Multiprotocol Storage Market Foreseen to Grow exponentially over 2027

In today’s world, multiple storage protocols are implemented in the same network due to complex storage networking environments and adoption of converged, or unified networking. Multiprotocol storage also known as unified or federated storageis a computer storage system that provides block storage and file storage access in a single integrated hardware package, without any requirement of external or third-party gateways, bridges or routers. Multiprotocol storage products helps in adapting various application requirements by integrating block-based access using serial-attached SCSI (SAS), Fibre Channel and iSCSI, along with network attached storage (NAS) or file-based access using NFS and CIFS for file sharing in a solution package.

Multiprotocol storage assists in planning overall storage capacity consumption, and provides support for server virtualization initiatives. It also offers a gateway approach, allowing enterprises to add a speciality file server to a storage system they already own, which results in extending the useful life of system and balanced usage of asset.

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Multiprotocol Storage Market: Drivers and Restraints

Factors such asreduced hardware requirements, lower capital expenditures for the enterprise, simple and centralized management of storage administration tasks compared to separate products, improved data availability and performance, and increased connectivity and utilization resulting in stable operational processes are driving the growth of multiprotocol storage market.

However, factors such as operational control limitations leading to reduced or variable storage performance, requirement of data backup strategy to avoid performance issues are hindering the growth of multiprotocol storage market.

Multiprotocol Storage Market: Segmentation

Segmentation on basis of Deployment for Multiprotocol StorageMarket

On the basis of deployment it can be sub-segmented into:

Public cloud

Private cloud

Hybrid cloud

Segmentation on basis of Type for Multiprotocol StorageMarket

On the basis of type it can be sub-segmented into:

Network attached storage

Storage area network

Computed storage

Segmentation on basis of End-user Size for Multiprotocol StorageMarket

On the basis of end-user size it can be sub-segmented into:

Small enterprises

Medium enterprises

Large enterprises.

Segmentation on basis of End-user Vertical for Multiprotocol StorageMarket

On the basis of end-user vertical it is further segmented into:

BSFI

IT and Telecommunications

Transportation and Logistics

Manufacturing

Government and Defence

E-commerce

Healthcare

Energy and Utilities

Retail

Media and Entertainment

Others

Segmentation on basis of Region for Multiprotocol StorageMarket

North America

Latin America

Asia Pacific

Japan

Eastern Europe

Western Europe

Middle East & Africa

Multiprotocol Storage Market: Regional Trends

North America region is the largest market for multiprotocol storage due to the presence of wide variety of end-user enterprises and competitive environment between them. In Europe, multiprotocol storage market is growing at a significant pace due to changing technology and industry landscape. Multiprotocol storage market growth in Asia-Pacific region is at a considerable pace due to large scale outsourcing of data storage services in this region. Latin America and Middle East multiprotocol storage market is at an emerging stage due to rise in business demands and IT needs.

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Multiprotocol Storage Market: Key Players

IBM Corporation, Cisco, NetApp, NTT Communications Corporation, EMC Corporation, Avere, Hewlett-Packard, and Zadara Storage some key players in multiprotocol storage market.

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