Ethernet Storage Fabric Market Outlook- 2030
Ethernet storage fabric is a type of networking technology that aims to give high levels of efficiency and speed. This technology is based on Ethernet's fast communications networks, as well as the availability of high-performance storage components. Ethernet storage fabric offers the fastest, most flexible, and cost-effective storage network solutions. It is based on custom switches that deliver excellent performance, zero packet loss, and low latencies.
It has a number of benefits, including high performance, intelligence, and efficiency. It offers high bandwidth, low latency, RDMA (remote direct memory access), and storage offloading. This technology is perfect for handling large volumes of data transfers with very low latency, making it an excellent choice for hyper-converged infrastructure and large-scale businesses. High demand for enterprise mobility to improve business efficiency and simplified data center management services this aspect is expected to drive ethernet storage fabric market.
The global ethernet storage fabric market is segmented on the basis of device, switching port, storage type, automation, application, and region. Based on device, the market is divided into switches, controllers, adapters. In terms of switching port, the market is categorized into 10 GbE to 25 GbE, 40 GbE to 50 GbE, 100 GbE and above. On the basis of storage type, the market is divided into block storage, hyper-converged infrastructure, file storage, object storage. On the basis of automation, the market is divided into enterprise data center. In terms of application, the market is categorized into telecommunications, aerospace, manufacturing & processing, oil & gas, government, power & utilities, mining and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global ethernet storage fabric industry include Huawei Technologies, Arista Networks, Hewlett Packard Enterprise Company, Cisco Systems Inc., Fujitsu, Fortinet, Lenovo Group, Apeiron Data Systems, Argo Technologies SA, Intel Corporation. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global ethernet storage fabric market.
COVID-19 Impact Analysis
The COVID-19 pandemic has slowed the growth of several sectors, including automobiles, oil and gas, and others. The unexpected outbreak of the COVID-19 pandemic has had a significant impact on most, if not all, sectors of the global economy.
Businesses are facing a slew of issues, including resource scarcity, supply and demand chain shifts, and revenue decline. The decline in the manufacturing of new auto products, cars, and electronic gadgets has had a significant impact on ethernet storage fabric industry growth and the ethernet storage fabric market share.
Top Impacting Factors
The major growth rate of the ethernet storage fabric market is due to the growing demand for high bandwidth, performance, and scalability in enterprise and cloud service provider data center. The expansion of data centers and growth in virtualization technology surge the demand especially for 100 GbE and above. Furthermore, 100 GbE and higher switching port-based solutions are backward-compatible, making implementation easier.
As a result, it assists end users in lowering the cost of installing and upgrading switches, adapters, and controllers. The concerns about diverse vendor groups are inability to adopt new technologies and this issue is predicted to hinder the market. The high manufacturing expenses connected with the development of this technology and its accompanying goods may also further limit the ethernet storage fabric market opportunity.
New product launches to Flourish the Market
According to ethernet storage fabric market, Mellanox Technologies, an Israeli-American multinational supplier of computer networking products, announced the debut of “Ethernet Cloud Fabric” (ECF) technology based on Spectrum-2 in May 2019. This technology will provide an appropriate foundation for easy implementation in private and cloud data centers, allowing for improved efficiency and management.
The “Ethernet Storage Fabric” (ESF) is included into ECF for improved network computing services. In June 2021, Huawei, is a Chinese multinational technology company, announced the NoF+ lossless Ethernet storage networking solution at the Huawei Intelligent Finance Summit 2021.
The solution uses OceanStor Dorado all-flash storage systems and CloudEngine data center storage network switches to provide end-to-end data acceleration in storage scenarios. It completely realizes the potential of all-flash performance and gives financial innovation a boost.
Surge in Demand for Data Centers and Advanced Storage Solutions
The rise in the number of businesses and their data has mandated data storage. As a result, businesses are turning to innovative storage technologies like Ethernet storage fabric and big data. As the number of businesses grows, so does the volume of data. Data centers and Ethernet storage fabric are becoming more important as a result of this which will drive the market for Ethernet storage fabrics.
Fiber channel usage is declining, whereas Ethernet storage fabric adoption is increasing as there are advanced developments in Ethernet storage fabric such as NVMe and 3D Xpoint SSDs. Any storage architecture or protocol, including a hyper-converged infrastructure with rates ranging from 1 to 100 GB per second can be supported by Ethernet storage fabric.
Key Benefits of the Report
- This study presents the analytical depiction of the market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ethernet storage fabric market trends.
- The current market is quantitatively analyzed to highlight ethernet storage fabric market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the ethernet storage fabric market forecast.
- The report provides a detailed ethernet storage fabric market analysis based on competitive intensity and how the competition will take shape in the coming years.
Questions Answered in the Ethernet Storage Fabric Market Report
- Which are the leading players active in the ethernet storage fabric market size?
- What are the detailed impacts of COVID-19 on the market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Ethernet Storage Fabric Market Report Highlights
| Aspects | Details |
 By Device |
|
 By Switching Port |
|
 By Storage Type |
|
 By Application |
|
 By Region |
|
 Key Market Players | Intel Corporation, Huawei Technologies, Argo Technologies SA, Fortinet, Fujitsu, Hewlett Packard Enterprise Company, Arista Networks, Apeiron Data Systems, Lenovo Group, Cisco Systems Inc. |
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