Storage Area Network Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. A device that connects servers and shared pools of storage devices and is devoted to moving storage traffic is referred to storage area network (SAN) switches. A SAN supports centralized storage management. It helps to move data amongst several storage devices, share data between multiple servers, and backup and restore data quickly and efficiently.
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The factors that propel the growth of the SAN Switches Market include increasing demand, rapid urbanization & industrialization, wide range of applications and product development & technological innovations. The market is classified on the basis of product type, applications, distribution channel and geography. SAN Switches Market is segmented by product type as 4 Gb/s, 8 Gb/s, 16 Gb/s, and others.
Storage Area Network (SAN) Switches Market is classified on applications as aviation, financial, government, media, telecommunications, and others. SAN Switches Industry is segmented by distribution channel as online stores, specialty stores and others. SAN Switches Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa.
The Middle East and African region consists of GCC, South Africa and North Africa. By geography, North America is projected to account a significant share of the SAN Switches Market. Some of the key players that fuel the growth of the market include Brocade, Cisco, Dell, Emulex, IBM, Qlogic, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
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