SAN Switches Trends and Forecast
The future of the global SAN switches market looks promising with opportunities in the IT and telecommunications, government offices and education, healthcare, and aerospace & defense markets. The global SAN switches market is expected to reach an estimated $4.4 billion by 2030 with a CAGR of 21.1% from 2024 to 2030. The major drivers for this market are rapid expansion of IT sectors, increased investments in technology led to rising demand for storage solutions, and rising adoption of cutting-edge technologies worldwide.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
SAN Switches by Segment
The study includes a forecast for the global SAN switches by enterprise size, type, end use, and region.
SAN Switches Market by Enterprise Size [Shipment Analysis by Value from 2018 to 2030]:
• SMEs
• Large Enterprises
SAN Switches Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• 4 GBPS
• 8 GBPS
• 16 GBPS
• Others
SAN Switches Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• IT and Telecommunications
• Government Offices and Education
• Healthcare
• Aerospace & Defense
• Others
SAN Switches Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of SAN Switches Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies SAN switches companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the SAN switches companies profiled in this report include-
• Broadcom
• Cisco Systems
• Qlogic Corporation
• CTC Technologies
• Emulex
• ATTO
• Citrix Systems
• Nutanix
• Datacore Software
• Juniper Networks
SAN Switches Market Insights
Lucintel forecasts that SMEs is expected to witness highest growth over the forecast period because of the benefits offered by SAN such as centralized control shared storage, and flexibility.
Within this market, IT and telecommunications will remain the largest segment due to growing investment in the technology sector and IT expansion.
APAC will remain the highest growing region over the forecast period because the providers of SAN solutions are placing more and more focus on developing a strong market presence, and businesses across all industries are investing more in IT.
Features of the Global SAN Switches Market
Market Size Estimates: SAN switches market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: SAN switches market size by enterprise size, type, end use, and region in terms of value ($B).
Regional Analysis: SAN switches market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different enterprise size, type, end use, and regions for the SAN switches market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the SAN switches market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the SAN switches market size?
Answer: The global SAN switches market is expected to reach an estimated $4.4 billion by 2030.
Q.2 What is the growth forecast for SAN switches market?
Answer: The global SAN switches market is expected to grow with a CAGR of 21.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the SAN switches market?
Answer: The major drivers for this market are rapid expansion of IT sectors, increased investments in technology led to rising demand for storage solutions, and rising adoption of cutting-edge technologies worldwide.
Q4. What are the major segments for SAN switches market?
Answer: The future of the global SAN switches market looks promising with opportunities in the IT and telecommunications, government offices and education, healthcare, and aerospace & defense markets.
Q5. Who are the key SAN switches market companies?
Answer: Some of the key SAN switches companies are as follows:
• Broadcom
• Cisco Systems
• QLogic Corporation
• CTC Technologies
• Emulex
• ATTO
• Citrix Systems
• Nutanix
• DataCore Software
• Juniper Networks
Q6. Which SAN switches market segment will be the largest in future?
Answer: APAC will remain the highest growing region over the forecast period because the providers of SAN solutions are placing more and more focus on developing a strong market presence, and businesses across all industries are investing more in IT.
Q7. In SAN switches market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the SAN switches market by enterprise size (SMEs and large enterprises), type (4 GBPS, 8 GBPS, 16 GBPS, and others), end use (IT and telecommunications, government offices and education, healthcare, aerospace & defense, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to SAN Switches Market, SAN Switches Market Size, SAN Switches Market Growth, SAN Switches Market Analysis, SAN Switches Market Report, SAN Switches Market Share, SAN Switches Market Trends, SAN Switches Market Forecast, SAN Switches Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.