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Global Storage Area Network (SAN) Solutions Market – Industry Trends and Forecast to 2030

  • ICT
  • Upcoming Report
  • Dec 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • ICT
  • Upcoming Report
  • Dec 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Storage Area Network (SAN) Solutions Market, By Component (Hardware, Software, Services), Technology (Fiber Channel (FC), Fiber Channel Over Ethernet (FCoE), InfiniBand, iSCSI Protocol), SAN Type (Hypercscale Server SAN, Enterprise Server SAN), End-Use Industries (BFSI, E-Commerce, IT and Telecommunication, Energy and Utility, Government Offices and Education, Aerospace and Defense, Others) – Industry Trends and Forecast to 2030.

Storage Area Network (SAN) Solutions Market

Storage Area Network (SAN) Solutions Market Analysis and Size

The storage area network (SAN) market is expected to grow at a substantial rate in the forecast period. The drop in total infrastructure expenses for data centers and the growth of the digital economy are both highly responsible for the growth of the market. According to the World Bank estimations, the digital economy makes up around 15.5% of the global GDP and has increased 2.5 times faster than the global GDP in last 15 years. A rise in businesses keeping their data digitally can be recognized to the growth of the digital economy.

Data Bridge Market Research analyses that the storage area network (SAN) solutions market was valued at USD 20,417.76 million in 2022 and is expected to reach the value of USD 65565.44 million by 2030, at a CAGR of 15.70% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Storage Area Network (SAN) Solutions Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Component (Hardware, Software, Services), Technology (Fiber Channel (FC), Fiber Channel Over Ethernet (FCoE), InfiniBand, iSCSI Protocol), SAN Type (Hypercscale Server SAN, Enterprise Server SAN), End-Use Industries (BFSI, E-Commerce, IT and Telecommunication, Energy and Utility, Government Offices and Education, Aerospace and Defense, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

4DS Memory Limited (Australia), Adesto Technologies Corporation. (U.S.), Avalanche Technology (U.S.), Cypress Semiconductor Corporation. (U.S.), Everspin Technologies Inc. (U.S.), FUJITSU (Japan), IBM (U.S.), Microchip Technology Inc. (U.S.), Nantero. (U.S.), SAMSUNG (South Korea), Rambus (U.S.), SK HYNIX INC. (South Korea), Spin Memory Inc. (U.S.), NXP Semiconductors. (Netherlands), Toshiba CORPORATION (Japan), Texas Instruments Incorporated. (U.S.), Western Digital Corporation (U.S.) and Viking Technology (U.S.)

Market Opportunities

  • Rapid Digitization
  • Penetration of Internet of things (IoT) in multiple Industries

Market Definition

Storage area network (SAN) is well-defined as a computer network that gives access to integrated and block-level data storage. It is an efficient, speedy data transfer network responsible for connectingconnects storage devices such as tape libraries or disk arrays, allowing users to access an integrated and block level storage. It eliminates the requirement to maintain separate storage. It also aids in speedy and very quick data transfers. It enables centralized backup of stored data and allows viewing the stored data on local disks.

Storage Area Network (SAN) Solutions Market

Drivers

  • Increasing usage of storage area network (SAN) in small enterprises

The usage of storage area network (SAN) is increasing along with the growth of medium and small sized enterprises (SMEs) all over the globe. The major factor for the adoption of storage area network (SAN) in small enterprises are its advantages such as centralized power, cloud resources and flexibility. These factors are anticipated to boost the growth of the market. Small sized enterprises (SMEs) enterprises make up nearly 99% of all businesses globally.

  • Rising usage of e-commerce websites

The usage of online channels among c consumer has increased due to increasing usage of e-commerce website. Storage area network (SAN) solutions are employed in this situation, generally to store important information and data in databases with a lot of traffic to increase performance and efficiency. For instance, there are about 11 million to 23 million e-commerce websites in existence and that number is increasing daily worldwide. Furthermore, it is expected that over 96 percent of all sales would be made online by 2040.

Opportunities

  • Rapid Digitization

The increased digitization of information in commercial and residential areas owing to the augmented use of mobile computing devices such as tablets, smartphones, and laptops will boost the market growth. Furthermore, the increase in generation of digital information across many industry verticals such as BFSI and retail among others has a positive impact on the market growth.

  • Penetration of Internet of things (IoT) in multiple Industries

The upsurge in the penetration of internet of things (IoT) in multiple Industries such as manufacturing and retail, healthcare, among others supporting the adoption of cloud computing which will acreate immense opportunities for the growth market during forecast period 2023 to 2030.

 Restraints

  • Lack in awareness

Lack of awareness regarding deployment issues and new era of storage technology owing to complex integration are some of the major factors that are restraining the market's growth, and will further challenge the storage area network (SAN) solutions market during the forecast period of 2023-2030.

This storage area network (SAN) solutions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the storage area network (SAN) solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Storage Area Network (SAN) Solutions Market Scope

The storage area network (SAN) solutions market is segmented on the basis of component, technology, san type and end-use industries. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

  • Hardware
  • Software
  • Services
  • Consulting
  • System Integration
  • Support & Maintenance

 Technology

  • Fiber Channel (FC)
  • Fiber Channel over Ethernet (FCoE)
  • InfiniBand
  • iSCSI Protocol

SAN Type

  • Hypercscale Server SAN
  • Enterprise Server SAN

End-Use Industries

  • BFSI
  • E-Commerce
  • IT and Telecommunication
  • Energy and Utility
  • Government Offices and Education
  • Aerospace and Defense
  • Others

Storage Area Network (SAN) Solutions Market Regional Analysis/Insights

The storage area network (SAN) solutions market is analyzed and market size insights and trends are provided by country, component, technology, san type and end-use industries as referenced above.

The countries covered in the storage area network (SAN) solutions market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the storage area network (SAN) solutions market in terms of revenue and market share owing to rise in permeation and adoption of storage area networks (SAN) solutions in different countries. Furthermore, rise in the nominal intervention with network traffic will likely to enhance the market growth rate in this region.

Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 due to growing popularity of e-commerce websites in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Storage Area Network (SAN) Solutions Market Share Analysis

The storage area network (SAN) solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to storage area network (SAN) solutions market.

Some of the major players operating in the storage area network (SAN) solutions market are:

  • 4DS Memory Limited (Australia)
  • Adesto Technologies Corporation. (U.S.)
  • Avalanche Technology (U.S.)
  • Cypress Semiconductor Corporation. (U.S.)
  • Everspin Technologies Inc. (U.S.)
  • FUJITSU (Japan)
  • IBM (U.S.)
  • Microchip Technology Inc. (U.S.)
  • Nantero. (U.S.)
  • SAMSUNG (South Korea)
  • Rambus (U.S.)
  • SK HYNIX INC. (South Korea)
  • Spin Memory Inc. (U.S.)
  • NXP Semiconductors. (Netherlands)
  • Toshiba CORPORATION (Japan)
  • Texas Instruments Incorporated. (U.S.)
  • Western Digital Corporation (U.S.)
  • Viking Technology (U.S.)


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Frequently Asked Questions

The Storage Area Network (SAN) Solutions Market is projected to grow at a CAGR of 15.70% during the forecast period by 2030.
The future market value of the Storage Area Network (SAN) Solutions Market is expected to reach USD 65565.44 million by 2030.
The major players in the Storage Area Network (SAN) Solutions Market are 4DS Memory Limited (Australia), Adesto Technologies Corporation. (U.S.), Avalanche Technology (U.S.), Cypress Semiconductor Corporation. (U.S.), Everspin Technologies Inc. (U.S.), FUJITSU (Japan), IBM (U.S.),etc.
The countries covered in the Storage Area Network (SAN) Solutions Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, etc.