Mainframe Security Market - Evolving Industry Trends, Key Insights 2030

The COVID-19 pandemic is expected to moderately impact the global mainframe security market for a short-term period. The economic depression due to lockdown and shut down of enterprises across the globe has led to low investment in new technology as this increases the additional fixed cost of companies. Companies in this this time period are highly skeptical of investment.

View Our Report @ https://www.transparencymarketresearch.com/mainframe-security-market.html

Mainframe security is a tool which mitigates the risk of data exposure, fulfils regulatory compliance, and maintains unified enterprise security. Mainframe security is designed to work together across the security lifecycle from access control to data security to audit.

The increasing use of cloud services is expected to bring down costs for hardware and software products, which could reduce the overall market price, but more likely, heavier adoption will bring in more customers, thus being a potential positive for market revenue growth.

Get PDF sample for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=79155

One of the major driving factors of mainframe security is it empowers a company to gain specialized expertise in its non-major business segments. This enables the company to gain access to more opportunities through specialization and also helps it to focus on primary objectives as well as prioritize work more efficiently. The cost benefits as well as flexibility from cloud deployment is increasing the penetration rate among SMEs, which results in driving the mainframe security market.

The number of data breaches across the globe is increasing. The cost of recovering the data to compensate the loss due to data breach is very high. For instance, a recent Service

Get a Customized Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=79155

Now survey (conducted by Ponemon) states that:

Of the 3,000 companies surveyed, almost half admitted that their organization suffered a data breach in the last two years.

Of those who suffered data breach, 34% knew they were vulnerable but did nothing
The rising data breach occurrences is driving the growth of the mainframe security market.

Lack of knowledge and training related to an organization's cloud services is also a challenge, specifically in Middle East & Africa, Asia Pacific, and South America, which is impacting the growth of the mainframe security market

Enquiry Before Buying @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=79155

In terms of region, the global mainframe security market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the mainframe security market during the forecast period due to strong adoption rate of outsourcing or rental models by business enterprises.

About Transparency Market Research:

Transparency Market Research is a Global Market Research Report company providing business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us:

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

This release was published on openPR.