Storage Area Network (SAN) Solutions Market - Snapshot
Storage area network or SAN is a network of storage systems that delivers block-level storage services to networked devices. A storage area network is the storage solution used when high quality performance has to be delivered to a large number of concurrent users. These solutions are used as the storage layer for high-volume transactional systems, or for densely virtualized infrastructure. The market for storage area network solutions is forecasted to grow to US$ 24,461.5 Mn by 2026, recording a CAGR of 4.4%.
The advancement in technologies and business operations leads to generation of excessive amount of data on a day-to-day basis. More storage servers, spaces, devices, and related hardware are requiredto efficiently manage this vast data, which imposes additional cost on data center infrastructure. Redundant Arrays of Inexpensive Disks (RAID) and other storage technologies are no longer viable to manage the exponential increase in data. SAN solutions are an effective alternative that makes this enormous data manageable and accessible. Providing effective data storage management focused solutions have opened doors for new entrants in the storage area network solutions market. Shared storage, centralized control, and flexibility to share capacity between multiple hosts are the key factors responsible for driving the product within the small and medium scale business. Increased ICT spending is also expected to buckle up the global storage area network solutions market. These factors are likely to augment the demand for storage area network solutions, contributing to the growth of the market during the forecast period.
Another major driver of the storage area network solutions market is its low upgrade cost. Rising amount of data every day leads to complexity and additional cost of infrastructure, once the maximum storage capacity is reached within a firm. The upgrade of data center infrastructure entails additional cost for storage subsystem, servers, and network attached storage (NAS). SAN solutions minimizes these additional or upgrade costs as storage management in this system is based on low software cost and is independent of additional hardware storage.
The storage area network solutions market is segmented on the basis of components, technology, and end-use. Based on components, the market has been segmented into hardware, software, and services (consulting, system integration, support & maintenance). The hardware component held major share in 2016 and is expected to dominate the market till the end of 2027. However, the software segment is set to grow with the highest CAGR by the end of the forecast period. Based on technology, the market has been segmented into Fibre Channel (FC), Fibre Channel over Ethernet (FCoE), infiniBand, and iSCSI Protocol. The Fibre Channel technology segment held the major share in 2016 in the overall storage area network solutions market. In terms of end-use, the market has been bifurcated into BFSI, retail & e-commerce, government & education, military & defense, healthcare, IT & telecom, energy & utilities, manufacturing, and others (logistics & transportation).
In terms of region, North America is expected to hold a major share in the storage area network solutionsmarket.Growth in this region is attributed to strong adoption and penetration of storage area network solutions software, hardware, and services, as well as considerable application of storage area network solutions in different end-user segments across the region. The market in Asia Pacific is expected to witness lucrative growth due to rising adoption of such software in India, Japan, Philippines, and Singapore. Furthermore, the markets in Middle East & Africa (MEA) and South America are also expected to grow significantly during the forecast period.
Attracted by fast technological advancements and rising spending in the ICT sector, many players are driven to develop comprehensive suites comprised of hardware, and software. Some of the key players profiled in the storage area network solutions market report include Hewlett Packard Enterprise Development L.P., Hitachi Data Systems Corporation, Dell, Inc., IBM Corporation, and Cisco Systems, Inc., QLogic Corporation, Nutanix, Inc., DataCore Software Corporation, and NEC Corporation.
Storage Area Network (SAN) Solutions Market: Overview
The storage area network (SAN) solutions market report provides analysis for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers all the major trends and technologies playing an influential role in the market’s growth over the forecast period. It also highlights the market dynamics, which comprise drivers, restraints, and opportunities,along with impact of these factors at the global and regional level for the analysis of market growth during the said period. The study provides a complete perspective on the evolution of the global storage area network (SAN) solutions market throughout the above mentioned forecast period in terms of revenue (US$ Mn).
The market overview section of the report demonstrates market dynamics such as drivers, restraints, and opportunities that influence the current nature and future status of this market and key indicators, integration challenges, and trends of the market. Further, key market indicators included in the report provide significance of the factors that are capable of changing the market scenario. These indicators are expected to define the market position during the forecast period and provide an overview about the global SAN solutions market. The market overview section also includes price trend analysis, which includes analysis of pricing model by technology offered by SAN solution vendors. In addition, market opportunity assessment has been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the SAN solutions market. The report also provides an overview of various strategies adopted by key players in the market.
Global Storage Area Network (SAN) Solutions Market: Scope of the Report
The report segments the market on the basis of component into software, hardware, and services (consulting, system integration, and support & maintenance). Based on technology, the market is segmented into Fiber Channel (FC), Fiber Channel over Ethernet (FCoE), InfiniBand, and iSCSI Protocol. In terms of industry, the market is classified into BFSI, retail and e-commerce, IT and telecommunication, energy and utility, government offices and education, aerospace and defense, healthcare, manufacturing, and others such as transportation and logistics. The report provides in-depth segment analysis of the global SAN solutions market, thereby providing valuable insights at the macro as well as micro levels.
The report also highlights the competitive landscape of the global SAN solutions market, positioning all the major players according to their presence in different regions of the world and recent key developments initiated by them in the SAN solutions market. The comprehensive market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic,and technological factors along with the current market dynamics affecting the SAN solutions market growth.
This report provides all the essential information required to understand the key developments in the SAN solutions market and growth trends of each segment and region. It also includes companies’ strategies, financial information, regional presence and developments under the company profile section. The report also provides insights related to trends and their impact on the market. Furthermore, Porter’s Five Forces analysis explains the five forces, namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the SAN solutions market. This report provides a comprehensive ecosystem analysis of the SAN solutions market. It explains the various participants, including software & hardware vendors, system integrators, intermediaries, and end-users within the ecosystem of the market.
Global Storage Area Network (SAN) Solutions Market: Research Methodology
The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Secondary research sources such as annual reports, company websites, broker reports, financial reports, SEC filings and investor presentations, national government documents, internal and external proprietary databases, statistical databases, relevant patent and regulatory databases, market reports, government publications, statistical databases, World Bank database, and industry white papers are referred.
Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the SAN solutions market,across geographies. Primary interviews are usually conducted on an ongoing basis with industry expertsand participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer firsthand information on important factors such as market trends, market size, competitive landscape,growth trends, outlook etc. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.
Global Storage Area Network (SAN) Solutions Market: Competitive Dynamics
The research study includes profiles of leading companies operating in the global SAN solutions market. Key players profiled in the SAN solutions market include Dell Technologies Inc., Hewlett Packard Enterprise, IBM Corporation, NetApp, Inc., Hitachi Ltd., Huawei Technologies Co., Ltd., Oracle Corporation, Pure Storage, Inc.,DataDirect Networks, Fujitsu Limited, IDG Communications, Inc.,NEC Corporation, and Cisco Systems, Inc.
The global storage area network (SAN) solutions market is segmented as below:
Global Storage Area Network (SAN) Solutions Market, by Component
- System Integration
- Support & Maintenance
Global Storage Area Network (SAN) Solutions Market, byTechnology
- Fibre Channel (FC)
- Fibre Channel over Ethernet (FCoE)
- iSCSI Protocol
Global Storage Area Network (SAN) Solutions Market, by Industry
- Retail and e-Commerce
- IT and Telecommunication
- Energy and Utility
- Government Offices and Education
- Aerospace and Defense
- Others (Transportation and Logistics)
Global Storage Area Network (SAN) Solutions Market, by Geography
- North America
- The U.S.
- Rest of North America
- The U.K
- Rest of Europe
- Asia Pacific (APAC)
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America