Storage Area Network Market Key Players Analysis, and Growth Forecast by 2031

Coverage: Storage Area Network Market covers analysis by Component (Software and Hardware); Service (Managed and Professional); Type (Hyperscale and Enterprise); End User (SME and Large Enterprise) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPTE00002096
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
Buy Now

Storage Area Network Market Size and Share: 2021 to 2031 Key Findings

Buy Now

The Storage Area Network Market is expected to register a CAGR of 12.5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented based on Component (Software and Hardware); Service (Managed and Professional); Type (Hyperscale and Enterprise); End User (SME and Large Enterprise). The global analysis is further broken down at the regional level and major countries. The global analysis is broken down at the regional level and major countries. The market evaluation is presented in US$ for the above segmental analysis.

Purpose of the Report

The report Storage Area Network Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Storage Area Network Market Segmentation

Component
  • Software and Hardware
Service
  • Managed and Professional
Type
  • Hyperscale and Enterprise
End User
  • SME and Large Enterprise

Strategic Insights

Storage Area Network Market Growth Drivers
  • Increasing data volumes: Businesses are generating massive amounts of data from various sources, including IoT devices, social media, and cloud applications. SANs provide high-performance storage and connectivity to handle these large data volumes efficiently.
  • Demand for high-performance computing: Applications such as AI, machine learning, and big data analytics require high-performance storage infrastructure to process and analyze data quickly. SANs offer low latency and high bandwidth, making them ideal for these demanding workloads.
  • Cloud adoption and hybrid cloud environments: While cloud storage is gaining popularity, many organizations still rely on on-premises infrastructure for critical applications and data. SANs play a crucial role in connecting on-premises systems with cloud environments, enabling hybrid cloud deployments.
Storage Area Network Market Future Trends
  • Integration with AI/ML: AI/ML will be increasingly used to optimize SAN performance, predict failures, and automate storage management tasks.
  • Rise of NVMe over Fabrics: NVMe over Fabrics (NVMe-oF) is a high-speed protocol that delivers significantly faster performance than traditional SAN protocols. It is expected to become the dominant protocol for future SAN deployments.
  • Edge computing: With the rise of edge computing, there will be a growing need for high-performance storage solutions at the edge of the network. SANs will play a critical role in supporting edge computing applications.
Storage Area Network Market Opportunities
  • Developing specialized solutions for specific industries: There are opportunities to develop specialized SAN solutions for industries such as finance, healthcare, and media & entertainment, which have unique storage requirements.
  • Expanding into emerging markets: The SAN market is still growing in many emerging markets, offering significant opportunities for expansion.
  • Offering managed SAN services: Providing managed SAN services can help organizations reduce operational costs and improve storage management efficiency.

Market Report Scope

Key Selling Points

  • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Storage Area Network Market, providing a holistic landscape.
  • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
  • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
  • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Storage Area Network Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

REGIONAL FRAMEWORK
World Geography

Have a question?

Analyst

Naveen

Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What are the options available for the customization of this report? 

Some of the customization options available based on request are additional 3-5 company profiles and country-specific analysis of 3-5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

What are the deliverable formats of the Storage Area Network Market report?

The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

Which are the leading players operating in the Storage Area Network Market?

The leading players are: IBM, Cisco Systems, Net App, Citrix Systems Inc, Hitachi, Data Systems Datacore, QLogic, Stonefly, Microsoft

What are the future trends of the Storage Area Network Market?

The future trends of the Storage Area Network Market are: Integration with AI/ML, Rise of NVMe over Fabrics and Edge computing

What is the expected CAGR of the Storage Area Network Market?

Storage Area Network Market is expected to grow at a CAGR of 12.5% between 2023-2031

What are the driving factors impacting the Storage Area Network Market?

The driving factors impacting the Storage Area Network Market are: Increasing data volumes, Demand for high-performance computing and Cloud adoption and hybrid cloud environments

TABLE OF CONTENTS
1 INTRODUCTION
1.1 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2 KEY TAKEAWAYS
3 STORAGE AREA NETWORK MARKET LANDSCAPE
3.1 OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Storage Area Network Market - By Component
3.2.2 Storage Area Network Market - By Service
3.2.3 Storage Area Network Market - By Type
3.2.4 Storage Area Network Market - By End User
3.2.5 Storage Area Network Market - By Region
3.2.5.1 By Countries
3.3 PEST ANALYSIS
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific (APAC) - PEST Analysis
3.3.4 Middle East & Africa (MEA) - PEST Analysis
3.3.5 South America (SAM)- PEST Analysis

4 STORAGE AREA NETWORK MARKET - KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.2 KEY MARKET RESTRAINTS
4.3 KEY MARKET OPPORTUNITIES
4.4 FUTURE TRENDS
4.5 IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
5 STORAGE AREA NETWORK MARKET - GLOBAL MARKET ANALYSIS
5.1 STORAGE AREA NETWORK - GLOBAL MARKET OVERVIEW
5.2 STORAGE AREA NETWORK - GLOBAL MARKET AND FORECAST TO 2025
6 STORAGE AREA NETWORK MARKET REVENUE AND FORECASTS TO 2028 - COMPONENT
6.1 OVERVIEW
6.2 COMPONENT MARKET FORECASTS AND ANALYSIS
6.3 SOFTWARE MARKET
6.3.1 Overview
6.3.2 Software market forecast and analysis
6.4 HARDWARE MARKET
6.4.1 Overview
6.4.2 Hardware market forecast and analysis

7 STORAGE AREA NETWORK MARKET REVENUE AND FORECASTS TO 2028 - SERVICE
7.1 OVERVIEW
7.2 SERVICE MARKET FORECASTS AND ANALYSIS
7.3 MANAGED SERVICES MARKET
7.3.1 Overview
7.3.2 Managed services market forecast and analysis
7.4 PROFESSIONAL SERVICES MARKET
7.4.1 Overview
7.4.2 Professional services forecast and analysis
8 STORAGE AREA NETWORK MARKET REVENUE AND FORECASTS TO 2028 - TYPE
8.1 OVERVIEW
8.2 TYPE MARKET FORECASTS AND ANALYSIS
8.3 HYPERSCALE MARKET
8.3.1 Overview
8.3.2 Hyperscale market forecast and analysis
8.4 ENTERPRISE MARKET
8.4.1 Overview
8.4.2 Enterprise market forecast and analysis



9 STORAGE AREA NETWORK MARKET REVENUE AND FORECASTS TO 2028 - END USER
9.1 OVERVIEW
9.2 END USER MARKET FORECASTS AND ANALYSIS
9.3 SME MARKET
9.3.1 Overview
9.3.2 IT & Telecom market forecast and analysis
9.4 LARGE ENTERPRISES MARKET
9.4.1 Overview
9.4.2 Large Enterprises market forecast and analysis


10 STORAGE AREA NETWORK MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1 NORTH AMERICA
10.1.1 North America Storage Area Network Market Overview
10.1.2 North America Storage Area Network Market Forecasts and Analysis
10.1.3 North America Market Forecasts and Analysis - By Countries
10.1.3.1 US market
10.1.3.2 Canada market
10.1.3.3 Mexico market
10.1.4 North America Market Forecasts and Analysis - By Component
10.1.5 North America Market Forecasts and Analysis - By Service
10.1.6 North America Market Forecasts and Analysis - By Type
10.1.7 North America Market Forecasts and Analysis - By End User
10.2 EUROPE
10.2.1 Europe Storage Area Network Market Overview
10.2.2 Europe Storage Area Network Market Forecasts and Analysis
10.2.3 Europe Market Forecasts and Analysis - By Countries
10.2.3.1 France market
10.2.3.2 Germany market
10.2.3.3 Italy market
10.2.3.4 Spain market
10.2.3.5 UK market
10.2.4 Europe Market Forecasts and Analysis - By Component
10.2.5 Europe Market Forecasts and Analysis - By Service
10.2.6 Europe Market Forecasts and Analysis - By Type
10.2.7 Europe Market Forecasts and Analysis - By End User
10.2.8
10.3 ASIA PACIFIC (APAC)
10.3.1 Asia Pacific Storage Area Network Market Overview
10.3.2 Asia Pacific Storage Area Network Market Forecasts and Analysis
10.3.3 Asia Pacific Market Forecasts and Analysis - By Countries
10.3.3.1 Australia market
10.3.3.2 China market
10.3.3.3 India market
10.3.3.4 Japan market
10.3.4 Asia Pacific Market Forecasts and Analysis - By Component
10.3.5 Asia Pacific Market Forecasts and Analysis - By Service
10.3.6 Asia Pacific Market Forecasts and Analysis - By Type
10.3.7 Asia Pacific Market Forecasts and Analysis - By End User
10.4 MIDDLE EAST AND AFRICA (MEA)
10.4.1 Middle East and Africa Storage Area Network Market Overview
10.4.2 Middle East and Africa Storage Area Network Market Forecasts and Analysis
10.4.3 Middle East and Africa Market Forecasts and Analysis - By Countries
10.4.3.1 South Africa market
10.4.3.2 Saudi Arabia market
10.4.3.3 UAE market
10.4.4 Middle East and Africa Market Forecasts and Analysis - By Component
10.4.5 Middle East and Africa Market Forecasts and Analysis - By Service
10.4.6 Middle East and Africa Market Forecasts and Analysis - By Type
10.4.7 Middle East and Africa Market Forecasts and Analysis - By End Users
10.5 SOUTH AMERICA (SAM)
10.5.1 South America Storage Area Network Market Overview
10.5.2 South America Storage Area Network Market Forecasts and Analysis
10.5.3 South America Market Forecasts and Analysis - By Countries
10.5.3.1 Brazil market
10.5.4 South America Market Forecasts and Analysis - By Component
10.5.5 South America Market Forecasts and Analysis - By Service
10.5.6 South America Market Forecasts and Analysis - By Type
10.5.7 South America Market Forecasts and Analysis - By End User

11 INDUSTRY LANDSCAPE
11.1 MERGERS & ACQUISITIONS
11.2 MARKET INITIATIVES
11.3 NEW DEVELOPMENTS
11.4 INVESTMENT SCENARIOS
12 COMPETITIVE LANDSCAPE
12.1 COMPETITIVE INDUSTRY MAPPING
12.2 MARKET POSITIONING/ MARKET SHARE
13 STORAGE AREA NETWORK MARKET, KEY COMPANY PROFILES
13.1 IBM
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Financial Overview
13.1.4 SWOT Analysis
13.1.5 Key Developments
13.2 CISCO SYSTEMS
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Financial Overview
13.2.4 SWOT Analysis
13.2.5 Key Developments
13.3 NETAPP.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Financial Overview
13.3.4 SWOT Analysis
13.3.5 Key Developments
13.4 CITRIX SYSTEMS, IND.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Financial Overview
13.4.4 SWOT Analysis
13.4.5 Key Developments
13.5 HITACHI DATA SYSTEMS.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Financial Overview
13.5.4 SWOT Analysis
13.5.5 Key Developments
13.6 QLOGIC.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Financial Overview
13.6.4 SWOT Analysis
13.6.5 Key Developments
13.7 STONEFLY
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Financial Overview
13.7.4 SWOT Analysis
13.7.5 Key Developments
13.8 MICROSOFT
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Financial Overview
13.8.4 SWOT Analysis
13.8.5 Key Developments
13.9 DELL, INC
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Financial Overview
13.9.4 SWOT Analysis
13.9.5 Key Developments
13.10 DATACORE
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Financial Overview
13.10.4 SWOT Analysis
13.10.5 Key Developments

14 APPENDIX
14.1 ABOUT THE INSIGHT PARTNERS
14.2 GLOSSARY OF TERMS
14.3 RESEARCH METHODOLOGY
The List of Companies
1. IBM
2. Cisco Systems
3. Net App
4. Citrix Systems, Inc.
5. Hitachi Data Systems
6. Datacore
7. QLogic
8. Stonefly
9. Microsoft
10. Dell, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Technology, Media and Telecommunications : READ MORE..