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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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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 -
Other prominent vendors in the market include Arista Networks, Chelsio, CSPI, Intel, and Mellanox Technologies.
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.
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.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by end-user
PART 07: Geographical segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Key vendors
PART 13: Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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