Global SAN Hardware Market to Cross US$16.6 Billion by 2030, Powered by NVMe, Hyperscale Expansion, and AI-Driven Workloads

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According to this new global market research report from TechMarket Experts, a unit of Industry Experts, Inc., the Storage Area Network (SAN) Hardware Market is expected to grow from US$11.6 billion in 2024 to over US$16.6 billion by 2030, at a compound annual growth rate (CAGR) of 6.1%. Fueled by rising data intensity across industries, the market is undergoing a structural transformation marked by the shift to NVMe architectures, hyperscale-driven procurement models, and evolving compliance standards.

The report underscores the growing role of SAN hardware in supporting latency-sensitive, high-throughput applications, from AI and big data analytics to digital payments and real-time healthcare systems. While North America remains the largest regional market, accounting for over one-third of global spending in 2024, Asia-Pacific is forecast to be the fastest-growing, led by surging investments in cloud-first infrastructure, especially in China, India, and Southeast Asia.

By technology, Fiber Channel switches continue to hold the highest market share, supported by ongoing refresh cycles and demand from highly regulated verticals. InfiniBand, however, is the standout in growth potential, with adoption accelerating across HPC and AI environments. The enterprise segment is also gaining ground, expanding at a 7.1% CAGR, as companies in BFSI, healthcare, and manufacturing adopt hybrid SAN deployments to ensure data integrity, availability, and scalability.

The report provides detailed segmentation across technology, deployment model, company type, and industry verticals, with coverage of five global regions and data for 29 individual countries. It also features profiles of over 18 leading SAN vendors, including Dell Technologies, IBM, HPE, NetApp, Cisco, Huawei, Pure Storage, and others.

To request a sample or explore licensing options, visit the official report page at SAN Hardware Market Report or contact +1-320-497-3787.

About TechMarket Experts
TechMarket Experts, a unit of Industry Experts, Inc., is your trusted source for independent and unbiased market research reports focused exclusively on the Information Technology (IT) and IT-enabled services industries. We provide forward-looking insights and strategic data to empower corporate decision-makers, analysts, and innovators navigating the dynamic global tech landscape. For more information, visit https://techmarketexperts.com or contact us at +1-320-497-3787.

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