Latest News- RAID Controller Card Market: Small enterprises is expected to lead the End-user segment during 2025-2029

The RAID Controller Card Market is being driven by Rise in adoption of cloud computing

The RAID Controller Card Market is expected to grow at a CAGR of 4.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1037.2 million. In the business world, the shift towards Solid State Drives (SSDs) as a storage solution is gaining momentum due to their energy efficiency and declining costs. Enterprises are increasingly adopting SSDs, resulting in a surge in demand for RAID controller cards. These cards offer crucial features for SSDs, including support for multiple drive configurations, error correction, and power loss protection. Huawei Technologies, among other companies, is focusing on technological advancements, such as NVMe over Internet Protocol (IP) SSDs with on-drive object storage schemes, further fueling the market for RAID controller cards. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Small enterprises
  • Large enterprises
• Product
  • Hardware RAID
  • Software RAID
• Form Factor
  • PCIe RAID controller cards
  • External RAID System
• Application
  • IT and Telecom
  • BFSI (Banking, Financial Services, and Insurance)
  • Manufacturing
  • Healthcare
  • Government
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
  • Middle East and Africa
  • South America
    • Brazil

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in adoption of cloud computing
• Technological advancements in RAID controller card technology
• Growing need for data security and protection

However, the market also witnesses some limitations, which are as follows:

• Focus on consolidation of data centers
• High initial cost for implementing RAID technology
• Concerns associated with low data recovery and rebuild times of RAID controller cards

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Market Scope in RAID Controller Card Market Research Report

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Research Analysis Overview

A RAID controller card, also known as a disk array controller or storage controller, is a vital component in data storage infrastructure. It manages and controls the connection of disk drives to a computer system, enabling the use of RAID technology for data usability, protection, and virtualization. RAID controllers support various RAID levels, redundancy characteristics, and interface architectures. They come with functions such as native cache, RAM cache, and host bus adapter, ensuring data availability, uptime, and backups even during drive failures. Specialized software and hardware-based RAID solutions offer additional data protection and features, making RAID controller cards an essential component in any data storage environment.

Market Research Overview

The RAID controller card market is a significant segment of the broader communications equipment industry. This market encompasses the production of disk array controllers, a crucial storage component, which facilitates the management and organization of disk drives within a RAID infrastructure. Technavio, a leading market research firm, calculates the size of the communications equipment market by evaluating the revenue generated from the sales of communication equipment, broadcasting equipment, and telecommunication equipment, as well as investments made by service providers in enhancing their communication infrastructure. The RAID controller card market growth is primarily fueled by the expanding number of data centers, with hyperscalers investing heavily in the construction of new facilities and the expansion of existing ones.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/