Date: 3rd Jan 2011

SAN equipment market to more than double by 2014, reports Infonetics

Market research firm Infonetics Research has shared below market highlights in Storage Area Networking (SAN) equipment market:
SAN switch and SAN adapter revenue grew to $683 million worldwide in 3Q10, up 7% from 2Q10 (up 16% over 3Q09)
Infonetics Research forecasts the worldwide SAN equipment market to more than double from 2010 to 2014, when it will reach $6.6 billion
Brocade easily maintains its #1 SAN switch market share position, although #2 Cisco continues to gain share with consecutive quarters of growth all year
Market leaders QLogic and Emulex, who dominate the SAN adapter space, each gave up a small amount of revenue market share to competitors Chelsio, Brocade, Mellanox and others sequentially and year-over-year

"The SAN equipment market is moving along nicely, driven by the deployment of growing gargantuan gigabytes of storage each quarter, which in turn is fundamentally driven by the creation and accumulation of video and data content in data centers around the globe, a large chunk of which is consumer-generated. We see steady growth ahead, with most of the economic downturn behind us, particularly in North America, which had 45% of worldwide SAN revenue in the third quarter of 2010 (North America houses some of the world's largest data center operators, media companies, and content providers)," notes Michael Howard, co-founder and principal analyst for carrier and data center networks at Infonetics Research.