Storage Area Network Equipment Market Size, Competitive Strategies and Forecasts, 2015 to 2025
by Susan Hill Business Consultant7
September 2018, The global Storage
Area Network Equipment Market is
expected to witness robust growth over the coming decade. Rising need to
minimize the complexities of organizational storage systems and increasing
adoption of virtualization technology by many companies are key factors
contributing toward market growth. Furthermore, growing adoption of fiber
channel over Ethernet is boosting demand for storage area network (SAN)
equipment.
The
market has been witnessing increased application of SAN devices in the cloud
computing domain. The various facilities of SAN switch and adapter devices are
forcing cloud service providers to accept these devices to provide better and
more reliable services to end users. With these switches and devices,
organizations can control storage virtualization, improve utilization of
storage resources, and simplify storage management.
Low
upgradation cost of storage area network is another driver boosting the
industry. A large amount of data is being created on a daily basis, which leads
to need for additional data center infrastructure for management of said data.
This upgrading of infrastructure includes incremental costs for storage
subsystems, flash, servers, solid state drivers, and network-attached storage.
SAN technology helps in minimizing these costs as the storage management in
this system is independent of additional hardware storage and is based on
low-cost software.
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Key
components for SAN equipment include host bus adapters (HBA), switches, and
cabling. HBA is an integrated circuit device that provides I/O processing and
physical connectivity between a server and storage device. Wiring is used to
connect the HBA’s port to the corresponding switch. Cabling can be optical
fiber cabling or copper wiring. Optical fiber cabling offers several benefits
such as high performance, reliability, scalability, speed, and ability to work
efficiently in long-distance connections.
Leading
end-use sectors include manufacturing, energy and utility, public sector,
transportation, banking and financial services, and telecommunication.
Regionally,
the global storage area network equipment market encompasses Europe, North
America, Asia Pacific, Middle East and Africa, and Latin America. North America
and Europe are prominent markets due to rising efforts toward reduction of
operating expenses and simplification of IT management. Moreover, establishment
of large businesses implementing SAN equipment is anticipated to increase
demand in these regions.
Asia
Pacific has been identified as a highly lucrative market. In emerging countries
such as Japan, India, and China, rising per capita income, growing population
base, and increasing data traffic are having a positive impact on market
growth.
Leading
service providers in the market include Cisco Systems Inc.; Emulex Corp.;
Brocade Communication Systems Inc.; and QLogic Corp. Other prominent vendors
include ATTO, Arista, Intel, Mellanox, Neterion, Myricom, BLADE, Chelsio, LSI,
and Voltaire.
Most
players are focusing on introduction of advanced solutions to improve their
offerings and strengthening their position in the market. Other competitive
strategies adopted by major players to increase their market share include
partnerships, agreements, collaborations, and acquisitions. In March 2016,
Emulex Corp. and Brocade Communication Systems Inc. launched a new product
called LPe32002 FC Host Bus Adapter. This Gen 6 (16/32 Gb) fiber channel is
designed to address the demanding reliability, performance, and management
requirements of modern networked storage systems.
QLogic
Corp recently launched the QLE2690 Series of enhanced Gen 5 FC adapters and the
QLE2700 Series of Gen 6 FC adapters. These new adapters are designed for data
centers that require elevation in fiber channel performance, reliability, power
efficiency, and investment protection to cater to rising demands of private and
virtualized cloud environments.
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Created on Sep 7th 2018 07:28. Viewed 470 times.