The global Server Storage Area Network (SAN) Market was anticipated to be valued at $24,948.0 million in 2019 and reach $58,948.0 Million by 2027, registering a CAGR of 58.3% over the forecast period.
For the storage industry, Server Storage Area Network (SAN) is a flourishing technology. The eradication of the need for independent storage arrangement is possible through the technology, as it considers the concept of combined compute and shared storage. The storage management issues of the traditional form of storage are excelled by the technology, which facilitates the benefits of higher availability, enhanced performance, and costs.
With the rising number of new data centers and need for improved data storage management, developing markets such as China, Germany Mexico, and Brazil are anticipated to witness growth. HP, EMC, Nutanix, EMC, and Citrix Systems are among few of the existing data center solution and service providers developing in Server Storage Area Network (SAN) Market facilitating a wider portfolio of solutions and services as well as challenging the new data center storage management solution and service providers. The market drivers, constraints, opportunities, and challenges are considered in the report to approach the market potential and perspective for this industry.
The generation of huge data regularly is possible by development of technology and business operations. Extra storage spaces, servers, devices, and related hardware are need to manage this vast data, which further leads to increased costs on data center infrastructure upgradations. The management of the enhancement in data is not possible through Redundant Array of Inexpensive Disks (RAID) and traditional SAN storage management. This huge data is accessible and manageable with the aid of Server SAN which is an adequate technology. There are several benefits of server SAN technology over the prevailing storage management solutions in the Server Storage Area Network (SAN) Market. The server SAN technology is significantly adapted by the technologically leading companies as it is facilitating cost-effective and high performance solutions. Opportunities for new entrants in this market are available due to efficient data storage management solution.
The Server Storage Area Network (SAN) Market is classified based on the types as enterprise server SAN and hyperscale server SAN; Small and midsize businesses and large businesses are the two divisions as per end user. Enterprises as well as service providers are boosting the market. Recently, development of several individual solution and service providers in the market is seen facilitating fair competition to other existing solution and service providers.
The key players of Server Storage Area Network (SAN) Market which are attributing the significant share include HP, Citrix Systems, EMC, Nutanix, and DataCore, among others. Based on region, this market is segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America.
This research report categorizes the Server Storage Area Network (SAN) Market into the following segments and sub-segments:
Server Storage Area Network (SAN) Market By Service
• System integration service
• Professional service
By End User
• Small and Medium Business (SMB)
• Large Business
Server Storage Area Network (SAN) Market by Region
• North America (U.S. and Canada)
• Europe (U.K., Germany, and the rest)
• Asia-Pacific (Japan, China, Australia, and the rest)
• Middle East and Africa (KSA, UAE, and the rest)
• Latin America (Brazil, Mexico, and others)
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