It is anticipated that the growing utilization of SANs among smaller and medium-sized businesses (SMEs) will support the growth of the market, particularly in developing economies. This adoption of SANs among smaller businesses is primarily driven by the benefits offered by SANs, such as flexibility, shared storage, and centralized control, in order to share capacity between numerous hosts. This adoption of SANs is also being driven by the fact that SANs offer these benefits. As a consequence of this, key SAN solution suppliers are continually focusing on solutions that are simple to operate and are cost-effective for smaller businesses. This, in turn, is anticipated to support the expansion of the global storage area network (SAN) market during the course of the projected year.
The global Storage Area Network (SAN) market was valued at US$ 17,823.4 Mn in 2019 and is forecast to reach a value of US$ 23,471.8 Mn by 2027 at a CAGR of 3.5% between 2020 and 2027.
Leading Companies in the Storage Area Network Industry:
1. IBM Corporation
IBM Corporation was founded in 1911 and its headquarter in Armonk, New York, United States.. The company operates in 170 countries.
2. Brocade Communications Systems
Brocade Communications Systems ,founded in 1995, and it’s located in San Jose, California, United States. The company operates in 60 countries.
3. Dell Inc.
Dell Inc. AG was launch in 1984 and it’s headquarter located in Round Rock, Texas, United States.it operate over 180 country .In2020 Dell EMC Unity is one of Dell EMC's mid-range storage array product lines. It was designed from the ground up as the next generation midrange unified
4. QLogic Corporation
QLogic Corporation was launch in 1992 and it’s headquarter located in Aliso Viejo, California, United States.it operate over 50 country In In connection with the technology and marketing alliance agreement, QLogic also acquired Brocade's Fibre Channel and converged network adapter
5. Citrix Systems.
Citrix Systems founded in 1989, with its headquarters in Fort Lauderdale, Florida, United States. .With businesses in over 100 countries. In 2022 Citrix acquired NetScaler, which now provides wide area network load balancers and SD-WAN softwar
6. Hitachi Data Systems
Hitachi Data Systems was launch 1989 and its headquarter Santa Clara, California, United States . it operate over 100 country. Hitachi Data Systems (HDS) was a provider of modular mid-range and high-end computer data storage systems, software and services.
7. DataCore Software
Citrix Systems founded in 1998, with its headquarters in Fort Lauderdale, Florida, United States. .With businesses in over 90 countries.
*Definition- A storage area network refers to a high-speed network, which interconnects and presents a shared band of storage devices to various servers. SANs are typically helpful in backup and disaster recovery settings.