Server Storage Area Network Market Research Report by Forecast to 2023


Posted September 3, 2019 by son1ane

Server Storage Area Network Market Research Report: By Component (Hardware, Software) - Forecast to 2023
 
Market Insights:
The global server storage area network market is expected to expand exponentially at an astounding CAGR of 37% during the forecast period from 2017 to 2023. Predictions made by Market Research Future in their report on the subject reveal that the market is expected to yield a market value of USD 59 Bn by the end of 2023. Server storage area network (SAN) is a high-speed network which is customized to provide fundamental network access to storage. It is primarily used to help improve application performance and improve data paths.

Server Storage Area Network Market allows a network of storage devices accessible to multiple servers which then appear as attached drives, thus getting rid of traditional network bottlenecks. This means that large consolidated spaces for storage are available for IT applications. Moreover, data retrieval speeds are higher and the back up is centralized to prevent data loss.

This helps improve operational efficiency. Most companies prefer to prioritize core business activities while optimizing operations in every other regard. Adoption of such advanced technology allows easy optimization of data management and retrieval which is vital in today's data-based world. Moreover, server SAN is a rapidly emerging technology which uses the concept of combined computation to increase performance and save costs in the long run. These factors among others are expected to drive the global server storage area network market.

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Major Key Players:
The report contains an analysis of the competition in the global server storage area network market. Market players included are StorMagic Ltd. (U.K), Pluribus Networks (U.S.), ExtraHop Networks (U.S.), A10 Networks, Inc. (U.S.), Cisco Systems, Inc (U.S.), SwiftStack Inc (U.S.), Hewlett-Packard Development Company, L.P. (U.S.), Hitachi, Ltd (Japan), Red Hat, Inc (U.S.), Veeam Software (Switzerland), Cumulus Networks (U.S.), Docker, Inc. (U.S.), The Siemon Company (U.S.), CloudGenix Inc (U.S.), Cambium Networks, Ltd (U.S.), Barefoot Networks (U.S.), Nutanix (U.S.), Scale Computing (U.S.), Dell EMC (U.S.), Teridion (U.S.), Big Switch Networks, Inc (U.S.), DataCore Software (U.S.), and Citrix Systems, Inc (U.S.) among others.

Market Segmentation:
Segments in the global server storage area network market have been segmented on the basis of component, services, type, organization, and region. Components have been segmented into hardware and software. Software has been segmented further into application software and platform software.

Services have been segmented into professional service and managed service. Professional service has been further divided to include application integration and deployment service, consulting service, and support & maintenance service.
Type has been segmented into hyperscale server storage area network and enterprise server storage area network.

Organization size has been segmented to include large enterprise, and small & medium enterprises (SME).

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Regional Analysis:
Regions covered in the global market include North America, Europe, Asia Pacific and the Rest of the World. Of all the regions discussed in the report, North America is expected to capture the lead in the global market due to the high number of market players operating out of this region. Nearly 70% of overall market players competing in the global market are from North America. These players offer a variety of solutions for both small and large sized businesses which is pushing growth for the regional market.

The growth of server storage area network is impacted positively by the increased adoption of data centers for making data storage management more efficient. Moreover, North America is one of the earliest adopters of server storage area network technology which has been a key factor in the regions market position in the global market. Storage area network requires high-speed network capabilities to provide a basic level of network access storage which also helps protect against data loss. As such companies across the globe are advancing their offered services and solutions due to the increasing demand for data centers in emerging regions like the Middle East and the Asia Pacific.

About Market Research Future:
At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


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Categories Business , Computers , Technology
Tags server storage area network market , server storage area network market forecast , server storage area network market size , server storage area network market trends
Last Updated September 3, 2019