Press release
Storage Area Network SAN Market size and Key Trends in terms of volume and value 2015-2025
Storage area network is a high performance, high speed, secured, data transfer network which connects storage devices like disk arrays, tape libraries to the server and offers access to consolidated block level storage. Storage area network basically combines the computational and the shared storage and eliminate the requirement of a separate storage. Storage area network can support a very high speed data transfer. For example, Fiber channel – a high speed network technology – used to connect computer data storage at the retrieval rate of 5Gbps. Storage to storage data transfer can also be done with no server intervention which helps in minimizing external load of the server. One of the major benefits of using storage area network is centralized backup. In centralized backup servers, user have backup in the main server and can view stored data on local disks. Some of the other features of storage area networks are storage virtualization and dynamic failover protection. Moreover, easy availability and increase in I/O performance with increase in number of interconnected devices make server service area network an efficient system.
Global Storage Area Network (SAN) Market - Segmentation
Storage area network market (SAN) is segmented on the basis of solution, type, services, verticals and region. On the basis of solution, the global storage area network market can be segmented into hardware and software. On the basis of type, the market can be segmented as hyperscale network and enterprise network. The market can also be segmented on the basis of service which includes system integration service, consulting services, training and support service. Verticals include public sector, manufacturing sector, energy and utility sector, telecommunication sector, transportation sector, banking, finance, services and insurance (BFSI) and other. Regionally, the storage area network can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia-Pacific Excluding Japan (APEJ), Japan, and Middle East and Africa (MEA). Currently, North America dominates the storage area network market and is expected to continue its dominance over the forecast period, followed by Western Europe.
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Global Storage Area Network (SAN) Market - Drivers
Increasing demand for data centers to store large amount of data generated by business operations and the need for efficient data management solutions are driving the growth of storage area network market across worldwide. Storage area network solutions enable organizations to control and manage the cost associated with the up-gradation of the infrastructure such as flash, server, storage subsystem etc. and solves the infrastructure complexity problems. These are some of the factors fueling the growth of the global storage area network market.
Global Storage Area Network (SAN) Market - Restraints
Lack of awareness across vertical especially in emerging markets such as Brazil, Argentina, and North Africa, about the benefits of new storage technologies and deployment problems due to complex integration structure and some other technical issues are the factors that are hindering the growth of global storage area network market.
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Global Storage Area Network (SAN) Market - Competitive Landscape
Key players in the global storage area network solution market focus on introduction of advanced solutions in order to improve their offerings and strengthen position in the market. In 2014, Hewlett-Packard launched HP Storefabric SN1000Q 16 GB Fibre channel, which offers easy connectivity between servers and storage in a data center.
Global Storage Area Network (SAN) Market - Key Players
Some major players in the market that are contributing significantly to the global server storage area network market include EMC Co., Hewlett-Packard (HP) Co., Citrix systems Inc., Nutanix Inc., Data-Core Systems Inc., Hitachi Ltd., Scale Computing Inc., SimpliVity Corp. and others.
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