Press release
Who are the distributors, traders and dealers of Storage Area Network Market? Top Players in Storage Area Network Market are Hewlett Packard Enterprise Development L.P., Hitachi Data SystemsCorporation, Dell, Inc., IBM Corporation, Cisco Systems, Inc., QL
The explosion of the internet web content and the increasing deployment of large database applications, the demand for storage area network (SAN) has surged. The demand is poised to surge exponentially in the near future as an increasing number of businesses become more independent on their ability of storing, retrieving, and processing data. According to Fortune Business Insights, the increasing demand for high speed storage networks will invariably give tailspin to the storage area network market growth. In a report, titled "Storage Area Network" Market Size, Share and Global Trend By Component (Software, Hardware, Services), By Technology (Fiber Channel (FC), Fiber Channel Over Ethernet (FCoE), InfiniBand, iSCSI Protocol), By Industry Vertical (BFSI, Retail and E-commerce, IT and Telecommunication, Energy and Utility), and Geography Forecast till 2026 it offers a comprehensive overview of the global market.Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/storage-area-network-market-100762
The report is compiled with the intent of helping companies take a stock of prevailing storage area network market trends. It therefore categorizes the market in terms of various parameters such as component, technology, industry vertical, and region. Furthermore, the report gauges the impact of recent industry developments and strategies adopted by leading companies to gain competitive edge. Factors enabling growth of the market across key segments are analyzed in detail as well.
North America and Europe to Offer Lucrative Growth Opportunities
Regionally, the global storage area network market can be segmented into North America, Asia Pacific, the Middle East and Africa, Latin America, and Europe. Of these, North America is expected to hold dominance in the global market. In Europe the data center spending is likely to increase by 6 percent annually through 2020. In Asia Pacific as well the market is forecast to flourish on account of the increasing IT investment.
Some of the leading companies operating in the global storage area network market are
Hitachi Data Systems Corporation
Dell, Inc.
Hewlett Packard Enterprise Development L.P.
IBM Corporation
QLogic Corporation
Cisco Systems, Inc.
DataCore Software Corporation
Nutanix, Inc.
Fujitsu Limited
NetApp Inc.
DataDirect Networks
IDG Communications, Inc.
Pure Storage Inc.
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Key Market Driver -
The number of data centres are increasing causing the rise in storage management
The advanced technology such as IoT and AI are increasing the amount unstructured data
Key Market Restraint -
The rise in data will increase the cost of storage
Application in Diverse Sectors to Boost Growth
In terms of end user, the storage area network market can be categorized into e-commerce and retail, energy and utility, banking, financial services and insurance, manufacturing, aerospace and defense, government offices, healthcare, education, IT and telecommunication, military, healthcare, and others. In the coming year SAN applications are likely to surge across diverse sectors, paving way for the market's growth.
To offer insights into prevailing competition, the report profiles some of the leading companies operating in the global market. It also gauges the impact of the latest industry developments on the overall market. Recently in February 2019, Pure Storage and Rackspace announced their collaborative effort to use Block Storage Solution along-side Ultra-Fast Performance to accelerate the Value of Cloud. Through this, the company aims at enabling improvement in performance of eCommerce databases, artificial intelligence, disaster recovery, machine learning, and the Internet of Things. Such developments are very crucial for the SAN market, as they give tailspin to the growth witnessed over the past few years.
Key Industry Developments
July 2017: IBMZ, the next generation of the world's most powerful transaction system, has announced a new storage that is running more than 10 billion encrypted transactions per day. They have increased Storage Area Network response time with zHyperLink, by 10x latency reduction compared to the earlier network thus cutting application response time to half. Businesses are able to do the transactions through IoT and cloud without changing a single line of application code.
February 2019: Rackspace and Pure Storage Collaboratively announced to accelerate the Value of Cloud through Block Storage Solution with Ultra-Fast Performance. This will enable high performance for eCommerce, databases, disaster recovery, artificial intelligence, Internet of Things and machine learning
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Key Segmental Overview:
1. By Component
Software
Hardware
Services
Consulting
System Integration
Support
Maintenance
2. By Technology
Fiber Channel (FC)
Fiber Channel Over Ethernet (FCoE)
InfiniBand
iSCSI Protocol
3. By Industry Vertical
BFSI
Retail and E-commerce
IT and Telecommunication
Energy and Utility
Government Offices
Education
Aerospace and Defence
Healthcare
Manufacturing
Others
4. By Geography
North America (USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)
Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
For more information in the analysis of this report https://www.fortunebusinessinsights.com/industry-reports/storage-area-network-market-100762
Major Table of Content for Storage Area Network Market:
Introduction
Executive Summary
Market Dynamics
Key Insights
Global Storage Area Network Market Analysis, Insights and Forecast, 2026
North America Storage Area Network Market Analysis, Insights and Forecast, 2026
Europe Storage Area Network Market Analysis, Insights and Forecast, 2026
Asia Pacific Storage Area Network Market Analysis, Insights and Forecast, 2026
The Middle East and Africa Storage Area Network Market Analysis, Insights and Forecast, 2026
Latin America Storage Area Network Market Analysis, Insights and Forecast, 2026
Competitive Landscape
Company Profile
Conclusion
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Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact Us:
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
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