How big is the storage area network (san) solutions market today, and what are its future growth expectations?
The storage area network (SAN) solutions market size has grown strongly in recent years. It will grow from $20.91 billion in 2024 to $22.13 billion in 2025 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increasing data generation and storage needs, improving storage availability and reliability, data explosion from enterprise applications, data center consolidation, and regulatory compliance requirements.
The storage area network (SAN) solutions market size is expected to see strong growth in the next few years. It will grow to $27.4 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to growing middle class population, increasing ICT spending, flexibility and scalability, rising urbanization, increasing adoption of cloud computing, and increasing demand for scalable and efficient storage. Major trends in the forecast period include increasing focus on data security and compliance, emergence of big data and analytics, proliferation of internet of things (IoT) devices, adoption of artificial intelligence and machine learning, and technological developments.
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What have been the primary factors driving the storage area network (san) solutions market’s growth?
The rising e-commerce sector is expected to propel the growth of the storage area network (SAN) solutions market going forward. E-commerce involves purchasing and selling goods and services online. The rising e-commerce sector is due to convenience, accessibility, and personalization of the products. Storage area network (SAN) solutions play a pivotal role in supporting the storage, performance, and operational needs of e-commerce businesses amidst the sector’s rapid growth. Leveraging SAN technologies, e-commerce platforms efficiently handle data-intensive operations, ensure high availability and security, and deliver seamless customer experiences, driving business success in a competitive digital marketplace. For instance, in May 2024, according to the Bureau of the Department of Commerce, a US-based government website, the first quarter of 2024 e-commerce estimate rose by 8.5% compared to the first quarter of 2023, while total retail sales grew by 2.8% during the same period. Therefore, the rising e-commerce sector drives the storage area network (SAN) solutions market.
What are the key segments within the storage area network (san) solutions market?
The storage area network (SAN) solutions market covered in this report is segmented –
1) By Component: Software, Hardware, Services
2) By Server: Hyperscale Server SAN, Enterprise Server SAN
3) By Technology: Fiber Channel (FC), Fiber Channel Over Ethernet (FCoE), InfiniBand, iSCSI Protocol
4) By Application: Banking, Financial Services And Insurance, Information Technology And Telecom, Retail, Education, Healthcare, Manufacturing, Government, Other Applications
Subsegments:
1) By Software: SAN Management Software, Data Protection Software (Backup And Recovery), Virtualization Software, Storage Resource Management Software, Security And Encryption Software
2) By Hardware: Fibre Channel Switches, Storage Controllers, Disk Arrays, Host Bus Adapters (HBAs), Cables And Connectors, Storage Servers
3) By Services: Consulting And Integration Services, Installation And Deployment Services, Maintenance And Support Services, Managed Services, Training And Education Services
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Which key players are shaping the storage area network (san) solutions market?
Major companies operating in the storage area network (SAN) solutions market are NEC Corporation, Samsung Electronics Co Ltd., Dell Technologies Inc., Huawei Technologies Co Ltd., Hitachi Ltd., IBM Corporation, Cisco Systems Inc., Oracle Corporation, Fujitsu Limited, Micron Technology Inc., Hewlett Packard Enterprise Co., NetApp Inc., Super Micro Computer Inc., OpenText Corporation, Pure Storage Inc., Pure Storage Inc., Veritas Technologies LLC, Veeam Software, Cohesity Inc., DataDirect Networks, Synology Inc., Pivot3, Zadara Storage Inc., IDG Communications Ltd
How will emerging trends drive the storage area network (san) solutions market throughout the forecast period?
Major companies operating in the storage area network (SAN) solutions market are focused on developing innovative products such as ransomware protection to gain a competitive edge in the market. Ransomware protection refers to a set of strategies, tools, and practices designed to prevent, detect, and mitigate ransomware attacks on computer systems, networks, and data. For instance, in May 2023, NetApp Inc., a US-based technology company that specializes in data management and cloud services, launched the NetApp ASA A-series, a first block-only SAN array, aimed at simplifying storage solutions for customers focused solely on block storage. This introduction is part of a strategic move to cater to the growing demand for dedicated block storage systems among its existing customer base, which already includes over 20,000 users for SAN workloads, with 5,000 specifically utilizing SAN-only configurations. The ASA A-series is designed exclusively for block storage, differentiating it from NetApp’s previous unified storage offerings that supported multiple protocols, including file and object storage. This specialization allows for enhanced performance and efficiency in environments that require only block-level access.
How do regional factors impact the storage area network (san) solutions market, and which region is the largest contributor?
North America was the largest region in the storage area network (SAN) Solution market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the storage area network (SAN) solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Storage Area Network (SAN) Solutions Market Report 2025 Offer?
The storage area network (san) solutions market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A storage area network (SAN) is a dedicated, high-performance network architecture that enables centralized and consolidated storage for multiple servers. They are designed to provide block-level data storage access to servers, allowing them to access storage devices as if they were locally attached.
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