Ethernet Storage Fabric Market Size to Worth USD 8.0

From GlobeNewswire: 2025-05-07 02:00:00

The Ethernet Storage Fabric Market is projected to reach USD 8.0 billion by 2032, growing at a CAGR of 13.79%. Technologies like NVMe-oF and RoCE are driving this growth, catering to demands for high performance and low latency in data centers. Leading players include Cisco, Arista Networks, and Juniper Networks.

Key drivers in the market include rising data volumes and latency-sensitive workloads, leading to increased adoption of high-speed Ethernet storage fabrics. The telecommunications sector led the market in 2023, with demand driven by 5G rollouts and edge computing. North America and Asia-Pacific are spearheading the adoption of Ethernet Storage Fabric solutions.

In terms of device trends, switches were dominant in 2023, with protocols supporting high-speed Ethernet and NVMe-oF. Adapters are expected to grow rapidly due to the demand for ultra-low latency in AI and big data workloads. The 100 GbE and above segment is popular for modern data centers, while the 40 GbE to 50 GbE+ segment is cost-effective for mid-sized enterprises.

The block storage segment holds the majority market share due to its performance and suitability for transactional workloads. Hyper-Converged Infrastructure is set to grow rapidly, meeting the demand for scalable infrastructure. The telecommunications sector is expected to lead the market through 2032, while manufacturing and processing will experience rapid growth.

North America leads the market with a 37% revenue share, driven by advanced data center infrastructure and cloud adoption. Asia-Pacific is expected to witness the highest CAGR, fueled by digital transformation efforts. Recent developments include Cisco’s AI cluster solution and Juniper’s multivendor Ops4AI lab.

Overall, the Ethernet Storage Fabric Market is witnessing significant growth driven by technological advancements and increasing demand for high-performance storage solutions in various industries. Key players are innovating to meet the evolving needs of data centers and enterprises worldwide.



Read more at GlobeNewswire: Ethernet Storage Fabric Market Size to Worth USD 8.0