Albany, NY -- (SBWire) -- 05/23/2019 --In today's world, multiple storage protocols are implemented in the same network due to complex storage networking environments and adoption of converged, or unified networking. Multiprotocol storage also known as unified or federated storageis a computer storage system that provides block storage and file storage access in a single integrated hardware package, without any requirement of external or third-party gateways, bridges or routers. Multiprotocol storage products helps in adapting various application requirements by integrating block-based access using serial-attached SCSI (SAS), Fibre Channel and iSCSI, along with network attached storage (NAS) or file-based access using NFS and CIFS for file sharing in a solution package.

Multiprotocol storage assists in planning overall storage capacity consumption, and provides support for server virtualization initiatives. It also offers a gateway approach, allowing enterprises to add a speciality file server to a storage system they already own, which results in extending the useful life of system and balanced usage of asset.

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Multiprotocol Storage Market: Drivers and Restraints

Factors such asreduced hardware requirements, lower capital expenditures for the enterprise, simple and centralized management of storage administration tasks compared to separate products, improved data availability and performance, and increased connectivity and utilization resulting in stable operational processes are driving the growth of multiprotocol storage market.

However, factors such as operational control limitations leading to reduced or variable storage performance, requirement of data backup strategy to avoid performance issues are hindering the growth of multiprotocol storage market.

Multiprotocol Storage Market: Segmentation

Segmentation on basis of Deployment for Multiprotocol Storage Market:
- Public cloud
- Private cloud
- Hybrid cloud

Segmentation on basis of Type for Multiprotocol Storage Market:
- Network attached storage
- Storage area network
- Computed storage

Segmentation on basis of End-user Size for Multiprotocol Storage Market:
- Small enterprises
- Medium enterprises
- Large enterprises.

Segmentation on basis of End-user Vertical for Multiprotocol Storage Market:
- BSFI
- IT and Telecommunications
- Transportation and Logistics
- Manufacturing
- Government and Defence
- E-commerce
- Healthcare
- Energy and Utilities
- Retail
- Media and Entertainment
- Others

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Multiprotocol Storage Market: Regional Trends

North America region is the largest market for multiprotocol storage due to the presence of wide variety of end-user enterprises and competitive environment between them. In Europe, multiprotocol storage market is growing at a significant pace due to changing technology and industry landscape. Multiprotocol storage market growth in Asia-Pacific region is at a considerable pace due to large scale outsourcing of data storage services in this region. Latin America and Middle East multiprotocol storage market is at an emerging stage due to rise in business demands and IT needs.

Multiprotocol Storage Market: Key Players

IBM Corporation, Cisco, NetApp, NTT Communications Corporation, EMC Corporation, Avere, Hewlett-Packard, and Zadara Storage some key players in multiprotocol storage market.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

- Tailwinds and headwinds molding the market's trajectory
- Market segments based on products, technology, and applications
- Prospects of each segment
- Overall current and possible future size of the market
- Growth pace of the market
- Competitive landscape and key players' strategies

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