An efficient network that remains the mainstay of IT is responsible for the accelerating consumption of high-performance Ethernet storage fabric. Constant growth in demand for high-throughput data storage solutions primarily drives Ethernet storage fabric market worldwide. A recent study of Fairfield Market Research suggests that climbing adoption of cloud-based services and solutions will account for heavy growth of global ethernet storage fabric market in future. The market will largely gain from soaring demand for faster, flexible, intelligent, and cost-effective data storage network solutions.
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While a greater number of enterprises have been adding to the existing demand for data storage solutions, revenue generation opportunities are more likely to remain concentrated in open network architecture. This will continue to be an important factor boosting market growth. Preliminary findings in report also indicate direct proportion between the mobile phone user base, and data storage solutions. Data centres have witnessed exponential growth over the recent past, thereby creating opportunities for Ethernet storage fabric providers. Data centres are likely to remain the top consumer segment for key vendors in Ethernet storage fabric market.
Market to Benefit from Growing Ubiquity of Cloud Technology, and Enterprise Mobility
As enterprises embrace enterprise mobility solutions to meet long-term business goals in terms of data management, and efficiency, Ethernet storage fabric is more likely to see its demand growing. With superior benchmarks being set with respect to performance attributes, scalability, and bandwidth, solutions like Ethernet storage fabric will remain highly attractive. The report projects that more organisations will seek a lesser complex data centre management process, pushing demand for the fabric further, which is also supported by substantially increasing virtualisation worldwide. A growing role of cloud services and solutions in modern business environment also indicates ample opportunity for Ethernet storage fabric market participants. Hyper-converged infrastructures, and large-scale enterprises have been particularly perceiving Ethernet storage fabric as an ideal storage solution. A number of SMBs have also been seeking more efficient networking solutions to achieve improved data security. Ethernet storage fabric market is thus all set for a bright future, with the ballooning enterprises sector.
Asia Pacific Emerges Lucrative, North America Maintains Lead
North America, led by the US, continues to lead the pack in terms of Ethernet storage fabric adoption. The region maintains its attractiveness quotient on account of its primacy in datacentre technologies. On the other hand, the market is poised for a host of revenue generation opportunities in Asia Pacific. Fast-developing economies in the Asian subcontinent, i.e., China, Japan, and India will be at the forefront of demand generation as they consistently witness rapid cloud technology penetration. A constant upsurge in public cloud deployment across these countries is expected to fuel market growth here. An enormously expanding mobile user base is another strong factor pushing the opportunistic potential of Asia Pacific in Ethernet storage fabric market.
Key Players in Global Ethernet Storage Fabric Market
Intel Corporation, Dell Technologies Inc., Lenovo Group, IBM Corporation, Huawei Technologies, Hewlett Packard Enterprise Company, Cisco Systems Inc., Microsemi Corporation, Apeiron Data Systems, Juniper Networks Inc., Arista Networks, Fortinet, Argo Technologies SA, and Mellanox Technologies are some of the leading companies that have been profiled in Fairfield’s global Ethernet storage fabric market report.
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