Global Ethernet Storage Fabric Market By Type (Hardware, Software), Devices (Switches, Adapters, Controllers), Switching Port (10-25GbE, 40-50GbE, 100GbE & Above), Storage Type (Block Storage, File Storage, Object Storage, HCI), Application (Enterprise Data Center, Cloud Service Provider Data Center, Telecommunications, Government, Aerospace, Oil & Gas, Power & Utilities, Manufacturing & Processing, Mining, Others)
Market Analysis: Global Ethernet Storage Fabric Market
Global ethernet storage fabric market is expected to rise to an estimated value of USD 2.73 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to the overall growth of virtualization technologies and their availability in the industry.
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Global ethernet storage fabric market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ethernet storage fabric market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Ethernet Storage Fabric Market
Global Ethernet storage fabric is a connectivity technology, designed to provide high levels of efficiency and rapid networking. This technology is based on the rapid connectivity features of Ethernet, combined with the availability of high performing storage components. This technology is optimal for handling high amounts of data transfers with very low latency rate making it an ideal solution for hyper-converged infrastructure and large-scale enterprises.
- Rapid increase in the rate of preference for Ethernet storage fabric technology; this factor is expected to fuel the growth of the market
- High demand to adopt enterprise mobility to enhance efficiency of enterprises; this factor is expected to boost this market growth
- Growth in need for adopting simplified data center management services acts as a market driver
- Expansion in the volume of data centers globally is expected to have a positive impact on the growth of the market
- Concern regarding the resistance of various vendor organizations to adopt modern technologies; this factor is expected to hinder the market growth
- Large financial costs associated with the development of this technology and associated products can also restrict the growth of this market.
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Segmentation: Global Ethernet Storage Fabric Market
By Switching Port
- 100GbE & Above
By Storage Type
- Block Storage
- File Storage
- Object Storage
- Hyper-Converged Infrastructure (HCI)
- Enterprise Data Center
- Small & Medium-Sized Enterprises (SME) Data Centers
- Large Enterprise Data Centers
- Cloud Service Provider Data Center
- Oil & Gas
- Power & Utilities
- Manufacturing & Processing
Key Developments in the Market:
In May 2019, Mellanox Technologies announced the launch of “Ethernet Cloud Fabric” (ECF) technology designed on the basis of Spectrum-2. This technology will provide the ideal platform for easy deployment in private and cloud data centers that can help achieve greater efficiency and promote better management. ECF incorporates “Ethernet Storage Fabric” (ESF) allowing for better network computing services
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