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Storage Area Network (SAN) Solutions market Overview 2019 With Top Countries Data – Impact of Industry Peers, Driving Factors, Distributors, Wholesalers, End-Use Sector, By Region, By Country & Forecast to 2026
Storage Area Network (SAN) Solutions Market
Global storage area network (SAN) solutions market is projected to rise to USD 23.98 billion by 2026, undergoing growth with a steady CAGR in the forecast period of 2019-2026. The rise in the market value can be attributed to the low cost on upgradation, growing cloud computing solutions and associated improvements in technology.
The Storage area network (SAN) solutions market research report intensely analyses the potential of the market with respect to existing scenario and the future prospects by considering all industry aspects of Information and Communication Technology industry. This market report consists of historic data along with future forecast and detailed analysis for the market on a global and regional level. Market analysis and market segmentation has been carried out in terms of markets, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.
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Market Definition: Global Storage Area Network (SAN) Solutions Market
A storage area network (SAN) or storage network is a computer network that gives access to integrated, block-level data storage. It is a speedy, efficient, data transfer network that is liable to connect storage devices such as disk arrays or tape libraries, which would allow users to access an integrated, block level storage. It removes the need to maintain separate storage. It aids in very quick and speedy data transfers. It allows for centralized backup of stored data, and enables to view the stored data on local disks.
Market Drivers:
Minimal intervention with network traffic, and a centralized backup which prevents loss of data, thereby ensuring data safety drives the growth of this market
Global improvement of technology and business operations
Fibre optics being less costly than ethernet technology, thus making SAN cost effective
SAN is a highly flexible, adaptable and scalable technology, which further drives the growth of this market
Market Restraints:
Lack of knowledge about this new era of storage technology
Deployment issues arising due to complicated integration
Segmentation: Global Storage Area Network (SAN) Solutions Market
By Component
Software
Application
Platform
Hardware
Services
Consulting
System Integration
Support
Maintenance
By Type
Hyperscale Server SAN
Enterprise Server SAN
By Technology
Fiber Channel (FC)
Fiber Channel Over Ethernet (FCoE)
InfiniBand
iSCSI Protocol
By Organization Size
Small & Medium Businesses
Large Business
By End-User Industry
Banking, Financial Services & Insurance (BFSI)
Retail & E-commerce
IT & Telecommunication
Energy & Utility
Government Offices
Education
Aerospace & Defense
Healthcare
Manufacturing
Others
Transportation & Logistics
By Geography
North America
U.S.
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
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Key Developments in the Market:
In January 2017, Hewlett Packard Enterprise acquired the leader in hyper-converged infrastructure and storage maker company, SimpliVity. SimpliVity integrates storage, computing, and networking in the same hardware, which is called hyper-converged system. This integration would provide several benefits, such as such as cost control, increased performance etc. which would further lead to the growth of the entire storage market.
In November, 2017, Broadcom acquired network gear maker and fibre channel maker, Brocade Communications Systems Inc. This acquisition would strengthen Broadcom’s position as a pioneer of enterprise storage and networking solutions and help them in better serving their OEM customers.
Competitive Analysis: Global Storage Area Network (SAN) Solutions Market
Global storage area network (SAN) solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of storage area network (SAN) solutions market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Major Market Competitors/Players: Global Storage Area Network (SAN) Solutions Market
Few of the major competitors currently working in the storage area network (SAN) solutions market are IBM Corporation, FUJITSU, Oracle, Hewlett Packard Enterprise Development LP, Hitachi, Ltd., Cisco, DataDirect Networks, NEC Corporation, NetApp, Pure Storage, Inc., Huawei Technologies Co., Ltd., IDG Communications, Inc., Dell Inc., Citrix Systems, Inc., Nutanix, DataCore Software, Scale Computing, StorMagic. and Nexenta Systems, Inc. amongst others.
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Data Bridge Market Research
Tel: +1-888-387-2818
Email: Sopan.gedam@databridgemarketresearch.com
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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