The Storage Area Network (SAN) Market, estimated at USD 19.43 Bn in 2025, is expected to exhibit a CAGR of 5.5% and reach USD 28.26 Bn by 2032.
Information and Communication Technology continues to be a key driver of global growth, as organizations accelerate digital transformation and invest in advanced solutions. Breakthroughs in automation, data analytics, and next-generation networks are reshaping industries, boosting competitiveness, and opening new avenues for innovation and collaboration.
A storage area network (SAN) is a specialized, high-speed network that provides block-level network access to storage. SANs are used to augment the capacity of mass storage devices. Moreover, it connects all storage devices together in any network and links them to different operating systems in other information technology networks. With increasing volumes of critical data being accumulated in the global business environment, there is a need among enterprises for better performance, availability, manageability, and security of data storage assets.
Global Storage Area Network (SAN) Market- Drivers
Rising expenditure on IT infrastructure
In the recent past, capital expenditure on IT and associated infrastructure have increased significantly, especially in emerging economies. Furthermore, emerging regions such as MEA, Asia Pacific, and Latin America are witnessing a major increase in the need for investment in IT infrastructure after a break. According to the same source, global hardware expenditure accounts for 24% of total IT investment. Hence, these factors are expected to boost the global storage area network (SAN) market’s growth in the near future.
Global Storage Area Network (SAN) Market- Restraints
Major complexities associated with SAN architecture
SANs are highly sophisticated and costly pieces of storage equipment and are relatively complicated and propriety. Moreover, SANs are characterized to be virtually failure-proof. However, major outages and performance failures in the cloud in recent times have been related to failure of SAN or significant degradation in system performance. Since then nature of SAN is complex and prosperity, whenever there is a failure in SAN architecture, there will be a major complex problem for the organization. Furthermore, outages due to SAN failures are measured in hours and now minutes, which leads to such drawbacks of SANs and to leverage the cloud as a high performance, reliable and resilient storage option, various enterprises are shifting beyond SAN. This, in turn, is restraining growth of the global SAN market. Hence, these factors are expected to hinder the global storage area network (SAN) market growth over the forecast period.
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Key Takeaways
The global storage area network (SAN) market estimated at US$ 19.43 Billion in 2025 and is projected to reach US$ 28.26 Billion by 2032, exhibiting a CAGR of 5.5% over the forecast period (2025-2032).
Global Storage Area Network (SAN) Market- Key Developments
In March 2025, IBM Corporation, technology company launched IBM Storage for Data and AI, which is designed to improve supply chain and increase data relevancy.
Global Storage Area Network (SAN) Market- Impact of COVID-19
The COVID-19 pandemic has moderately affected market growth for Storage Area Network (SAN). The pandemic has led government agencies to enact stringent lockdown measures and travel bans, interrupting logistics, the supply chain, and production capabilities and affecting overall sales. Additionally, the closure of retail outlets has harmed the company's ability to generate income.
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Key Trends and Analysis of the Global Storage Area Network (SAN) Market:
- Expenditure in IT infrastructure in Asia Pacific is expected to decline during the first half of the forecast period. This is owing to emerging economies such as India, China, Malaysia, and Japan facing economic issues due to the global economic crisis. On the contrary, the tech markets of Australia, New Zealand, Singapore, South Korea, and some ASEAN countries are witnessing growth, with increasing demand for software for automating business processes and analytics to improve businesses. According to statistics from the Asia Cloud Computing Association (ACCA), in 2025, the prognosis is adequate for the APAC region. This region is in a strong position and is expected to maintain its position in the near future.
- The European technology market is witnessing a slow transformation with users preferring to spend less on legacy IT services and solutions and more on investing in innovative IT services and solutions. Moreover, cloud computing is expected to be the center of this transformation both in terms of applications and transformations. Particularly on the infrastructure side, cloud computing is anticipated to have a similar impact on the business of IT suppliers as the Internet had on telcos in the last decade. Along with generating new opportunities, it will have a significant impact on the pricing model for infrastructure services.
- Major players operating in the global storage area network (SAN) market include 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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