Ethernet Storage Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI3407
Ethernet Storage Market size is predicted to register lucrative growth in the projected timeframe due to an increase in demand for simplified data center management, rapid adoption of cloud services across enterprises for data storage, and management & development of network virtualization techniques. The increase in demand for enterprise mobility to improve the overall efficiency is also driving the market. The increase in adoption of the Hyper-Converged Infrastructure (HCI) by data centers for rapidly deploying the virtualized networks, reducing network complexities, and improving operational efficiency is also fueling the ethernet storage market growth. The adoption of ethernet due to its reliability and cost-effectiveness is also contributing significantly to the market growth. The increase in network traffic due to the rise in the number of wireless network devices is enabling enterprises to deploy ethernet storage for controlling network paths.
Ethernet storage uses the flexibility, speed, and cost efficiencies of ethernet to power fast and efficient networking storage. It runs on the purpose-built switch, which helps in delivering the highest level of performance, low latencies, and zero packet losses. It is capable of simultaneously handling compute and storage traffic and supports NVMe (Non-Volatile Memory Express) over fabric protocol. It is optimized for storage networking, such as buffers, which are designed to handle bursts in storage traffic, low latency, and predictable performance to maximize data delivery for modern business-critical storage environments. The Ethernet storage allows creating a single physical network using the familiar standards. It helps data centers in native remote data replication and disaster recovery. It provides support for the storage offloads, such as Remote Direct Memory Access (RDMA), which helps to free up CPU resources and improve network performance.
Shortage of technical expertise related to Ethernet storage is one of the main challenges faced by the enterprises during ethernet storage adoption. Ethernet storage is suitable for small & medium businesses but cannot match the business requirements of large enterprises. The limitations of the ethernet’s architecture will restrict IP subnets to connect a limited number of servers, limiting its ability to create large, scalable networks for VM migration and manage large, scalable networks. With rapidly changing technologies, attackers are developing more advanced threats to evade enterprises’ security infrastructure. Continuous upgrades of network security tools are the major requirements of enterprises to prevent sensitive data from advanced cyberthreats.
North America is the leading the ethernet storage market due to the rapid adoption of cloud services in the region. The increase in the number of data centers in the region is also fueling the market growth. The presence of the leading global cloud service providers such as Amazon Web Services, Microsoft, Intel, Dell, and Cisco is also a prime factor contributing to market growth. The favorable market conditions in the region for the deployment of enterprise cloud services will help in the growing adoption of Ethernet storage across data centers. The ethernet storage service providers in the region are developing new products to tap the growing market. For instance, in November 2018, Cisco, a leading network solution provider, launched Catalyst 9000 series switches for intent-based network. This new product helped enterprises to deploy a smarter, simpler, and secure network.
Asia Pacific ethernet storage market is expected to show significant growth due to the increasing internet penetration, government support for digitalization, and a growing startup ecosystem across the region. The increase in internet penetration in emerging economies, such as India and China, is resulting in a tremendous increase in network traffic. The enterprises are using ethernet storage fabric to manage this network traffic reliably and cost-effectively. The growing startup ecosystem in India with government initiative Startup India is also contributing significantly to market growth.
The ethernet storage solution providers are developing innovative products to support the changing data center network demands. For instance, in May 2019, Mellanox, an Israel-based leading provider of high-performance solutions for data center servers and storage systems, launched Ethernet Cloud Fabric (ECF) technology based on Spectrum-2. This new solution helped the company in offering an ideal platform for rapidly building and deploying public and private cloud data centers with improved efficiency and manageability. The other major players operating in the ethernet storage market are Huawei Technologies, Arista Networks, Intel Corporation, Cisco Systems, Fortinet, Allied Telesis, D-Link, Vicinity, Argo Technologie, E8 Storage, Mellanox Technologies, Juniper Networks, Hewlett Packard Enterprise, Dell Technologies, Fujitsu, Microsemi Corporation, Lenovo Group, H3C Technologies, Apeiron Data Systems, and E8 Storage.
Ethernet Storage Market, By Device, 2014-2025 (USD Million)
Ethernet Storage Market, By Storage Type, 2014-2025 (USD Million)
- Block Storage
- File Storage
- Object Storage
- Hyper-Converged Infrastructure (HCI)
Ethernet Storage Market, By Application, 2014-2025 (USD Million)
- IT & Telecom
- Aerospace & Defense
The above information has been provided for the following regions and countries:
- North America
- Australia & New Zealand (ANZ)
- South Korea
- Latin America
- South Africa
- Saudi Arabia
- Huawei Technologies
- Arista Networks
- Intel Corporation
- Cisco Systems
- Allied Telesis
- Argo Technologie
- E8 Storage
- Mellanox Technologies
- Juniper Networks
- Hewlett Packard Enterprise
- Dell Technologies
- Microsemi Corporation
- Lenovo Group
- H3C Technologies,
- Apeiron Data Systems
- E8 Storage
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