LAMEA 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 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.

Free Valuable Insights: The Worldwide Storage Area Network (SAN) Market is Projected 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 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.)

LAMEA 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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA