Storage Area Networks Market

Global Storage Area Networks Market Size, Share & Trends Analysis Report By Solution (Hardware, Software), By Service (System integration service, Professional service), By Type (Hyperscale, Enterprise), Forecast (2021-2027)
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2024616 | Category : Communication and Connectivity Technology | Delivery Format: /

The market for Storage Area Networks is anticipated to grow at significant CAGR of XX% during forecast period. A computer network that provides access to integrated, block-level data storage is known as a storage area network (SAN) or storage network. It's a fast, efficient data transfer network that'll connect storage devices like disc arrays and tape libraries, allowing users to access integrated, block-level storage. It eliminates the need for separate storage. It facilitates extremely fast data transfers. It provides for centralised data backup as well as viewing of stored data on local storage.

A rise in the minimal intervention with network traffic, as well as a centralised backup that prevents data loss, an increase in the demand for efficient backup operations, and growing use of SANs among SMEs, are among the major factors boosting the storage area network (SAN) market. Furthermore, in the projected period, rising technical improvements and modernization in the education system, rising research and development activities, and rising demand from emerging economies will all generate new opportunities for the storage area network (SAN) market.

The market for storage area network (SAN) is being driven by increased collaboration between hardware makers and educational content producers. However, a rise in poor awareness about the new era of storage technology, as well as deployment challenges due to complex integration, are among the primary reasons limiting market growth, and will continue to pose a threat to the storage area network (SAN) market over the  forecast period.

Market Coverage

  • The market number available for – 2020-2027
  • Base year- 2020
  • Forecast period- 2021-2027
  • Segment Covered- 

o By Solution

o By Service

o By Type

o By End User

Competitive Landscape:  

IBM Corporation, FUJITSU, Oracle, Hewlett Packard Enterprise Development LP, Hitachi, Ltd., Cisco and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominates the market in base year?
  • Which segment and region will project fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Detailed Segmentation:  

Storage Area Network Market, By Solution

Hardware

Software

Storage Area Network Market, By Service

System integration service

Professional service

Storage Area Network Market, By Type

Hyperscale

Enterprise

Storage Area Network Market,  By End User

Small and Medium Business (SMB)

Large Business

Others

Storage Area Network Market, By Geographic Region 

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe 

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific 

Rest of the World