Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Market Overview

A storage area network refers to a high-speed network, which 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 performances, 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.

The global Storage Area Network (SAN) Market was accounted for US$ 17,823.4 Mn in terms of value in 2019 and is expected to grow at CAGR of 3.5% for the period 2020-2027.

Market Dynamics- Drivers

  1. Rising demand for efficient backup operations is expected to drive growth of the global storage area network (SAN) market during the forecast period

Previously, in a conventional approach, LAN was used for data back-up and restore functions that are particularly slow and majorly impact efficiency of the whole operation. On the contrary, in 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, increase in the 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.

  1. Growing adoption of SANs among SMEs is expected to propel the global storage area network (SAN) market growth over the forecast period

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 are cost-effective for smaller enterprises, which in turn, is expected to boost the global storage area network (SAN) market growth over the forecast period.

Statistics:

North America held dominant position in the global Storage Area Network (SAN) market in 2019, accounting for 36.8% share in terms of value, followed by Europe and Asia Pacific, respectively

Figure 1: Global Storage Area Network (SAN) Market Share (%), in terms of Value, By Region, 2019

Storage Area Network (SAN)  | Coherent Market Insights

Market Dynamics- Restraints

  1. Major challenges associated with interoperability are expected to hamper the global storage area network (SAN) market growth over the forecast period

Several standards have been developed for FibreChannel technology. Different interpretations of these standards by vendors have resulted in development of products that sometimes cannot work together on the same network. Such issues related to interoperability are impacting growth of the SAN market globally. Hence, these factors are expected to hamper the global storage area network (SAN) market growth over the forecast period.

  1. Increasing adoption of cloud-based storage services in emerging economies is expected to restrain growth of the global storage area (SAN) market during the forecast period

Previously, storage and servers were purchased as separate IT infrastructure components by various groups within the IT department and under different parts of the IT budget. However, increasing adoption of cloud-based platforms has altered the approach. Furthermore, rising adoption of virtualization techniques in server and storage has provided a massive shift in procurement and deployment of data center infrastructure. Many enterprises are moving towards purchasing individual physical servers connected to SANs to modular reference architectures, which include every component needed to operate various applications. Thus these factors are expected to restrain growth of the global storage area (SAN) market in the near future.

Market Opportunities

  1. Rising penetration of e-commerce websites can provide significant growth opportunities

Growing proliferation of e-commerce websites has increased adoption of online channels among consumers. These e-Commerce applications are highly resource-intensive, owing to the kind of requests that are processed simultaneously per second. Thousands of customers visit, make orders and pay, per second, and all this information is needed to be stored in the database for later retrieval. SANs are being used to store information about high traffic databases, owing to high performance and rapid I/O characteristics.

  1. Growing demand for extending remote data application capabilities of SANs can offer major business opportunities

Currently, the demand for SANs from enterprises with remote data replication capabilities extended beyond campus environments and the limited distance ranges of SCSI has been witnessing a significant increase. This trend is supported by development of advanced technologies such as SONET (Synchronous Optical Networking) and ATM (Asynchronous Transfer Mode). For instance, SONET offers a 50- millisecond recovery time, along with extremely high resiliency, making it a preferred choice over other transport technologies including FibreChannel.

Figure 2: Global Storage Area Network (SAN) Market Value (US$ Mn), 2017 - 2027

Storage Area Network (SAN)  | Coherent Market Insights

The global Storage Area Network (SAN) market was valued at US$ 17,823.4 Mn in 2019 and is forecast to reach a value of US$ 23,471.8 Mn by 2027 at a CAGR of 3.5% between 2020 and 2027.

Market Trends

  1. North America Trend

After several years of fiscal gloom, optimism is returning to the IT sector in North America. IT enterprises are intensifying spending on services along with hiring new workforce. IT enterprises are preparing to speed ahead rapidly with projects in potential areas of big data, mobile, and the cloud. In March 2015, the U.S. government offered to augment its IT investment for the third year in a row. Moreover, the U.S. Government is investing significantly in shared services and cloud services for IT requirements, hence total expenditure on in-house IT solutions to result in comparatively lower growth.

  1. Latin America Trends

A number of companies in Latin America are focused on cost reduction and converting capital expenditure into operational expenditure. Growing adoption of outsourcing concepts is expected to offer major growth opportunities for IT infrastructure outsourcing services in the region. Frequent introduction of new concepts in the IT sector such as big data, cloud computing, and bring your own device (BYOD) has made it challenging and complex for companies to manage their own data.  Hence, these companies are dependent upon IT infrastructure outsourcing service providers to streamline tasks related to data storage and management.

Segment information:

In global Storage Area Network (SAN) Market, by End-User, Large Enterprises sub-segment dominated the global market in 2019, accounting for 79.3% share in terms of value, followed by SMEs.

Competitive Section

Key players involved in the global storage area network (SAN) market 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.

Key Developments

  1. Major companies are focused on mergers and acquisitions, in order to gain a competitive edge in the market. For instance, in Brocade Communications Systems, Inc., a U.S.-based provider of semiconductor devices, Brocade Communication System Inc., a data storage company.
  2. Key players in the market are involved in product launches, in order to expand product portfolio. For instance, in January 2017, Hitachi Data Systems introduced its next-generation line-up storage system Hitachi Adaptable Modular Storage (AMS) 2000 Series.

A storage area network refers to a high-speed network, which 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 performances, 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, LAN was used for data back-up and restore functions that are particularly slow and majorly impact efficiency of the whole operation. On the contrary, in 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, increase in the 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 are cost-effective for smaller enterprises, which in turn, is expected to boost the global storage area network (SAN) market growth over the forecast period.

Market Taxonomy

This report segments the Global Storage Area Network (SAN) Market on the basis of Component, SAN Type, Technology, End User, Vertical and Region. On the basis of Component, Global Storage Area Network (SAN) Market is segmented into Software, Hardware and Service (Consulting, System Integration and Support & Maintenance.On the basis of SAN Type, the Global Storage Area Network (SAN) Market is segmented into Virtual SAN and Conventional SAN. On the basis of Technology, the Global Storage Area Network (SAN) Market is segmented into FibreChannel (FC), FibreChannel Over Ethernet (FCOE), InfiniBand and iSCSI Protocol. On the basis of End-User, the Global Storage Area Network (SAN) Market is segmented into SMEs and Large Enterprises. On the basis of Vertical, the Global Storage Area Network (SAN) Market is segmented into BFSI, Retail and e-Commerce, IT and Telecommunication, Energy and Utility, Government Offices and Education, Aerospace and Defense, Healthcare, Manufacturing and Others (Transportation and Logistics). On the basis of region, Global Storage Area Network (SAN) Market is segmented into North America, Latin America, Europe, Asia pacific, Middle East and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the Global Storage Area Network (SAN) Market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global Storage Area Network (SAN) Market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered in the Global Storage Area Network (SAN) Market includes 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.
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global Storage Area Network (SAN) market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the 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:
    • SMEs
    • Large Enterprises
  • 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:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East and Africa
  • Company Profiles
    • Brocade Communications Systems, Inc.
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • 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

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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
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • SAN Type Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Storage Area Network (SAN) Market, BY Component, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Component Trends
    • Software
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Hardware
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Service
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
        • Consulting
        • System Integration
        • Support & Maintenance
  5. Global Storage Area Network (SAN) Market, By SAN Type, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Component Trends
    • Virtual SAN
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Conventional SAN
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  6. Global Storage Area Network (SAN) Market, By Technology, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Component Trends
    • FibreChannel (FC)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • FibreChannel Over Ethernet (FCOE)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • InfiniBand
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • iSCSI Protocol
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  7. Global Storage Area Network (SAN) Market, By End-User, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Component Trends
    • SME’s
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Large Enterprises
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  8. Global Storage Area Network (SAN) Market, By Verticals, 2017-2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Component Trends
    • BFSI
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Retail and e-Commerce
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • IT and Telecommunication
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Energy and Utility
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Government Offices and Education
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Aerospace and Defense
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Healthcare
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Manufacturing
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
    • Others (Transportation and Logistics)
      • Introduction
      • Market Size and Forecast, 2020–2027, (US$ Million)
  9. Global Storage Area Network (SAN) Market, By Region, 2017-2027  (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, Component, 2020–2027(US$ Million)
      • Market Size and Forecast, By SAN Type, 2020–2027 (US$ Million)
      • Market Size and Forecast, Technology, 2020–2027(US$ Million)
      • Market Size and Forecast, By End-User, 2020–2027 (US$ Million)
      • Market Size and Forecast, Vertical, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, Component, 2020–2027(US$ Million)
      • Market Size and Forecast, By SAN Type, 2020–2027 (US$ Million)
      • Market Size and Forecast, Technology, 2020–2027(US$ Million)
      • Market Size and Forecast, By End-User, 2020–2027 (US$ Million)
      • Market Size and Forecast, Vertical, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, Component, 2020–2027(US$ Million)
      • Market Size and Forecast, By SAN Type, 2020–2027 (US$ Million)
      • Market Size and Forecast, Technology, 2020–2027(US$ Million)
      • Market Size and Forecast, By End-User, 2020–2027 (US$ Million)
      • Market Size and Forecast, Vertical, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, Component, 2020–2027(US$ Million)
      • Market Size and Forecast, By SAN Type, 2020–2027 (US$ Million)
      • Market Size and Forecast, Technology, 2020–2027(US$ Million)
      • Market Size and Forecast, By End-User, 2020–2027 (US$ Million)
      • Market Size and Forecast, Vertical, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, Component, 2020–2027(US$ Million)
      • Market Size and Forecast, By SAN Type, 2020–2027 (US$ Million)
      • Market Size and Forecast, Technology, 2020–2027(US$ Million)
      • Market Size and Forecast, By End-User, 2020–2027 (US$ Million)
      • Market Size and Forecast, Vertical, 2020–2027(US$ Million)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  10. Competitive Landscape
    • Company Profiles
      • Brocade Communications Systems, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cisco Systems, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Citrix Systems, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DataCore Software  
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Dell Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hewlett-Packard Company
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hitachi Data Systems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • IBM Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • NEC Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • NetApp, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nutanix
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • QLogic Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
  11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

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Frequently Asked Questions

The global market for Storage Area Network (SAN) is expected to reach USD 19,850.1 Million by 2022.
Rising demand for efficient backup operations is expected to drive growth of the global storage area network (SAN) market during the forecast period
Large Enterprises sub-segment holds the largest market share among end-user segment contributing 79.3% market share in terms of value in 2019.
North America region hold the largest share in the global Storage Area Network (SAN) market in 2019, accounting for 36.8% share in terms of value.
Key players operating in the global storage in big data market 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.
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