In a recent published report, Kenneth Research has updated the market report for Server Storage Area Network Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Server Storage Area Network Market products.
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The Server Storage Area Network Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.
The server storage area network is high speed customized network providing a fundamental level of network access to storage, which is majorly comprised of networking equipment like routers, switches, and storage devices. This equipment is connected to each other by networking topologies, and different protocols, and provide the enterprise to use at multiple sites. The storage area network is generally used to improve the data paths, improving the availability of the application.
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These are also used to improve the application performance like load balancing, and network segregation. The market of server storage area network increases the effectiveness and storage utilization of storage.The server SAN is one of the emerging technologies that use the concept of combinational computations and eliminates the additional requirement of separate space for storage. One of the major advantages of server storage area network is the high availability, efficient performance and cost savings on additional storage requirement.
Segmentation
On the basis of the component, the market is segmented into hardware and software. The software is further segmented into application software, and platform software.On the basis of services, the market is segmented into professional service and managed service. The professional service is further is segmented into integration and deployment service, consulting service, and support & maintenance service.On the basis of type, the market is segmented into hyperscale server storage area network and enterprise server storage area networkOn the basis of organization, the market is segmented into the small and medium enterprise and large enterpriseOn the basis of region, the market is segmented into North America, Europe, Asia Pacific, and rest of the world.
Regional Analysis
The global server storage area network market is estimated to grow at a significant rate during the forecast period. The geographical analysis of server storage area network market marks the study for regions like North America, Europe (including Russia), Asia Pacific (including Australia and New Zealand) and rest of the world (including the Middle East, Africa, and South America). Among these regions, the market is led by North America. North America has a higher concentration of service vendors providing server storage, and solutions for small as well as large enterprises. These vendors comprise a large market of service and solution providers. One of the major factors contributing to the growth of server storage area network is the higher adoption of data centers for improved data storage management.
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North America, due to early adoption of this technology, experiences a high market share in server storage area network market.As a storage area network is a high-speed network providing a basic level of network access storage, these networks pose as a base for the security against data loss. Many companies are making advancements in their services and solutions due to the rising demand for data centers in regions like the Middle East, Asia Pacific, and Africa. Also, North America is hub to more than 70% of overall players competing in this market.
Key Players
Some of the major players in global Server Storage Area Network market include Hewlett-Packard Development Company, L.P. (U.S.), Dell EMC (U.S.), DataCore Software (U.S.), Nutanix (U.S.), Citrix Systems, Inc (U.S.), Hitachi, Ltd (Japan), Scale Computing (U.S.), StorMagic Ltd. (U.K), among others
Other vendors include The Siemon Company (U.S.), A10 Networks, Inc. (U.S.), Barefoot Networks (U.S.), Big Switch Networks, Inc (U.S.), Cambium Networks, Ltd (U.S.), CloudGenix Inc (U.S.), Red Hat, Inc (U.S.), Cisco Systems, Inc (U.S.), Veeam Software (Switzerland), Teridion (U.S.), SwiftStack Inc (U.S.), Pluribus Networks (U.S.), ExtraHop Networks (U.S.), Docker, Inc. (U.S.), Cumulus Networks (U.S.), among others
The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.
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Intended Audience
Server SAN service providers
Server SAN solution vendors
Software developers
Hardware vendors
Data center service providers
System developers and integrators
Government agencies
Application end-user
Research Firms
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