The new report by Informes de Expertos titled, ‘Latin America Storage Area Network Market 2023-2028’ , presents an extensive review of the factors positively reflecting the market landscape and explores the aspects in terms of component, technology, organisation size, end use, and the key regions. The report also explores market restraints and market challenges, based on Porter’s five forces models, together with a SWOT analysis. In addition, the market is assessed in terms of past and future trends and their subsequent influence on the algorithm. The study involves a thorough research, spanning price indicators and market actors, illustrating the impacts on the market dynamics and outlook.
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Los aspectos más destacados del informe son:
Visión General del Mercado (2018-2028)
• CAGR del Periodo de Pronóstico (2023-2028): 8,40%
El crecimiento del mercado de redes de área de almacenamiento (SAN) en América Latina está impulsado por varios factores, como la creciente necesidad de almacenamiento de datos, la creciente adopción de la computación en la nube y el creciente uso de análisis de Big Data en diversas industrias. Además, el creciente uso de la virtualización y la necesidad de soluciones de recuperación de desastres y continuidad del negocio también están impulsando el crecimiento del mercado.
También se espera que la creciente adopción de aplicaciones de uso intensivo de datos, como la videovigilancia, las redes sociales y el comercio electrónico, impulse el crecimiento del mercado de SAN en Latinoamérica. Con la creciente cantidad de datos que se generan y almacenan, las organizaciones buscan formas de almacenar, gestionar y proteger sus datos de manera más eficiente. Las SAN ofrecen una solución de almacenamiento de alto rendimiento que permite a las organizaciones almacenar, gestionar y proteger grandes cantidades de datos. En consecuencia, el mercado obtuvo un valor de 129 millones de USD en 2022.
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Industry Definition and Major Segments
A storage area network (SAN) is a specialized, high-speed network that provides block-level access to data storage. SANs are typically composed of host servers, switches, storage arrays, and storage devices that are connected to each other using a variety of technologies, including Fibre Channel, iSCSI, and FCoE. A storage area network typically uses a dedicated network to connect storage devices to servers, enabling the storage devices to be accessed and managed as if they were directly attached to the servers. This allows organizations to store, manage, and protect large amounts of data more efficiently.
According to components, the market can be further categorised into:
• Software
• Hardware
• Services
Based on technology, the market can be divided into:
• Fibre Channel (FC)
• Fibre Channel over Ethernet (FCoE)
• InfiniBand
• iSCSI protocol
By size of organisation, the industry is classified into:
• Small and Medium Enterprises (SMEs)
• Large Enterprise
The market can be segmented according to end-use:
• BFSI
• Retail and E-Commerce
• IT and Telecommunications
• Energy and Utilities
• Government Offices
• Education
• Aerospace & Defence
• Health
• Manufacturing
• Other
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
In recent years, the Storage Area Network (SAN) market in Latin America has seen a shift towards the adoption of hybrid and software-defined storage solutions, which is driving the need for greater flexibility and scalability in data storage and reduces costs. Another trend in the SAN market in Latin America is the increasing adoption of cloud-based storage solutions. This is bolstered by the need for greater accessibility and scalability of data storage, as well as the need to reduce costs.
Additionally, many companies are turning to flash storage to enhance their storage capacity and performance. flash storage is becoming more popular in Latin America due to its higher performance and energy efficiency, which help companies to reduce costs and increase their storage capacity. In the future, the SAN market in Latin America is also expected to see an increase in the adoption of artificial intelligence and machine learning in data storage and management, as well as an increase in the use of edge computing to support the growing Internet of Things (IoT) ecosystem.
Key Market Players
The major players in the market are:
• IBM Corporation
• Oracle Corporation
• Cisco Systems, Inc.
• HP Inc.
• Dell Technologies Inc.
• Others
This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.
About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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