Technavio says global data center SAN market to reach over $44 billion by 2020

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This market research report includes a detailed segmentation of the global data center storage area network (SAN) market by application (fiber channel (FC) SAN and iSCSI SAN). The report further highlights the primary drivers influencing the growth of the market. It also outlines the market shares for key regions such as the Americas, APAC, and EMEA, along with the market shares of key vendors that include Brocade, Cisco, Dell, EMC, HP, Huawei, Lenovo, and NetApp.

Technavio’s market research analysts estimate the global data center SAN market, to grow at a CAGR of around 22% between 2016 and 2020. Growing adoption of cloud-based storage and the need for better utilization of data center storage systems has boosted the demand for data center SAN, which provides block level data storage for applications running on networked servers. SAN is increasingly gaining traction among enterprises because it offers better flexibility, availability, and performance compared to DAS storage systems. The Americas dominate the market as the region is home to the highest number of data center facilities. Most of the data centers in the US are extending existing facilities with more rack cabinets and storage systems to cope with the growing demands of the market.

The new market research report from Technavio provides a breakdown and analysis of the data center SAN segments by technology.

“Product innovations in this market are expected to boost the market growth during the forecast period. Vendors are constantly innovating in packaging, formulations, and are even inventing new ways to increase consumption of their products. For instance, the flash-based SAN storage systems will gain increased traction among enterprise data center operators in the upcoming years,” says Rakesh Panda, Lead Analyst, ICT, Technavio Research.

The FC SAN segment dominated the market during 2015, with a CAGR of around 26% till 2020. The FC technology has been in the industry for a decade now, where instead of Ethernet, FC SAN switches are used to transfer data to multiple servers connected to the SAN storage pool. Another factor that is likely to boost the growth of this segment is fiber channel over Ethernet (FCoE), which is a new terminology in which FC frames are transferred over the Ethernet networks that enable data transfer speed at 10/40Gbps.

The major players in the global data center SAN market include Brocade, Cisco, Dell, EMC, HP, Huawei, Lenovo, and NetApp. The implementation of unified storage systems has become a fast-moving trend among consumers, which has captivated the providers in the data center SAN market. As a result, almost every vendor in the market has started offering unified storage systems, thus increasing the competition in the market. Providers in the storage market are offering hybrid SAN-NAS solutions, through which business can merge block- and file-based data onto a common array.

A more detailed analysis is available in the Technavio report, Global Data Center SAN market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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