PUBLISHER: KBV Research | PRODUCT CODE: 1484288
PUBLISHER: KBV Research | PRODUCT CODE: 1484288
The Europe Storage Area Network (SAN) Market would witness market growth of 10.1% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $2,816.6 million by 2031. The UK market is exhibiting a CAGR of 9.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 10.9% during (2024 - 2031).
Content delivery networks (CDNs) and media streaming platforms rely on SANs to efficiently store and deliver multimedia content. SANs enable high-throughput data access, ensuring seamless content delivery to end-users while maintaining performance and scalability.
Additionally, ANs provide a reliable and scalable data analytics and business intelligence (BI) application storage infrastructure. By storing large volumes of structured and unstructured data, SANs enable organizations to perform complex analytics, extract actionable insights, and make informed business decisions.
According to the International Trade Administration, the number of e-commerce consumers in Spain reached 30 million in 2021. eCommerce penetration was estimated at 63%, and internet penetration at 83% in 2021. By 2025, there will be 37 million eCommerce users, a 25% increase. The growth of e-commerce in Spain necessitates scalable storage solutions that can accommodate increasing data volumes and transactional loads.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Storage Area Network (SAN) Market Report Segmentation
By Type
By Component
By Technology
By Vertical
By Country