1.1.5.3 South Korea: Asia Pacific Mainframe Modernization Services Market Share - by End Use Industry
10.1.1.6 Australia: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.6.1 Australia: Asia Pacific Mainframe Modernization Services Market Share - by Services
10.1.1.6.2 Australia: Asia Pacific Mainframe Modernization Services Market Share - by Enterprise Size
10.1.1.6.3 Australia: Asia Pacific Mainframe Modernization Services Market Share - by End Use Industry
10.1.1.7 Rest of APAC: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
10.1.1.7.1 Rest of APAC: Asia Pacific Mainframe Modernization Services Market Share - by Services
10.1.1.7.2 Rest of APAC: Asia Pacific Mainframe Modernization Services Market Share - by Enterprise Size
10.1.1.7.3 Rest of APAC: Asia Pacific Mainframe Modernization Services Market Share - by End Use Industry
11. Competitive Landscape
11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
12.4 Mergers & Acquisitions
13. Company Profiles
13.1 Accenture Plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Capgemini SE
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Infosys Ltd
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Fujitsu Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Cognizant Technology Solutions Corp
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Microsoft Corp
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Mphasis Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Innova Solutions
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 DXC Technology Co
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Amazon Web Services Inc
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 International Business Machines Corp
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 HCL Technologies Ltd
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
13.13 Atos SE
13.13.1 Key Facts
13.13.2 Business Description
13.13.3 Products and Services
13.13.4 Financial Overview
13.13.5 SWOT Analysis
13.13.6 Key Developments
13.14 Tata Consultancy Services Ltd
13.14.1 Key Facts
13.14.2 Business Description
13.14.3 Products and Services
13.14.4 Financial Overview
13.14.5 SWOT Analysis
13.14.6 Key Developments
13.15 Oracle Corp
13.15.1 Key Facts
13.15.2 Business Description
13.15.3 Products and Services
13.15.4 Financial Overview
13.15.5 SWOT Analysis
13.15.6 Key Developments
13.16 EPAM Systems Inc
13.16.1 Key Facts
13.16.2 Business Description
13.16.3 Products and Services
13.16.4 Financial Overview
13.16.5 SWOT Analysis
13.16.6 Key Developments
13.17 Ensono, LLC
13.17.1 Key Facts
13.17.2 Business Description
13.17.3 Products and Services
13.17.4 Financial Overview
13.17.5 SWOT Analysis
13.17.6 Key Developments
13.18 Hexaware Technologies Ltd
13.18.1 Key Facts
13.18.2 Business Description
13.18.3 Products and Services
13.18.4 Financial Overview
13.18.5 SWOT Analysis
13.18.6 Key Developments
13.19 Software AG
13.19.1 Key Facts
13.19.2 Business Description
13.19.3 Products and Services
13.19.4 Financial Overview
13.19.5 SWOT Analysis
13.19.6 Key Developments
13.20 Kyndryl Holdings Inc
13.20.1 Key Facts
13.20.2 Business Description
13.20.3 Products and Services
13.20.4 Financial Overview
13.20.5 SWOT Analysis
13.20.6 Key Developments
14. Appendix
14.1 Word Index
14.2 About The Insight Partners
LIST OF TABLES
Table 1. Asia Pacific Mainframe Modernization Services Market Segmentation
Table 2. List of Vendors
Table 3. Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Table 4. Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Services
Table 5. Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Enterprise Size
Table 6. Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million) - by End Use Industry
Table 7. Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million) - by Country
Table 8. China: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Services
Table 9. China: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Enterprise Size
Table 10. China: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by End Use Industry
Table 11. Japan: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Services
Table 12. Japan: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Enterprise Size
Table 13. Japan: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by End Use Industry
Table 14. India: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Services
Table 15. India: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Enterprise Size
Table 16. India: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by End Use Industry
Table 17. South Korea: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Services
Table 18. South Korea: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Enterprise Size
Table 19. South Korea: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by End Use Industry
Table 20. Australia: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Services
Table 21. Australia: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Enterprise Size
Table 22. Australia: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by End Use Industry
Table 23. Rest of APAC: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Services
Table 24. Rest of APAC: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by Enterprise Size
Table 25. Rest of APAC: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021 - 2031 (US$ Million) - by End Use Industry
Table 26. Company Positioning & Concentration
Table 27. List of Abbreviation
LIST OF FIGURES
Figure 1. Asia Pacific Mainframe Modernization Services Market Segmentation - Country
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. Asia Pacific Mainframe Modernization Services Market Revenue (US$ Million), 2021-2031
Figure 4. Asia Pacific Mainframe Modernization Services Market Share (%) - by Services (2023 and 2031)
Figure 5. Application Modernization: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 6. Cloud Migration: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 7. Data Modernization: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 8. Asia Pacific Mainframe Modernization Services Market Share (%) - by Enterprise Size (2023 and 2031)
Figure 9. Large Enterprises: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 10. SMEs: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 11. Asia Pacific Mainframe Modernization Services Market Share (%) - by End Use Industry (2023 and 2031)
Figure 12. IT and Telecom: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 13. BFSI: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 14. Healthcare: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 15. Manufacturing: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 16. Retail: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 17. Education: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 18. Others: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021-2031 (US$ Million)
Figure 19. Asia Pacific Mainframe Modernization Services Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 20. China: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 21. Japan: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 22. India: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 23. South Korea: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 24. Australia: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 25. Rest of APAC: Asia Pacific Mainframe Modernization Services Market - Revenue and Forecast, 2021- 2031 (US$ Million)
Figure 26. Heat Map Analysis by Key Players
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