Asia Pacific 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

Analysis of Market Size & Trends

The Asia Pacific Storage Area Network (SAN) Market would witness market growth of 11.3% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific 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 $3,520.2 million by 2031. The Japan market is showcasing a CAGR of 10.5% during (2024 - 2031). Additionally, The India market would register a CAGR of 12% during (2024 - 2031).

Virtualization platforms such as VMware, Hyper-V, and KVM leverage SANs to enable features like live migration, high availability, and storage provisioning, optimizing resource utilization and enhancing workload flexibility.

Moreover, SAN technology is utilized in high-performance computing environments where rapid data access and processing are essential. SANs offer high-speed, low-latency storage connectivity, making them suitable for HPC applications such as scientific simulations, financial modeling, and engineering analysis.

According to Invest India, India, the third-largest pool of artificial intelligence talent, has enormous potential for an AI revolution. Investments in India’s AI capabilities have grown by 30.8% and are predicted to reach $881 million by 2023. By 2025, the Indian AI industry will be valued at $7.8 billion, or 60% of AI’s Gross Value Added (GVA) in India’s GDP.

Free Valuable Insights: The Global Storage Area Network (SAN) Market is Predict to reach USD 45.2 Billion by 2031, at a CAGR of 10.5%

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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

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.)

Asia Pacific Storage Area Network (SAN) Market Report Segmentation

By Type

• Hyperscale Server SAN
• Enterprise Server SAN

By Component

• Hardware
• Software
• Services

By Technology

• Fiber Channel (FC)
• Fiber Channel over Ethernet (FCoE)
• InfiniBand
• iSCSI Protocol

By Vertical

• BFSI
• IT & Telecom
• Government
• E-commerce
• Energy & Utility
• Others

By Country

• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific