Storage Area Network (SAN) Market
Description
Storage Area Network (SAN) Market, By Component (Software, Hardware and Service (Consulting, System Integration and Support & Maintenance)), By SAN Type (Virtual SAN and Conventional SAN), By Technology (FibreChannel (FC), FibreChannel Over Ethernet (FCOE), InfiniBand and iSCSI Protocol), By End User (SMEs and Large Enterprises), By Vertical (BFSI, Retail and e-Commerce, IT and Telecommunication, Energy and Utility, Government Offices and Education, Aerospace and Defense, Healthcare, Manufacturing and Others (Transportation and Logistics)), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
A storage area network refers to a high-speed network that interconnects and presents a shared band of storage devices to various servers. SANs are typically helpful in backup and disaster recovery settings. SANs are used to enhance the capacity of mass storage devices such as optical jukeboxes, tape libraries, and disk arrays that have access to servers. Increasing volumes of critical data being accumulated in the global business environment have led to an increased need for better performance, manageability, availability, and security of data storage assets among enterprises. Furthermore, many enterprises are focused on implementing specialized storage networks that can aid businesses in attaining operational efficiencies.Market Dynamics
Previously, in a conventional approach, local area network (LAN) was used for data backup and restore functions that are particularly slow and significantly impact the efficiency of the whole operation. On the contrary, in the SAN approach, data moves smoothly across the SAN to tape devices as it does not utilize critical server I/O or CPU resources. Several issues can be improved with the integration of high-performance backup and restore capabilities with data availability and device sharing. This includes performance degradation, extended downtime periods, and shrinking backup windows. However, the increase in overall server efficiency with server-less backup offered by SAN architecture is fueling adoption of SAN across various verticals. Thus, these factors are expected to drive growth of the market in the near future. Increasing usage of SANs among small and medium-sized enterprises (SMEs) is expected to boost the market growth, especially in emerging economies. This adoption of SANs among smaller organizations is mainly driven by the benefits offered by SANs such as flexibility, shared storage, and centralized control, in order to share capacity between multiple hosts. As a result of this, major SAN solution providers are constantly focused on products that are easy to use and cost-effective for smaller enterprises, which in turn, is expected to boost the global storage area network (SAN) market growth over the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global storage area network (SAN) market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global storage area network (SAN) market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study are IBM Corporation, Brocade Communications Systems, Inc., Dell Inc., QLogic Corporation, Citrix Systems, Inc., Hitachi Data Systems, NetApp, Inc., Hewlett-Packard Company, DataCore Software, NEC Corporation, Nutanix, and Cisco Systems, Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global storage area network (SAN) market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global storage area network (SAN) market
- Global Storage Area Network (SAN) Market, By Component:
- Software
- Hardware
- Service
System Integration
Support & Maintenance
- Global Storage Area Network (SAN) Market, By SAN Type:
- Virtual SAN
- Conventional SAN
- Global Storage Area Network (SAN) Market, By Technology:
- FibreChannel (FC)
- FibreChannel Over Ethernet (FCOE)
- InfiniBand
- iSCSI Protocol
- Global Storage Area Network (SAN) Market, By End User:
- SMEs
- Large Enterprises
- Global Storage Area Network (SAN) Market, By Verticals:
- BFSI
- Retail and e-Commerce
- IT and Telecommunication
- Energy and Utility
- Government Offices and Education
- Aerospace and Defense
- Healthcare
- Manufacturing
- Others (Transportation and Logistics)
- Global Storage Area Network (SAN) Market, By Region:
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Brocade Communications Systems, Inc.
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- DataCore Software
- Dell Inc.
- Hewlett-Packard Company
- Hitachi Data Systems
- IBM Corporation
- NEC Corporation
- NetApp, Inc.
- Nutanix
- QLogic Corporation
Table of Contents
130 Pages
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