The Latin America, Middle East and Africa Storage Area Network (SAN) Market would witness market growth of 12.8% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $1,014.8 million by 2031. The Argentina market is registering a CAGR of 13.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 12.5% during (2024 - 2031).
A storage area network (SAN) is a secure and dedicated high-speed data transfer network that provides access to consolidated block-level storage. SANs use hosts, switches, storage elements, and interconnected devices using various technologies, topologies, and protocols.
Additionally, enterprises extensively use SANs to store and manage large volumes of critical data, including databases, application data, and business-critical files. SANs provide centralized storage resources that can be accessed by multiple servers.
The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. E-commerce platforms in the UAE generate vast amounts of data from online transactions, customer interactions, inventory management, and digital marketing activities.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA 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 $1,014.8 million by 2031. The Argentina market is registering a CAGR of 13.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 12.5% during (2024 - 2031).
A storage area network (SAN) is a secure and dedicated high-speed data transfer network that provides access to consolidated block-level storage. SANs use hosts, switches, storage elements, and interconnected devices using various technologies, topologies, and protocols.
Additionally, enterprises extensively use SANs to store and manage large volumes of critical data, including databases, application data, and business-critical files. SANs provide centralized storage resources that can be accessed by multiple servers.
The Dubai Chamber of Commerce and Industry signifies that eCommerce will develop $8 billion in sales by 2025 as the UAE region has nearly 100% internet and mobile phone penetration. E-commerce platforms in the UAE generate vast amounts of data from online transactions, customer interactions, inventory management, and digital marketing activities.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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.)
Market Report Segmentation
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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. LAMEA Storage Area Network (SAN) Market by Type
Chapter 6. LAMEA Storage Area Network (SAN) Market by Component
Chapter 7. LAMEA Storage Area Network (SAN) Market by Technology
Chapter 8. LAMEA Storage Area Network (SAN) Market by Vertical
Chapter 9. LAMEA Storage Area Network (SAN) Market by Country
Chapter 10. Company Profiles
Companies Mentioned
- 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.)
Methodology
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