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Will Covid-19 Impact On Storage Area Network (SAN) Market ? - Identify Which Types Of Companies Could Potentially Benefit
UPDATE:All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement, please check for with the sales team.A storage area network refers to a high-speed network, which 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 performances, 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.
The global Storage Area Network (SAN) Market was accounted for US$ 17,823.4 Mn in terms of value in 2019 and is expected to grow at CAGR of 3.5% for the period 2020-2027.
Major Keyplayers Like : 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.
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Rising penetration of e-commerce websites can provide significant growth opportunities
Growing proliferation of e-commerce websites has increased adoption of online channels among consumers. These e-Commerce applications are highly resource-intensive, owing to the kind of requests that are processed simultaneously per second. Thousands of customers visit, make orders and pay, per second, and all this information is needed to be stored in the database for later retrieval. SANs are being used to store information about high traffic databases, owing to high performance and rapid I/O characteristics.
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The Storage Area Network (SAN) market report - Elucidated with regards to the regional landscape of the industry:
The geographical reach of the Storage Area Network (SAN) market has been meticulously segmented into United States, China, Europe, Japan, Southeast Asia & India, according to the report.
The research enumerates the consumption market share of every region in minute detail, in conjunction with the production market share and revenue.
Also, the report is inclusive of the growth rate that each region is projected to register over the estimated period.
The Storage Area Network (SAN) market report - Elucidated with regards to the competitive landscape of the industry
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