Does It have Future?

In short, Mainframe technology is always evergreen and has a bright future. For years, many tech experts have predicted the retirement of the mainframe, but the fact that it is still alive and proves that these are merely not possible.

In 1994, American IT journalist Stewart Alsop Jr. predicts that the mainframe gets unplugged by Mar 1996 based on the growing power of computing PCs. However, he withdraw his words in 2002. Mainframe computing has grown by 30% annualy since 1992.

Processing power is one aspect of the mainframe remains unmatched, and it is one of the mainframe strengths that has seen continuous improvement over the years.

Even today, many companies rely on mainframe systems to keep their business running, including 71% of Fortune 500 companies. Mainframes also handles 87% of the world's credit card transactions, making it an important system for business.

Below are some statistics of Mainframe market (collected from internet) as of today (2024) -

Mainframe market forecast by 2032 from 2023

Mainframe market forecast of its the Operating Systems by 2032 from 2023

Mainframe Global Market forecast of its Operating system year by year from 2020 to 2031.

There might be no technology capable of replacing mainframes in the near future atleast ten years.

There are many more forecast that says Mainframe usage is keep on increasing day by day. So according to me, it has future atleast for two to three decades from now on.