Global Storage Area Artificial Intelligence Network Market Size, Share & Trends Analysis Report By Offering (Hardware, and Software), By Storage Medium, By Storage Architecture, By Regional Outlook and Forecast, 2024 - 2031

The Global Storage Area Artificial Intelligence Network Market size is expected to reach $70.66 billion by 2031, rising at a market growth of 24.5% CAGR during the forecast period.

The presence of leading tech giants, a strong focus on research and development, and significant investments in AI and data management systems contribute to its market dominance. In North America, IT, healthcare, and retail industries leverage AI-driven storage solutions to optimize operations and enhance efficiency. Furthermore, the escalating adoption of cloud computing, coupled with the expansion of data centers, is propelling the demand for scalable and efficient AI-enhanced SAN systems within the region. Thus, the North America segment recorded 36% revenue share in the market in 2023. The region's advanced technological infrastructure and early adoption of AI-powered solutions across industries drive the North America segment.

The major strategies followed by the market participants are Partnership as the key developmental strategy to keep pace with the changing demands of end users. For instance, In January, 2025, IBM Corporation and CoreWeave has partnered to deliver a cutting-edge AI supercomputer, leveraging NVIDIA GB200 superchips and IBM’s Storage Scale System. This collaboration aims to accelerate AI research and supports the development of IBM’s Granite models for optimized enterprise AI applications. Additionally, In October, 2024, Huawei Technologies Co., Ltd. and Talaat Moustafa Group (TMG) partnered to bring AI-powered cloud technology to Egypt, focusing on smart city development. This collaboration involves cloud data centers, scalable infrastructure, and advanced AI solutions, aligning with trends in AI-driven storage and network markets.

Market Growth Factors

The proliferation of IoT (Internet of Things) devices is a major contributor to this data explosion. Connected devices, encompassing smart home systems and industrial machinery, perpetually produce real-time data streams for the purposes of monitoring, analytics, and automation. Hence, the demand for AI-SAN solutions will grow as global data creation accelerates.

Additionally, due to latency issues and limited processing capabilities, traditional storage systems often fail to support real-time data demands. This is where AI-Enabled Storage Area Networks (AI-SAN) emerge as a transformative solution. AI-SAN systems combine advanced data storage technologies with artificial intelligence to process and analyze data at unparalleled speeds. Thus, these factors will aid in the expansion of the market.

Market Restraining Factors

Organizations adopting AI-driven SAN solutions must invest significantly in advanced hardware components, including high-performance servers, GPUs, and network infrastructure. Additionally, specialized software solutions tailored to handle AI processing and data storage complexities further escalate the costs. Consequently, the high implementation costs create a substantial barrier to entry, limiting the widespread adoption of AI technologies in the market and slowing the overall growth of this innovative sector.

Offering Outlook

Based on offering, the market is bifurcated into hardware and software. The hardware segment garnered 57% revenue share in the market in 2023. High-performance servers, graphics processing units (GPUs), networking equipment, and storage devices—the cornerstones of AI-driven SAN systems—are among the advanced infrastructure components that are driving this growth.

Storage Medium Outlook

On the basis of storage medium, the market is classified into hard disk drive (HDD) and solid state drive (SSD). The hard disk drive (HDD) segment recorded 46% revenue share in the market in 2023. The segment is propelled by its cost-efficiency and capacity to offer substantial storage solutions, rendering it an optimal choice for organizations with significant data storage requirements.

Storage Architecture Outlook

By storage architecture, the market is divided into file storage, object storage, block storage, and hybrid storage. The object storage segment garnered 12% revenue share in the market in 2023. The segment is propelled by its scalability and advanced metadata capabilities, which make it ideal for managing vast amounts of unstructured data in cloud-native environments.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment witnessed 32% revenue share in the market in 2023. The region's emphasis on sustainability and innovation in storage solutions further contributes to the expansion of the market.

Recent Strategies Deployed in the Market

• Oct-2024: Huawei Technologies Co., Ltd. and Talaat Moustafa Group (TMG) partnered to bring AI-powered cloud technology to Egypt, focusing on smart city development. This collaboration involves cloud data centers, scalable infrastructure, and advanced AI solutions, aligning with trends in AI-driven storage and network markets.
• Sep-2024: Oracle Corporation and AWS announced a strategic partnership with the launch of Oracle Database@AWS. This offering provides access to Oracle Autonomous Database and Exadata Database Service on AWS, simplifying migration, enhancing security, flexibility, and enabling seamless integration with AWS services.
• Sep-2024: NetApp, Inc. has partnered with Aruba, Italy's leading cloud and hosting services provider, to deliver innovative, secure data solutions branded Powered by NetApp for customers across Europe.
• Sep-2024: Oracle has expanded its distributed cloud portfolio, introducing new offerings like Oracle Database AWS, Oracle Database Azure, Oracle Database Google Cloud, and OCI Supercluster. These additions enhance the deployment of AI and cloud services, providing businesses with greater scalability and flexibility across multiple environments.
• Feb-2024: Huawei Technologies Co., Ltd. launched three innovative data storage solutions at MWC Barcelona 2024: AI data lake, all-scenario data protection, and DCS full-stack data center solutions. These aim to enhance data infrastructure for AI, improving data management, backup, and storage efficiency.
• May-2024: IBM Corporation and Palo Alto Networks announced a partnership to deliver AI-powered security outcomes. As part of the deal, Palo Alto Networks will acquire IBM's QRadar SaaS assets for, facilitating migration to the Cortex XSIAM® security platform.
• Feb-2024: Samsung Electronics and Arm collaborated to optimize the next-gen Cortex-X CPU using Samsung's GAA process technology. This partnership enhances AI-capable SoCs, focusing on performance and efficiency, supporting innovations in generative AI and the Storage Area Artificial Intelligence Network market.

List of Key Companies Profiled

• IBM Corporation
• Oracle Corporation
• NetApp, Inc.
• Samsung Electronics Co., Ltd. (Samsung Group)
• Microsoft Corporation
• Hitachi Vantara LLC (Hitachi Ltd.)
• SAP SE
• NVIDIA Corporation
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• Intel Corporation

Global Storage Area Artificial Intelligence Network Market Report Segmentation

By Offering

• Hardware
• Software

By Storage Medium

• Solid State Drive (SSD)
• Hard Disk Drive (HDD)

By Storage Architecture

• File Storage
• Block Storage
• Hybrid Storage
• Object Storage

By Geography

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA