Global Ethernet Storage Fabric Market Report and Forecast 2024-2032

Global Ethernet Storage Fabric Market Outlook

The global ethernet storage fabric market size was approximately USD 2.47 billion in 2023. The market is further projected to grow at a CAGR of 11.3% between 2024 and 2032, reaching a value of USD 6.60 billion by 2032.

Key Trends in the Market

Ethernet storage fabric is a networking technology designed for high efficiency and speed, leveraging fast ethernet communication networks and high-performance storage components. Utilising custom switches for excellent performance, zero packet loss, and low latencies, it provides the fastest, most flexible, and cost-effective storage network solutions. With benefits such as high performance, intelligence, and efficiency, it offers features like high bandwidth, low latency, RDMA, and storage offloading, making it ideal for large-scale data transfers and suitable for hyper-converged infrastructure and large businesses.

• The ethernet storage fabric market growth is driven by a strong demand for enterprise mobility, aiming to enhance business efficiency and streamline data centre management services.

• The increasing demand for high bandwidth and improved performance and scalability in cloud service provider data centres to keep up with the rapid digitalisation trends is expected to support the growth of the market.

• The ethernet storage fabric market demand is expected to remain strong over the coming years, driven by the expansion of data centres and the growth of virtualisation technology, particularly in the 100 GbE and above segment. Moreover, solutions based on 100 GbE and higher switching ports offer backward compatibility, facilitating easier implementation.

Ethernet Storage Fabric Market Segmentation

Based on device, the market is categorised into switches, controllers, and adapters. On the basis of switching port, the market can be segmented into 10 GbE to 25 GbE, 40 GbE to 50 GbE, and 100 GbE and above. The market is divided based on storage type into object storage, file storage, hyper-converged infrastructure, and block storage.

The market can be further divided on the basis of application into telecommunications, cloud service provider data centres, enterprise data centres, and government. The major regional markets for ethernet storage fabric are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global ethernet storage fabric market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• HP Inc.  

• Fujitsu Limited   

• Fortinet, Inc.   

• NVIDIA Corp.   

• Intel Corporation    

• Huawei Technologies Co., Ltd.    

• Dell Technologies Inc.  

• Arista Networks, Inc.   

• Microchip Technology Inc.   

• Lenovo Group Ltd. 

• Others

Market Share by Switching Port

As per the ethernet storage fabric market analysis, the demand for 100 GbE and above switching ports is expected to remain robust during the forecast period. The growth of the segment can be attributed to the increasing demand for high bandwidth, performance, and scalability in data centres operated by enterprises and cloud service providers. The expansion of data centres and advancements in virtualisation technology further drive the demand for 100 GbE and above switching ports. Additionally, the backward compatibility of products based on these ports simplifies deployment, helping end users reduce installation and upgrade costs for switches, adapters, and controllers.

Market Share by Region

North America is expected to account for the majority of the ethernet storage fabric market share, driven by the rapid adoption of ESF-based devices and solutions by various organisations, coupled with an increasing embrace of advanced storage technologies. Within North America, the United States and Canada are anticipated to be key contributors to the ESF market. The United States, in particular, is expected to lead the market within the region, fuelled by technological advancements and a proactive willingness to adopt innovative solutions and emerging technologies.

Competitive Landscape

Huawei Technologies Co., Ltd., a global ICT infrastructure and smart devices provider, delivers integrated solutions in telecom networks, IT, smart devices, and cloud services. Committed to creating a fully connected, intelligent world, Huawei's end-to-end portfolio prioritises competitiveness and security. With a focus on customer needs, the company invests in research for technological breakthroughs. Established in 1987, Huawei, privately owned by its employees, operates in over 170 countries with more than 180,000 employees.

HP Inc. is a US-based information technology firm that develops PCs and related supplies, and 3D printing solutions. The company offers storage networking solutions that can help build high-performance cloud-managed data centres, with end-to-end HPE storage fabrics, facilitated by its HPE GreenLake platform. The company’s state-of-the art technology helps modernise fabric management across storage network, further enhancing fabric resiliency and eliminating configuration errors.

Dell Technologies Inc., founded in 1984 by Michael Dell, started with a vision for universal access to cutting-edge technology. Today, as a global technology leader, Dell Technologies shapes the digital landscape, offering solutions ranging from hybrid cloud to high-performance computing. Committed to equality and sustainability, Dell's impact extends globally, transforming lives through technological innovation.

Other players in the market include Fujitsu Limited, Fortinet, Inc., NVIDIA Corp., Intel Corporation, Arista Networks, Inc., Microchip Technology Inc., and Lenovo Group Ltd., among others.

Key Highlights of the Report