Global Server Storage Area Network Market Research Report: By Component (Hardware, Software), by Services (Professional, Managed), by Type (Hyperscale Server SAN, Enterprise Server SAN), and by Organization (SME, Large Enterprise) - Forecast till 2027
Server Storage Area Network Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2027
Server Storage Area Network Market Outlook, Strategies,
Industry Analysis, Future Scope, Key Drivers Forecast To 2027
Global Server Storage Area Network Market Research Report: By Component
(Hardware, Software), by Services (Professional, Managed), by Type
(Hyperscale Server SAN, Enterprise Server SAN), and by Organization (SME,
Large Enterprise) - Forecast till 2027
Market Highlights
The server storage area network market will touch USD 59 billion at a whopping 37% CAGR
between the forecast period 2020- 2027, states the recent Market Research Future (MRFR)
analysis. Storage area network (SAN), simply put,a network of storing systems that offer
networked device block storage services. It offers competitors high-quality performance.
Various factors are propelling the global server storage area network market growth. According to
the recent MRFR report, such factors include improvement in data backup & migration, growing
demand for effective data management, low cost and quick access to stored data, greater
flexibility, growing IT & software infrastructure, high upgradation cost of data centres, and reduced
additional costs.
On the contrary, high-cost issue and the current COVID-19 impact may limit the server storage
area network market growth during the analysis period.
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Market Segmentation
The MRFR report highlights inclusive market segments in terms of component, services, type,
and organization.
By component, the server storage area network market is segmented into software and
hardware. The software segment is again segmented into platform software and application
software. Of these, the hardware segment will lead the market over the forecast period.
By services, the global server storage area network market is segmented into managed and
professional service. The professional service is again segmented into support and
maintenance service, consulting service, and integration and deployment service.
By type, the global server storage area network market is segmented into enterprise server
storage area network and hyperscale server storage area network.
By organization, the global server storage area network market is segmented into large
enterprise and small & medium enterprise.
Key players
Key contenders profiled in the global server storage area network market report include Cumulus Networks
(U.S.), Docker, Inc. (U.S.), ExtraHop Networks (U.S.), Pluribus Networks (U.S.), SwiftStack Inc (U.S.),
Teridion (U.S.), Veeam Software (Switzerland), Cisco Systems, Inc (U.S.), Red Hat, Inc (U.S.), CloudGenix
Inc (U.S.), Cambium Networks, Ltd (U.S.), Big Switch Networks, Inc (U.S.), Barefoot Networks (U.S.), A10
Networks, Inc. (U.S.), The Siemon Company (U.S.), StorMagic Ltd. (U.K), Scale Computing (U.S.), Hitachi,
Ltd (Japan), Citrix Systems, Inc (U.S.), Nutanix (U.S.), DataCore Software (U.S.), Dell EMC (U.S.), and
Hewlett-Packard Development Company, L.P. (U.S.).
Regional Analysis
On the basis of region, the server storage area network market covers the growth opportunity and recent
trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these,
North America is predicted to spearhead the market over the forecast period. The presence of service
providers that offer server storage and solutions for large and small enterprises, higher adoption of data
centers for improved data storage management, early adoption of the technology, high market share, and
adoption of advanced technology is adding to the global server storage area network market growth over
the forecast period.
In the APAC region, the server storage area network market is predicted to have sound growth over
the forecast period. Constant developments in storage area networks, adoption of emerging
networking technologies, expansion of product portfolio by industry players by shifting their business
to the cloud, growing middle-class population, rising urbanization, technological innovations, growing
ICT industry, and rapid growth in several end-use industry verticals are adding to the global server
storage area network market growth in the region.
In the Rest of the World, the server storage area network market is predicted to have favorable
growth over the forecast period. Increasing use as security against data loss, advances being made by
companies in their solutions and services, and growing demand for data centres are adding to the
global server storage area network market growth in the region.
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