Server Storage Area Network Market Future Insights, Market Revenue and Threat Forecast by 2027 | COV

The server storage area network market is growing at a rapid pace. Rising demand for stored data accessibility for many users at the same time drives the market growth. Moreover, technological advances in storage technology and devices boost the market size, allowing easy server load management . Improvements in storage area network (SAN) and network-attached storage (NAS) technologies accelerate the market growth.

In its recent research report, Market Research Future (MRFR) asserts that the global SSAN Market is expected to create an exponential valuation by 2027, growing at an impressive CAGR throughout the assessment period (2020 – 2027). Also, the increasing demand for mobile applications and the growing popularity of e-commerce influence market growth. 

Rising numbers of internet users worldwide and the high adoption of cloud-based technologies boost the growth of the market. Server SAN is an emerging technology that uses the concept of combinational computations and eliminates the additional requirement of separate space for storage. 

Additionally, significant advantages of server SAN, such as high availability, efficient performance, and cost savings on additional storage requirements, substantiate the market growth. Moreover, factors such as the burgeoning eCommerce sector and increasing awareness regarding server SAN benefits accelerate market growth.

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Market Segmentation 

The MRFR report throws light on an inclusive segmental analysis of the global server storage area network industry based on organization, type, services, and component. 

By component, the global server storage area network market is segmented into hardware & software. The software segment is again bifurcated into platform software and application software. Of these, the hardware segment will lead the market over the forecast period. 

By services, the global server storage area network market is segmented into managed service & professional service. The professional service is again bifurcated into support and maintenance service, consulting service, and integration and deployment service. 

By type, the global server storage area network market is segmented into enterprise server storage area network and hyperscale server storage area network. 

By organization, the global server storage area network market is segmented into large enterprise & small and medium enterprise. 

Regional Analysis 

By region, the global server storage area network market covers the recent trends and growth opportunity across Europe, the Asia Pacific (APAC), North America and the Rest of the World (RoW). Of these, North America will rule the market over the forecast period. Increasing adoption of data centers for improved data storage management, early adoption of the technology, rich concentration of vendors offering solutions and services for server storage area network for different applications, and increasing demand in the US are adding to the global server storage area network market share in the region. 

The global server storage area network market in the APAC region is predicted to have healthy growth over the forecast period. Developments in storage area network market, adoption of emerging network technologies, companies expanding their product portfolio by shifting businesses onto the cloud, increasing emphasis of SAN solution vendors to develop strong market presence, and strong increase in the IT investments of enterprises across industries are adding to the global server storage area network market growth in the region. 

The global server storage area network market in Europe is predicted to have notable growth over the forecast period and in RoW is predicted to have sound growth over the forecast period. 

Key Players 

The notable players profiled in the server storage area network market report include Cumulus Networks (U.S.), Docker, Inc. (U.S.), ExtraHop Networks (U.S.), Pluribus Networks (U.S.), SwiftStack Inc (U.S.), Teridion (U.S.), Veeam Software (Switzerland), Cisco Systems, Inc (U.S.), Red Hat, Inc (U.S.), CloudGenix Inc (U.S.), Cambium Networks, Ltd (U.S.), Big Switch Networks, Inc (U.S.), Barefoot Networks (U.S.), A10 Networks, Inc. (U.S.), The Siemon Company (U.S.), StorMagic Ltd. (U.K), Scale Computing (U.S.), Hitachi, Ltd (Japan), Citrix Systems, Inc (U.S.), Nutanix (U.S.), DataCore Software (U.S.), Dell EMC (U.S.), and Hewlett-Packard Development Company, L.P. (U.S.), among others. 

The server storage area network market is highly fragmented and competitive in nature with the presence of several well-established domestic and international players. These industry players have used several strategies to stay ahead such as mergers and acquisitions, partnerships, collaborations, geographic expansions, and others. Further, they are also investing in research and development activities. 

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Server Storage Area Network Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030

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