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Global RAID controller card market projected to grow at a CAGR of 3.24% during the period 2017-2021 made available by top research firm

Global RAID controller card market projected to grow at a CAGR of 3.24% during the period 2017-2021 made available by top research firm

Recently added report "Global RAID Controller Card Market 2017-2021" covers the present scenario and the growth prospects of the global RAID controller card market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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Redundant array of inexpensive disks (RAID) controller cards are either a hardware device or a software program, which helps manage hard disk drives (HDDs) or solid-state drives (SSDs) in a computer storage array. They also help in improving the performance and capacity by virtualizing independent multiple HDDs into one or more arrays.

A RAID level of a RAID controller card determines the application it is used for. The different levels of RAID include RAID 1, RAID 5, RAID 6, and RAID 10.

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Report forecast the global RAID controller card market to grow at a CAGR of 3.24% during the period 2017-2021.

This market research study identifies Broadcom, Dell, FUJITSU, HP Development Company, and Intel as the leading players in the global RAID controller card market. A comprehensive analysis of this market is also presented by product type (hardware RAID and software RAID) and by geography (the Americas, APAC, and EMEA).

Overview of the global RAID controller card market

Developers are introducing self-contained systems designed to house racks ranging from a single rack to 40 racks. These systems are called mini data centers and have both small cooling units and IT infrastructure.

They can support IT loads up to 250 kW. Technavio’s market research report identifies that the emergence of mini data centers will be one of the primary factors driving the growth of the redundant array of inexpensive disks (RAID) controller card market till 2021.

The number of mini data centers is increasing because they can be used for branch office operations as disaster recovery data centers. Furthermore, the growing need to reduce infrastructure spending, the growth of SMEs, and the efficient management of edge data resources, will also drive the demand for mini data centers.

RAID controller cards are an integral component of mini data servers since they manage the data redundancy and improve the performance. As a result, with the increasing adoption of mini data centers, the demand for RAID controller cards will also increase in the coming years.

Technavio’s market research analysts predict that this market will register a revenue of close to USD 2.9 billion by 2021.

Software-defined data centers (SDDCs) are data centers in which the physical infrastructure is delivered as a service through virtualization. The application of SDDCs will increase in the coming years because it alleviates the issue of faulty hardware which is a major challenge faced by RAID controllers.

Moreover, the adoption of SDDCs also eliminates hardware requirements in organizations by presenting an opportunity to combine server hardware with open-source software. According to this industry research report, the implementation of SDDCs will be one of the key trends that will gain traction in the RAID controller card market during the next few years.

Competitive landscape and key vendors

The RAID controller card market is consolidated with the presence of major RAID controller card manufacturers. These vendors are increasingly competing against each other based on factors such as distribution, reputation, customer service and support, technology, performance, reliability, availability of software, brand, product portfolio, and price.

The players are focusing on releasing upgrades for the existing RAID controller cards and this in turn, will intensify the market’s competitive environment in the coming years.

Key vendors in this market are -

  • Broadcom
  • Dell
  • FUJITSU
  • HP Development Company
  • Intel

Other prominent vendors in the market include Areca Technology, IBM, Lenovo, and Microsemi.

Browse Full Report with TOC- www.marketresearchhub.com/report/g…-2021-report.html

Segmentation by product type and analysis of the RAID controller card market

  • Hardware RAID
  • Software RAID

The growth of discrete RAID controller cards is resulting in an increased adoption of hardware RAID controller. Discrete RAID controller cards are easy to use as they are plug-in cards.

The application of discrete RAID controller cards ensures an enhanced protection in the case of power loss. They have low vulnerability to viruses and are easy to migrate and replace.

According to our analysis, the RAID controller market will witness considerable growth in the hardware RAID segment throughout the estimated period.

Segmentation by geography and analysis of the RAID controller card market

  • Americas
  • APAC
  • EMEA

The presence of a large number of data centers in the Americas is resulting in the growth of the RAID controller card market in this region. Several colocation and managed hosting service vendors, communication service providers, and telecommunication equipment manufacturers in the US are spending in data centers.

For instance, Google spent over USD 30 billion on data centers in the last three years. This in turn, will boost the demand for RAID controller cards in the region, fueling market growth.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global RAID controller card market?
  • What are the key market trends impacting the growth of the global RAID controller card market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global RAID controller card market?
  • What are the market opportunities and threats faced by the vendors in the global RAID controller card market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global RAID controller card market?

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