Storage Area Network (SAN) Market Worth $23.47 billion in 2027 | Key Drivers, Restraints & Opportunity: Dell Inc., NetApp Inc., Nutanix

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.

Global Storage Area Network (SAN) Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Storage Area Network (SAN)  market involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

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The Storage Area Network (SAN) market is divided between organised and unorganised companies. The unorganised market now dominates the Storage Area Network (SAN) market. However, over the predicted period of 2022-2028, this picture is expected to alter. Lifestyle Modification, Rising Due to urbanisation, Growing Middle Class Population, Local Availability and Availability of Snacks in Small Package Size, Low Price, and Company’s Strategies to Focus on Regional Taste are all contributing to the growth of the Storage Area Network (SAN) Market.

Major Key players in this Market:

• 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
• Cisco Systems Inc.

Drivers & Trends

The Storage Area Network (SAN) Market is reliant on a number of factors that can either help or hinder the industry overall. The variables are presented and classified according to their potential impact on the Storage Area Network (SAN) Market. Various factors are defined in the report for all of the Storage Area Network (SAN) Market segments and countries. These variables have data attached to them.

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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)

Regional Outlook:

The Asia Pacific, North America, Europe, Latin America, and the Rest of the World are examined in the geographical analysis of the worldwide Storage Area Network (SAN) market. Because of its well-established ICT service providers and big consumer base, North America is the world’s leading/significant area in terms of market share. Over the projected period 2022-2028, Asia-Pacific is expected to have the greatest growth rate / CAGR.

Method of Research

For the time frame 2022-2028, the market research team used Porter’s Five Force Model to examine the Global Storage Area Network (SAN) Market demand. In addition, a thorough SWOT analysis is carried out to help the reader make more informed decisions about the Global Storage Area Network (SAN) Market demand. We used both primary and secondary data collection techniques. In addition, for a thorough analysis of the market, the data analysts used publicly available tools such as annual accounts, SEC filings, and white papers. The approach to analysis clearly reflects the goal of having it evaluated against various metrics in order to provide a comprehensive view of the market.

Report Includes:

• An up-to-date detailed analysis of the global markets for Storage Area Network (SAN) .
• Analyses of global market trends, including data from 2018 and 2021, predictions for 2022 and 2024, and compound annual growth rates (CAGRs) through 2028.
• The worldwide Storage Area Network (SAN) market size is estimated and forecasted, with market share analysis by Storage Area Network (SAN) type, component, application, end-user industry, and geographic area.
• Highlights of the industry’s market potential for Storage Area Network (SAN) , emerging applications, technological advancements, and strategic innovations
• COVID-19 consequences on market advancement and assessment of feasible technological drivers through a comprehensive examination of numerous Storage Area Network (SAN) specialised applications for new and existing sub-parts.
• Recent industry structure, present competitive landscape, R&D activities, significant growth initiatives, and business value share analysis based on segmental sales are all included.
• Review of patents granted for Storage Area Network (SAN) , and assessment of new developments within the industry, as well as new advances in the sector.
• Company profiles of the the world’s leading global players 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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