North America Storage Area Network (SAN) Market Size, Share & Trends Analysis Report By Type (Hyperscale Server SAN, and Enterprise Server SAN), By Component, By Technology, By Vertical, By Country and Growth Forecast, 2024 - 2031
The North America Storage Area Network (SAN) Market would witness market growth of 9.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Storage Area Network (SAN) Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,326.2 million by 2031. The Canada market is experiencing a CAGR of 12.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.2% during (2024 - 2031).
The adoption of flash storage and Non-Volatile Memory Express (NVMe) technology continues to accelerate, driving demand for SAN solutions optimized for high-speed, low-latency storage access. SAN vendors are developing NVMe over Fabric (NVMe-oF) solutions to unlock the full performance potential of NVMe SSDs in SAN environments.
Moreover, this convergence enables organizations to leverage ethernet networks for SAN connectivity, lowering costs and enhancing scalability.
E-commerce operations rely on swift and reliable transaction processing to ensure seamless customer experiences in North America. SANs facilitate efficient data access and retrieval, enabling e-commerce platforms to process transactions rapidly and handle peak loads without compromising performance in North America. SANs optimize I/O operations and reduce latency, ensuring that e-commerce systems can deliver real-time responses to customer requests and transactions in North America.
Based on Type, the market is segmented into Hyperscale Server SAN, and Enterprise Server SAN. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Technology, the market is segmented into Fiber Channel (FC), Fiber Channel over Ethernet (FCoE), InfiniBand, and iSCSI Protocol. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government, E-commerce, Energy & Utility, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- IBM Corporation
- NEC Corporation
- Hewlett Packard Enterprise Company
- Dell Technologies, Inc.
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Cisco Systems, Inc.
- Fujitsu Limited
- Lenovo Group Limited
- Oracle Corporation
- Citrix Systems, Inc. (Cloud Software Group, Inc.)
By Type
- Hyperscale Server SAN
- Enterprise Server SAN
- Hardware
- Software
- Services
- Fiber Channel (FC)
- Fiber Channel over Ethernet (FCoE)
- InfiniBand
- iSCSI Protocol
- BFSI
- IT & Telecom
- Government
- E-commerce
- Energy & Utility
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Storage Area Network (SAN) Market, by Type
- 1.4.2 North America Storage Area Network (SAN) Market, by Component
- 1.4.3 North America Storage Area Network (SAN) Market, by Technology
- 1.4.4 North America Storage Area Network (SAN) Market, by Vertical
- 1.4.5 North America Storage Area Network (SAN) Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnership & Collaboration: 2021, Apr – 2024, Feb) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Storage Area Network (SAN) Market by Type
- 5.1 North America Hyperscale Server SAN Market by Region
- 5.2 North America Enterprise Server SAN Market by Region
- Chapter 6. North America Storage Area Network (SAN) Market by Component
- 6.1 North America Hardware Market by Country
- 6.2 North America Software Market by Country
- 6.3 North America Services Market by Country
- Chapter 7. North America Storage Area Network (SAN) Market by Technology
- 7.1 North America Fiber Channel (FC) Market by Country
- 7.2 North America Fiber Channel over Ethernet (FCoE) Market by Country
- 7.3 North America InfiniBand Market by Country
- 7.4 North America iSCSI Protocol Market by Country
- Chapter 8. North America Storage Area Network (SAN) Market by Vertical
- 8.1 North America BFSI Market by Country
- 8.2 North America IT & Telecom Market by Country
- 8.3 North America Government Market by Country
- 8.4 North America E-commerce Market by Country
- 8.5 North America Energy & Utility Market by Country
- 8.6 North America Others Market by Country
- Chapter 9. North America Storage Area Network (SAN) Market by Country
- 9.1 US Storage Area Network (SAN) Market
- 9.1.1 US Storage Area Network (SAN) Market by Type
- 9.1.2 US Storage Area Network (SAN) Market by Component
- 9.1.3 US Storage Area Network (SAN) Market by Technology
- 9.1.4 US Storage Area Network (SAN) Market by Vertical
- 9.2 Canada Storage Area Network (SAN) Market
- 9.2.1 Canada Storage Area Network (SAN) Market by Type
- 9.2.2 Canada Storage Area Network (SAN) Market by Component
- 9.2.3 Canada Storage Area Network (SAN) Market by Technology
- 9.2.4 Canada Storage Area Network (SAN) Market by Vertical
- 9.3 Mexico Storage Area Network (SAN) Market
- 9.3.1 Mexico Storage Area Network (SAN) Market by Type
- 9.3.2 Mexico Storage Area Network (SAN) Market by Component
- 9.3.3 Mexico Storage Area Network (SAN) Market by Technology
- 9.3.4 Mexico Storage Area Network (SAN) Market by Vertical
- 9.4 Rest of North America Storage Area Network (SAN) Market
- 9.4.1 Rest of North America Storage Area Network (SAN) Market by Type
- 9.4.2 Rest of North America Storage Area Network (SAN) Market by Component
- 9.4.3 Rest of North America Storage Area Network (SAN) Market by Technology
- 9.4.4 Rest of North America Storage Area Network (SAN) Market by Vertical
- Chapter 10. Company Profiles
- 10.1 IBM Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Partnerships, Collaborations, and Agreements:
- 10.1.5.2 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 NEC Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.5.3 Acquisition and Mergers:
- 10.2.6 SWOT Analysis
- 10.3 Hewlett Packard Enterprise Company
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Acquisition and Mergers:
- 10.3.6 SWOT Analysis
- 10.4 Dell Technologies, Inc.
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental and Regional Analysis
- 10.4.4 Research & Development Expense
- 10.4.5 Recent strategies and developments:
- 10.4.5.1 Partnerships, Collaborations, and Agreements:
- 10.4.5.2 Acquisition and Mergers:
- 10.4.6 SWOT Analysis
- 10.5 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Segmental and Regional Analysis
- 10.5.4 Research & Development Expenses
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Product Launches and Product Expansions:
- 10.5.6 SWOT Analysis
- 10.6 Cisco Systems, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expense
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Acquisition and Mergers:
- 10.6.6 SWOT Analysis
- 10.7 Fujitsu Limited
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Segmental and Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.6 SWOT Analysis
- 10.8 Lenovo Group Limited
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Segmental and Regional Analysis
- 10.8.4 Research & Development Expense
- 10.8.5 SWOT Analysis
- 10.9 Oracle Corporation
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Segmental and Regional Analysis
- 10.9.4 Research & Development Expense
- 10.9.5 SWOT Analysis
- 10.10. Citrix Systems, Inc. (Cloud Software Group, Inc.)
- 10.10.1 Company Overview
- 10.10.2 SWOT Analysis
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