Product Code: CMI3797
The global storage area network (SAN) market is estimated at US$ 17.46 Billion in 2023, and is projected to reach US$ 25.48 Billion by 2030, exhibiting a CAGR of 5.5% over the forecast period (2023-2030).
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 17.46 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
5.50% |
2030 Value Projection: |
US$ 25.48 Bn |
Global Storage Area Network (SAN) Market Share (%), By Region, 2022
A storage area network refers to a high-speed network that interconnects and presents a shared band of storage devices to various servers. SANs are typically helpful in backup and disaster recovery settings. SANs are used to enhance the capacity of mass storage devices such as optical jukeboxes, tape libraries, and disk arrays that have access to servers. Increasing volumes of critical data being accumulated in the global business environment have led to an increased need for better performance, manageability, availability, and security of data storage assets among enterprises. Furthermore, many enterprises are focused on implementing specialized storage networks that can aid businesses in attaining operational efficiencies.
Market Dynamics
Previously, in a conventional approach, local area network (LAN) was used for data backup and restore functions that are particularly slow and significantly impact the efficiency of the whole operation. On the contrary, in the SAN approach, data moves smoothly across the SAN to tape devices as it does not utilize critical server I/O or CPU resources. Several issues can be improved with the integration of high-performance backup and restore capabilities with data availability and device sharing. This includes performance degradation, extended downtime periods, and shrinking backup windows. However, the increase in overall server efficiency with server-less backup offered by SAN architecture is fueling adoption of SAN across various verticals. Thus, these factors are expected to drive growth of the market in the near future. Increasing usage of SANs among small and medium-sized enterprises (SMEs) is expected to boost the market growth, especially in emerging economies. This adoption of SANs among smaller organizations is mainly driven by the benefits offered by SANs such as flexibility, shared storage, and centralized control, in order to share capacity between multiple hosts. As a result of this, major SAN solution providers are constantly focused on products that are easy to use and cost-effective for smaller enterprises, which in turn, is expected to boost the global storage area network (SAN) market growth over the forecast period.
Key features of the study:
- This report provides an in-depth analysis of the global storage area network (SAN) market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global storage area network (SAN) market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as a part of this study are IBM Corporation, Brocade Communications Systems, Inc., Dell Inc., QLogic Corporation, Citrix Systems, Inc., Hitachi Data Systems, NetApp, Inc., Hewlett-Packard Company, DataCore Software, NEC Corporation, Nutanix, and Cisco Systems, Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global storage area network (SAN) market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global storage area network (SAN) market
Detailed Segmentation
- Global Storage Area Network (SAN) Market, By Component:
- Software
- Hardware
- Service
- Consulting
- System Integration
- Support & Maintenance
- Global Storage Area Network (SAN) Market, By SAN Type:
- Virtual SAN
- Conventional SAN
- Global Storage Area Network (SAN) Market, By Technology:
- FibreChannel (FC)
- FibreChannel Over Ethernet (FCOE)
- InfiniBand
- iSCSI Protocol
- Global Storage Area Network (SAN) Market, By End User:
- Global Storage Area Network (SAN) Market, By Verticals:
- BFSI
- Retail and e-Commerce
- IT and Telecommunication
- Energy and Utility
- Government Offices and Education
- Aerospace and Defense
- Healthcare
- Manufacturing
- Others (Transportation and Logistics)
- Global Storage Area Network (SAN) Market, By Region:
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Brocade Communications Systems, Inc.
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- DataCore Software
- Dell Inc.
- Hewlett-Packard Company
- Hitachi Data Systems
- IBM Corporation
- NEC Corporation
- NetApp, Inc.
- Nutanix
- QLogic Corporation
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Component
- Market Snippet, By SAN Type
- Market Snippet, By Technology
- Market Snippet, By End User
- Market Snippet, By Vertical
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rising demand for efficient backup operations
- Growing adoption of SANs among SMEs
- Major challenges associated with interoperability
- Increasing adoption of cloud-based storage services in emerging economies
- Rising penetration of e-commerce websites
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of COVID-19 Pandemic
4. Global Storage Area Network (SAN) Market, By Component, 2018-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Consulting
- System Integration
- Support & Maintenance
5. Global Storage Area Network (SAN) Market, By SAN Type, 2018-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Virtual SAN
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Conventional SAN
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
6. Global Storage Area Network (SAN) Market, By Technology, 2018-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Fibre Channel (FC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- FibreChannel Over Ethernet (FCOE)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- InfiniBand
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- iSCSI Protocol
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
7. Global Storage Area Network (SAN) Market, By End User, 2018-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- SMEs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
8. Global Storage Area Network (SAN) Market, By Vertical 2018-2030 (US$ Billion)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- BFSI
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Retail and e-Commerce
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- IT and Telecommunication
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Energy and Utility
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Government Offices and Education
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Aerospace and Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
- Others (Transportation and Logistics)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
9. Global Storage Area Network (SAN) Market, By Region, 2018-2030 (US$ Billion)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- North America
- Market size and Forecast,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By SAN Type, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2018-2030 (US$ Billion)
- Market Share Analysis, By Country, 2018 and 2030(%)
- Europe
- Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By SAN Type, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2018-2030 (US$ Billion)
- Market Share Analysis, By Country, 2018 and 2030(%)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By SAN Type, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2018-2030 (US$ Billion)
- Market Share Analysis, By Country, 2018 and 2030(%)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest Of Asia Pacific
- Latin America
- Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By SAN Type, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2018-2030 (US$ Billion)
- Market Share Analysis, By Country, 2018 and 2030(%)
- Brazil
- Mexico
- Rest Of Latin America
- Middle East and Africa
- Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By SAN Type, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030 (US$ Billion)
- Market Size and Forecast, and Y-o-Y Growth, By Vertical, 2018-2030 (US$ Billion)
- Market Share Analysis, By Country, 2018 and 2030(%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
10. Competitive Landscape
- Company Profiles
- Brocade Communications Systems, Inc.
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- DataCore Software
- Dell Inc.
- Hewlett-Packard Company
- Hitachi Data Systems
- IBM Corporation
- NEC Corporation
- NetApp, Inc.
- Nutanix
- QLogic Corporation
- Analyst Views
11. Section
- References
- Research Methodology
- About us and Sales Contact