Product ID: UCMIG45I2164
Report ID:
UCMIG45I2164 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
A Storage Area Network (SAN) is a specialized network architecture crafted for the purpose of delivering swift block-level access to storage devices. SANs typically consist of dedicated hardware components such as switches, host bus adapters (HBAs), and storage arrays. Anticipated factors driving market expansion include the escalating demands for data storage and the increasing need for cloud services. Furthermore, the heightened demand for high-performance computing and the proliferation of virtualization offer substantial growth prospects for the market. Recent developments in SAN technology encompass the adoption of nonvolatile memory express (NVMe) over Fabrics (NVMe-oF), the rise of Software-Defined Storage (SDS), and the convergence of SAN and Network Attached Storage (NAS).
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Technology Hardware, Storage & Peripherals by segment aggregation, the contribution of the Technology Hardware, Storage & Peripherals in Technology Hardware & Equipment and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG45I2164