RAID Controller Market
RAID Controller Market - Global Industry Analysis and Opportunity Assessment 2021 - 2031
RAID Controller Market Segmented By Hardware RAID and Software RAID Product in Internet Industry, Manufacturing Industry, Service Industry, Financial Application
RAID Controller Market Introduction
RAID Controller is a hardware device or software program that help in managing the disk drive in RAID infrastructure. RAID controller provides the physical disk drives as a logical units to the computer or server managing the RAID infrastructure. RAID controller offers level of abstraction between an operating system and physical drives.
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RAID Controller Market Forecast and CAGR
According to latest research, RAID Controller market is estimated to grow with a expected CAGR of 3%. The adoption of cloud based storage by enterprises is increasing because of low initial investments and high security, thereby the demand for RAID controller is increasing.
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What is Driving Demand for RAID Controller?
High performance capabilities is one of the major drivers for growth of the RAID controller market. All-flash arrays and hybrid flash arrays are developed based on SSD technology, which enables higher speed data mobility as compared to traditional storage drives such as HDD.
HDD entails unavoidable overhead cost on scanning disk. In addition, even the fastest 15 RPM HDD may not be able to cope with high traffic environments, as this would require parallel disk, caching, and extra RAM to function efficiently in high traffic environments, which significantly increases overall hardware costs.
However, the SSD has no physical tracks or sectors and thus has no physical seek limits. Therefore, SSD enables faster storage and accessibility of data than HDD and also offers high performance capabilities for enterprise data storage.
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Adoption of Software RAID Controller is Driving the Market Growth
Adoption of software RAID controller is increasing as software RAID is implemented through features that combine multiple disk devices directly to host a computer. Software RAID takes advantage of under-utilized CPU cycles rather than relying on dedicated RAID hardware.
Software RAID controller are cost effective and use the programs already installed on the connected drives. Software RAID is often specific to OS that being used, so it cannot be generally used for partitions that are shared between operating systems.
Software RAID offers more flexibility with regards to how each drive can be configured in enclosures compared to hardware RAID. However, the adoption of Software RAID controller is more than the adoption of hardware RAID controller as hardware RAID controller is more costly to set up.
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South Asia Pacific RAID Controller Market Outlook
South Asia Pacific is the estimated to have largest market share in RAID controller market, owing to increasing number of colocation data centers. Thus development in data center application and storage application in various countries of the region fuels the demand for the RAID controller in the region.
Various enterprises in the region are adopting flash-based storage services as it requires minimal power needs and the price of flash-based storage has declined over the years, thereby adoption of flash storage is driving the growth of RAID controller in the region.
North America Demand Outlook for RAID Controller Market
North America region has high presence of key player Dell Technologies, Cisco Systems, IBM, Intel Corp, and many more. Presence of such key vendors in the region propels the demand for the RAID controller in North America. The adoption of cloud based storage among small and medium enterprises is increasing the demand for RAID controller in the region.
Also, the companies in the region that offer SSDs are focusing on technological advancement and enterprises are transitioning towards SSDs which is driving the growth of RAID controller in the region.
Who are the Key Providers of RAID Controller?
Some of the leading RAID Controller providers include
- Cisco System
- Broadcom Inc
- Dell Technologies
- NEC corp
- Intel Corp
- Lenovo Group
- IBM Corp
These key vendors have adopted various organic/inorganic strategies, to increase customer base at global market. They spends millions of dollars into product research and development to carry off the needs of their customers for variable inductor market.
Furthermore, many companies are focusing on introducing new product to enhance their product offering.
- Hardware RAID
- Software RAID
- Internet Industry
- Manufacturing Industry
- Service Industry
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- East Asia
- South Korea
- South Asia & Pacific
- Australia & New Zealand
- Rest of South Asia & Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
RAID Controller Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.