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Storage Area Network (SAN) Solutions Market By Component Type (Software and Hardware), By Services (Consulting, System Integration and Support & Maintenance), By Server (Hyperscale and Enterprise Server SAN), By Technology (Fiber Channel, Fiber Channel over Ethernet, InfiniBand and iSCSI Protocol), By Industrial Vertical (BFSI, Retail & E-Commerce, IT & Telecom, Energy & Utilities, Government, Education, Aerospace, Healthcare) – Growth, Future Prospects, and Competitive Analysis, 2019 - 2027

"Continued Emphasis on Network Management to Bolster the Demand for Storage Area Network (SAN) Solutions"

Storage Area Netwrok (SAN) Solutions market expected to reach at the market value of US$ 25.8 Bn in 2027, with promising CAGR during the forecast period from 2019 to 2027. Storage area network (SAN) refers to the network with primary purpose to transfer data across computer systems and storage elements. SAN includes management layer that organizes storage elements, connections and computer systems so that data transfer becomes more secured and robust. SAN eliminates any constraints to amount of data that server can access. Limited number of storage devices that attached to the individual server limits traditional server systems functionality. Instead, SAN introduced flexibility of networking to enable one server or several heterogeneous servers to share a common storage utility. With several other benefits over its counterparts, SAN expected to witness the promising adoption across the forecast period. 

Market Synopsis

Storage Area Network (SAN) Solutions Market

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"Hardware Segment Accounted as the Largest Contributor; Software Segment to Emerge as the Fastest Growing Segment in Storage Area Network (SAN) Market"

Storage Area Network (SAN) built up from unique hardware components that are configured together to form the physical system. RAID storage systems, bridges, hubs, servers, switches, backup devices, interface cards and cabling among others form storage system that facilitate the policies of an IT organization. Number of standards that are involved with SANs are concerned with interoperability. Some of these standards are still evolving and have not been equally adopted by all manufacturers of equipment used in SAN. This leads to difficulties while matching up devices from different vendors and suppliers. However, with promising investment by leading players in technological development of hardware, the segment expected to grow with steady rate.

Similarly, software segment projected as the fastest growing segment in overall Storage Area Network (SAN) market worldwide. Several organizations are focusing for notable improvement in the way they organize their internal storage system through efficient data management process. Leading private and public organizations are collaborating with SAN software providers to cater more dynamic demand of consumers.

Storage Area Network (SAN) Solutions Market

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"Promising Upsurge of End-use Industry Verticals to Ensure Higher Growth Rate of Asia Pacific Market"

At present, North America is the leader in overall Storage Area Network (SAN) market. With adoptive nature of North America market towards advanced technology, Storage Area Network (SAN) market here projected to witness steady surge across the forecast period. Furthermore, Asia Pacific market accounted to be the fastest growing regional market across the forecast period. Asia Pacific IT & Telecommunication market is complex ecosystem of governments, start-ups, SMEs and other large multinational companies. Primarily driven by a blend of growing middle class population, technological innovation and rising urbanization, the ICT industry expected to witness significant growth in following years. Subsequently, rapid growth of other end-use industry verticals expected to drive the promising SAN solution market growth here.

Storage Area Network (SAN) Solutions Market

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Key players of global Storage Area Network (SAN) market include Hewlett-Packard Development Company, L.P., Datacore Software, EMC Corporation, NexentaStor, SimpliVity, Nutanix, Scale Computing, Citrix Systems, Inc., Hitachi, Ltd., StorMagic and others.

Storage Area Network (SAN) Solutions Market

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

Storage Area Netwrok (SAN) market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global Storage Area Network (SAN) market based on component type, services, server type, technology, industry and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Component type Segment (2017–2027; US$ Bn)
 • Software
 • Hardware

 Services type Segment (2017–2027; US$ Bn)
 • Consulting
 • System Integration
 • Support & Maintenance

 Server type Segment (2017–2027; US$ Bn)
 • Hyperscale Server SAN
 • Enterprise Server SAN

 Technology Segment (2017–2027; US$ Bn)
 • Fiber Channel (FC)
 • Fiber Channel over Ethernet (FCoE)
 • InfiniBand
 • iSCSI Protocol

 Industrial Vertical Segment (2017–2027; US$ Bn)
 • IT & Telecommunications
 • Retail & E-commerce
 • Healthcare
 • Banking, Financial Services and Insurance (BFSI)
 • Energy & Utilities
 • Government
 • Education
 • Manufacturing
 • Aerospace & Defense
 • Others (Transportation & Logistics, etc.)

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., France, Germany, Rest of Europe)
 • Asia Pacific (Japan, China, India, Rest of APAC)
 • Rest of the World (Latin America, Middle East & Africa)

Key questions answered in this report

  • What was the market size of Storage Area Network (SAN) in 2018 and forecast up to 2027?
  • Which is largest regional market for Storage Area Network (SAN)?
  • What are the key market trends observed in the Storage Area Network (SAN) market?
  • Which are the most promising component type, services type, server type, technology and industrial vertical Storage Area Network (SAN) market?
  • Who are the key players leading the market?
  • What are the key strategies adopted by the leading players in market?
  • What are the key end-use industrial vertical trends across different geographies and sub-geographies?
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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  May 2019
Category:  Technology & Media
Report ID:   59706
Report Format:   PDF
Pages:   120
Rating:    4.2 (58)
Delivery Time: 24 Hours to 48 Hours   
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