The infographic below contains key findings from our analysis of the fiber channel adapter market
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Overview of the global fiber channel adapter market
According to Technavio’s fiber channel adapter market research report, the market will grow at a CAGR of more than 14% during the forecast period. The emergence of big data analytics and storage area networking (SAN) is one of the key factors that will drive the growth of this market during the predicted period. Big data analytics are highly used in business and consumer-based applications because they help understand the data. This enables businesses to make decisions based on the collected data. High-performance SAN storage is mandatory for block-level storage access for carrying out these analytics operations. This boosts the adoption of fiber channel adapters since they are used in SAN storage systems as hardware components that are used to connect the server to SAN.
The increasing adoption of virtualized computing environments is one of the key fiber channel adapter market trends that will gain traction in the market. A large number of enterprises and end-users across the world are extensively adopting virtualization and virtualized computing systems. They are used to increase the load of the data transmission mediums by simulating multiple instances of the equipment over a single physical infrastructure. This fuels the adoption of fiber channel adapters in virtualized computing environments that support all type of data to be transmitted on a single transmission medium.
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Competitive landscape and key vendors
The fiber channel adapter market is characterized by the presence of many vendors. Various companies are offering fiber channel adapters to the high-speed computing and data transmission equipment. This enables end-users to experience efficient data transmission and monitoring.
Key vendors in this market are -
- Brocade Communications Systems
- Cisco Systems
- QLogic
- Broadcom
Other prominent vendors in the market include Arista Networks, Chelsio, CSPI, Intel, and Mellanox Technologies.
Segmentation by end-user and analysis of the fiber channel adapter market
- Servers and storage
- Telecommunication providers
- Enterprise and industrial
The server and storage segment plays a vital role in establishing network architecture. The segment will continue to be the largest end-user to the market until the end of 2021 since fiber channel components are utilized at every stage of top-of-rack (ToR) switch installation.
Segmentation by geography and analysis of the fiber channel adapter market
The Americas has several CSPs, telecommunication service providers, enterprises, and government agencies that operate data centers. This will boost the adoption of fiber channel adapters in the region during the estimated period. The presence of countries such as the US, that witnesses a high penetration of the Internet will also propel the market’s growth prospects in the Americas.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global fiber channel adapter market?
- What are the key market trends impacting the growth of the global fiber channel adapter market?
- What are the challenges to market growth?
- Who are the key vendors in the global fiber channel adapter market?
- What are the market opportunities and threats faced by the vendors in the global fiber channel adapter market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global fiber channel adapter market?
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