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Storage Area Network (SAN) Market Comprehensive Study


Newark, NJ, May 26, 2022 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, TheĀ global storage area network (SAN) market was expected to grow from USD 18 billion in 2019 to USD 25.6 billion by 2027, at a CAGR of 4.55% during the forecast period 2020-2027. North America ruled the global storage region network market, trailed by Europe and the Asia Pacific is anticipated to have the fastest development, attributable to various elements including expanding information traffic, rising number of server farms, and the necessity for improved information storage the board in creating economies. Asia Pacific is required to see development in the storage area network solutions market among these areas. This is for the most part due, alongside the expanding accentuation of storage area network solution merchants on creating solid market nearness, a solid increment in the IT speculations of ventures across enterprises.

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Oracle Corporation, Hitachi Ltd., Huawei Technologies Co., Ltd., NetApp, Inc., NEC Corporation, Dell Technologies Inc., IBM Corporation, Fujitsu Limited, IDG Communications, Inc., Hewlett Packard Enterprise, Pure Storage, and Cisco Systems, Inc. are some of the proficient players of the global storage area network. They are mostly focussed on bringing the new technologies & expanding their territories to grab the significant market share in the future.

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