According to Stratistics MRC, the key factors that are driving the growth of Storage area network market are growing demand for data centers to store huge amount of data generated by business operations and the requirement of efficient data management solutions. However, absence of awareness particularly in promising markets such as North Africa, Argentina and Brazil, about the benefits of new storage technologies and operation problems due to complicated integration structure and few other technical issues are the factors that are hampering the growth of global storage area network market.
Software-defined storage, scale-out network-attached storage (NAS), hybrid flash arrays and all-flash are three of the most important trends in NAS and SAN storage that will take grip within the next five years. Presently, North America dominates the storage area network market and is anticipated to carry on its supremacy over the forecast period, followed by Western Europe.
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Some of the key players in global storage area network market are SimpliVity Corp., Scale Computing Inc., Nutanix Inc., Hitachi Ltd., Hewlett-Packard (HP) Co., EMC Co., Data-Core Systems Inc. and Citrix systems Inc.
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