Fibre Channel HBAs Market

Market Study on Fibre Channel HBAs: Increasing Demand for Fibre-channel Networking Devices to Drive Industry Growth

Fibre Channel HBAs Market Segmented By Single Port, Double Port, Quad Port FC HBAs Type in 8 GBPs, 16 GBPs, 32 GBPs, 64 GBPs Operating System

Fibre Channel HBAs Market Outlook (2022-2032)

The global fibre channel HBAs market reached US$ 5 Bn at the end of 2021 and is expected to surge to a market size of US$ 18 Bn by 2032, expanding at a CAGR of 12.5% over the 2022-2032 study period.

Fibre channel HBAs currently represent around 35% share of the global fibre channel adapter market.

Network connectivity is crucial for any business as the adoption of data centers is increasing nowadays. In commercial data centers, fibre channel HBAs are highly utilized.

Fiber channel HBAs provide benefits such as utilizing peripheral component connectivity slots on the servers of a storage area network. There are various kinds of fiber channel HBAs offered by well-known vendors, such as single port FC HBAs, double port FC HBAs, and quad port FC HBAs. The advantages offered by fiber channel HBAs such as usage in transferring data in data centers and computer servers are majorly contributing to market growth.

Fibre Channel HBAs Market Size (2022)

US$ 5.5 Bn

Projected Market Value (2032) Value

US$ 18 Bn

CAGR (2022-2032)

12.5%

Top 5 Vendors’ Market Share

Around 25%

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Companies

  • Broadcom
  • Dell Inc.
  • Marvell Technology, Inc.
  • Hewlett Packard Enterprise
  • Lenovo
  • ATTO Technology, Group
  • IBM
  • Cisco
  • Microchip Technology Inc.
  • Fujitsu
  • Areca Technology Corporation
  • Abaco Systems Inc.
  • Others

Demand Analysis of Fibre Channel HBAs (2017-2021) Vs. Market Outlook (2022-2032)

The fibre channel HBAs market expanded at the rate of 10.2% from 2017 to 2021.

Remarkable demand for server disk storage capacity and storage performance is increasing the demand for storage area networks and related fibre channel interconnectivity. For high-end storage solutions, fibre channel is highly favored for external server storage connectivity.

Although suppliers of fibre channel hubs and switches have received a lot of market attention lately, each hub or switch port needs a connection on the other end of the fibre. Typically, a host bus adapter or HBA chip adapter is used for these connections.

Additionally, direct linked storage that does not need switches or hubs makes considerable use of fibre channel HBAs. Fibre channel host bus adapters comprise multi-core fibre channels supporting numerous dynamic data threads to offer magnificent performance in keeping data flow at the highest level.

Persistence Market Research identifies that demand for dual port FC HBAs will increase at the highest CAGR of around 13.1% during the forecast period, owing to the growing adoption of dual port FC HBAs in connecting servers to fiber channels in enterprise data centers.

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Why is There High Demand for Fibre Channel HBAs in the Industrial Sector?

Rise in the demand for fibre channel HBAs in the industrial sector is driving market growth substantially. In this sector, fibre channel HBAs are used because of their benefits such as higher network connectivity, superior performance, and modern management functionality that can cut off days in managing and installing adapters.

Fibre channel HBAs are utilized in the industrial sector for high bandwidth connectivity and network security, as they are highly secure and there are various security features fixed into the FC framing services comprising end-to-end encryption, LUN Masking, zoning (soft/wwn and hard port), services authentication, key management, etc.

Thus, the growing demand for high bandwidth data transfer from the industrial sector is contributing to market development. Increasing need for high performance and highly accessible networks and IIoT transformation and Industry 4.0 is driving the requirement for companies to finance industrial networks to enhance the communication of functional data.

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Which Regional Fibre Channel HBAs Market is Highly Lucrative?

The South Asia & Pacific regional market is estimated to expand 4.2X during the forecast period of 2022-2032.

In the South Asia and Pacific region, fibre channel adapters are utilized in several application areas, mainly in the IT industry. On the other hand, fibre channel HBAs serve the demand of enterprises in adopting cloud-based applications because of the quicker data transmission ability of these mediums. Increasing digitization and growing adoption of storage area networking in the region are creating huge demand for fiber channel host bus adapters.

Rapid shifting of workloads to the cloud and the need to substitute storage technologies such as InfiniBand and Ethernet are also driving market growth in the region.

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Country-wise Insights

Why is the Adoption of Fibre Channel HBAs Increasing Rapidly in the U.S?

Fibre channel HBA demand in the U.S. is expected to account for nearly 74.9% share of the North American market share in 2022. The U.S. is witnessing positive demand growth for fibre channel HBAs owing to increasing adoption in the IT and telecom industry.

Fibre channel host bus adapters market growth is also accelerating in the U.S. due to the presence of major vendors such as Broadcom, Dell, IBM, Cisco, and others; all these major players offer technologically-advanced fiber channel HBA products.

Thus, the increasing adoption of fiber channel HBAs in enterprises and the presence of major vendors are driving market growth in the U.S. Rise in IT spending and increased server virtualization are also major factors contributing to market development.

How Big is the Opportunity for Fibre Channel HBAs in the U.K.?

The European region is predicted to remain the most attractive market during the forecast period. According to the study, the U.K. fiber channel HBAs market is predicted to offer an absolute $ opportunity of US$ 615 Mn through 2032.

In the U.K., continuous adoption of data centers is the important factor driving market demand. Growing technological advancements and increasing demand for networking in enterprises are also major factors driving product demand in the U.K.

Growing demand for high bandwidth data transfer among enterprises is also contributing to the growth of the fibre channel HBAs market in the U.K. Existence of major fiber channel vendors is also aiding market development.

Why is Demand for Fibre Channel Adapters Increasing in India?

According to this study, the market for fiber channel HBAs in India is estimated to grow 4.7X during the forecast period.

In India, fibre channel HBAs are utilized in the industrial sector for providing high bandwidth connectivity for networking and also in the enterprise and industrial sectors for connecting devices to each other. This speeds up data transmission between different kinds of devices that support fiber channel protocols, comprising servers and storage area networks.

Thus, growing demand for fiber channel HBAs in enterprises and the industrial sectors in India for quick data transmission is driving demand in the country.

Category-wise Insights

Will Demand for Quad Port FC HBAs Continue to Rise Rapidly?

The quad port FC HBAs segment is expected to showcase higher market share over the coming years. This segment is predicted to grow and end up with a market share of around 46% by the end of 2032.

Quad port FC HBAs are created for enterprise data centers that offer better fiber channel performance, reliability, power efficiency, and investment prevention for challenging private cloud environments. Thus, the benefits offered by quad port FC HBAs are driving segment growth substantially.

How is the 64 GBPs (Gen 7) Segment Faring in the Fiber Channel HBAs Market?

The 64 GBPs (Gen 7) segment is expected to grow 3.3X during the forecast period. 64 GBPs (Gen 7) is created for challenging mission-critical workloads and appearing applications.

6offer offers high-speed network for connectivity and is custom-built for meeting the needs for high scalability, low latency, scalability, and predictable performance.

What Will Drive Demand Growth for Fiber Channel HBAs in the IT and Telecommunications Industry?

The IT and telecommunications industry is estimated to account for a market share of 33.6% in 2022.

Growing consumer demand because of enhanced Internet speed and bandwidth and increasing demand for high-quality data transmission across geographically far-off places are driving segment growth. Furthermore, growing utilization of cloud services is also driving demand from this sector.

Competitive Landscape

Fibre channel HBA vendors are concentrating on strengthening their regional and global product networks with new product launches, acquisitions, and partnerships with crucial industry players.

  • In May 2021, Broadcom introduced the world’s first 64G fiber channel Emulex host bus adapter.
  • In October 2019, Marvell Technology, Inc. declared that its QLogic line of improved 32GFC PCIe Gen 4 HBAs are obtainable from Hewlett Packard Enterprise.

Fiber Channel HBAs Industry Report Scope

Attribute

Details

Forecast Period

2022-2032

Historical Data Available for

2017-2021

Market Analysis

USD Million for Value

Key Regions Covered

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa

Key Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • China
  • Japan
  • South Korea
  • India
  • Malaysia
  • Indonesia
  • Singapore
  • Australia & New Zealand
  • GCC Countries
  • Turkey
  • Northern Africa
  • South Africa

Key Market Segments Covered

  • Type
  • Operating System
  • Industry
  • Region

Key Companies Profiled

  • Broadcom
  • Dell Inc.
  • Marvell Technology, Inc.
  • Hewlett Packard Enterprise
  • Lenovo
  • ATTO Technology, Group
  • IBM
  • Cisco
  • Microchip Technology Inc.
  • Fujitsu
  • Areca Technology Corporation
  • Abaco Systems Inc.
  • Others

Report Coverage

  • Market Forecasts
  • Company Share Analysis
  • Competition Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives

Customization & Pricing

Available upon Request

Fibre Channel HBAs Industry Survey by Category

Fibre Channel HBAs Market by Type:

  • Single Port FC HBAs
  • Dual Port FC HBAs
  • Quad Port FC HBAs

Fibre Channel HBAs Market by Operating System:

  • 8 GBPs (Gen 4)
  • 16 GBPs (Gen 5)
  • 32 GBPs (Gen 6)
  • 64 GBPs (Gen 7)

Fibre Channel HBAs Market by Industry:

  • Consumer Electronics
  • IT and Telecommunications
  • Industrial Sectors
  • Others

Fibre Channel HBAs Market by Region:

  • North America Fibre Channel HBAs Market
  • Latin America Fibre Channel HBAs Market
  • Europe Fibre Channel HBAs Market
  • East Asia Fibre Channel HBAs Market
  • South Asia & Pacific Fibre Channel HBAs Market
  • Middle East and Africa (MEA) Fibre Channel HBAs Market

- FAQs -

The global fibre channel HBAs market was valued at US$ 5 Bn at the end of 2021.

Sales of fibre channel HBAs are estimated to increase at a CAGR of 12.5% to reach US$ 18 Bn by 2032.

South Asia and Pacific is projected to register strong growth at a CAGR of 15.6% during the forecast period.

North America leads the global market with a share of 22.7%.

Increasing adoption of fibre channel HBAs in modern enterprise computing and rise in demand from the industrial sector are driving market growth

Quad port FC HBAs are expected to dominate the market with a share of 46% by 2032.

From 2017 to 2021, the global market for fibre channel host bus adapters expanded at 10.2% CAGR.

The fiber channel HBAs industry in East Asia is estimated to grow 3.3X by 2032.

Top 5 countries driving high demand for fibre channel HBAs are the U.S., Germany, U.K., India, and Japan.

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