Industry Experts - Market Research Reports, Industry Analysis, Custom Research

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. ...