Storage Area Network (SAN) Market by Solution (Software and Hardware), Service (System Integration and Professional), Type (Hyperscale and Enterprise), End-User (SMB and Large Business), and Region - Global Forecast 2020 - 2027

During the projected period, the global Storage Area Network (SAN) Market is predicted to increase at a CAGR of 51.3 percent, from $3,150.0 million in 2015 to $24,948.0 million in 2020. Due to the increasing number of new data centres and demand for improved data storage management, developing markets such as China, Germany, Mexico, and Brazil, among others, are likely to increase. Established data centre solution and service providers such as HP, EMC, Nutanix, EMC, and Citrix Systems are contesting the new data centre storage management solution and service providers by offering a broad range of products and services. This study delves deeper into the market drivers, restraints, opportunities, and challenges in order to determine the industry's market potential and outlook.

The Storage Area Network (SAN) Market technology is based on software-driven storage, which is easily scalable to meet an organization's demands or when the maximum storage capacity is achieved. It contains all relevant technologies in a single appliance that can scale from mid-size businesses to enterprises by meeting their requirements. Because it is based on low software costs with a wide range of options and is independent of new hardware storage, server SAN technology reduces storage management upgrade costs. By decreasing the complexity of data storage, server SAN technology improves performance. The data is stored close to the place from where it is accessed, and the server SAN appliances are scattered around the sites in an enterprise corporate.

VMware, HP, EMC, and IBM are among the most well-known server SAN vendors, although newcomers have emerged as major innovators. The server SAN market research report examines market dynamics, future roadmaps, and worldwide trends, as well as competitive intelligence and 5-year forecasts. Major corporations, as well as small businesses specialising in niche markets, have already invested in this industry.

In the storage business, the server storage area network (SAN) is a rising technology. The technique employs the concept of shared computing and storage, obviating the need for a separate storage array. The technology replaces traditional storage by addressing storage management issues and providing the benefits of improved availability, better performance, and lower prices.