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The RAID controller card market size is projected to increase by USD 895.64 million, at a CAGR of 4.49% between 2023 and 2028. The growth rate of the market depends on several factors such as the rise in the adoption of cloud computing, technological advancements in RAID controller card technology and the growing need for data security and protection. RAID is a data storage structure that can be either hardware or software. The deployment of RAID improves the performance and capacity of systems by combining two or more physical storage devices such as hard disk drives (HDDs), solid-state drives (SSDs), or both into logical units. The RAID level of RAID controller cards determines their application. The different levels of RAID include RAID 1, RAID 5, RAID 6, and RAID 10.
The report includes a comprehensive outlook on the market offering forecasts for the industry segmented by End-user, which comprises small enterprises and large enterprises. Additionally, it categorizes Product into hardware raid and software raid and covers Region, including North America, APAC, Europe, Middle East and Africa, and South America. The report provides market size, historical data spanning from 2018 to 2022, and future projections, all presented in terms of value in USD million for each of the mentioned segments.
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The growing need for data security and protection is notably driving the market growth. The increasing importance of safeguarding sensitive and valuable data has driven the adoption of RAID controller cards for enhanced data security and protection. RAID controller cards provide data redundancy by distributing data across multiple disks in a RAID array. This redundancy ensures that if one disk fails, the data can be rebuilt or retrieved from other disks in the array. This fault-tolerant architecture minimizes the risk of data loss due to hardware failures, improving data security and protection.
Moreover, the loss of critical data can have severe consequences for businesses. RAID controller cards offer mechanisms such as hot-swappable drives and automatic data rebuilding, allowing for seamless recovery in case of disk failures. This protection against data loss helps businesses ensure business continuity and mitigate potential financial and operational risks. Such factors are expected to drive the growth of the market during the forecast period.
The rising adoption of SSDs is an emerging trend shaping the market development. SSDs are flash-based storage devices that have minimal power needs. Therefore, the adoption of SSDs by enterprises is increasing. Several enterprises have adopted SSDs due to the declining cost of flash-based storage devices. Companies that offer SSDs are focusing on technological advances. For instance, Huawei Technologies announced that it was focusing on developing an NVMe over Internet Protocol (IP) SSD, which will have an on-drive object storage scheme. The adoption of SSDs is driving the demand for RAID controller cards.
RAID controller cards provide several features that are essential for SSDs, such as support for multiple drive configurations, error correction, and power loss protection. As a result, RAID controller cards are becoming increasingly important for businesses and consumers who are looking to get the most out of their SSDs. Such factors are expected to drive the growth of the market during the forecast period.
The high initial cost of implementing RAID technology is a significant challenge hindering market growth. Implementing RAID technology requires not only the RAID controller card itself but also multiple HDDs or SSDs to create the RAID arrays. The cost of purchasing RAID controller cards and the required number of drives can be substantial, especially for high-performance models or configurations with large storage capacities. Apart from the upfront costs, businesses also need to consider the total cost of ownership over the lifecycle of the RAID controller card.
In addition, as technology advances, businesses may need to replace or upgrade their existing RAID controller cards to leverage new features or support higher RAID levels. This incurs additional costs, including the purchase of new hardware and potential reconfiguration or data migration efforts. Such factors are expected to pose a challenge to the growth of the market during the forecast period.
The market share growth by the small enterprises segment will be significant during the forecast period. RAID controller cards are hardware devices that manage and control data storage in a RAID array, which is a configuration of multiple disk drives working together to improve data performance, reliability, or both. Small enterprises often rely on RAID technology to enhance their data storage and protection capabilities. RAID controller cards enable them to implement RAID configurations effectively, whether it is for basic data redundancy or advanced performance optimization.
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The small enterprises segment was the largest and was valued at USD 2,011.68 million in 2018. Small enterprises in various industries, such as e-commerce, finance, healthcare, and manufacturing, can benefit from RAID controller cards. They enable efficient data management, increased storage capacity, improved system performance, and reduced risk of data loss. By implementing RAID technology, small enterprises can enhance their data availability, minimize downtime, and ensure the integrity and reliability of their critical business data. The redundant array of independent disks (RAID) controller card market caters to businesses of all sizes, including small enterprises. Vendors offer a range of RAID controller card options with different features, performance levels, and price points to accommodate the specific needs and budgets of small-scale businesses. Such factors are expected to drive the growth of the small enterprise segment and propel the growth of the market during the forecast period.
Hardware RAID controller cards are integrated into the motherboard or as an add-on card. They have their own processors and memory to run RAID applications. Vendors offer several hardware RAID controller cards to support applications such as data center storage systems. The hardware RAID controller can be integrated: As discrete RAID controller cards As hardware based on region of convergence (ROC) technology Discrete RAID controller cards Discrete RAID controller cards are plug-in expansion cards that have built-in processors and I/O devices and interfaces to the drivers. They can be plugged into the motherboards to operate the RAID controllers. Discrete RAID controller cards are expensive as they are flexible and offer good performance. Such factors are expected to drive the growth of the hardware RAID segment and, in turn, the market during the forecast period.
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APAC is estimated to contribute 31% to the growth of the global market during the forecast period. Technavio's analysts have provided extensive insight into the market forecast, detailing the regional trends and drivers influencing the market's trajectory throughout the forecast period. The redundant array of independent disks (RAID) controller card market is expected to grow in the APAC region during the forecast period. APAC encompasses countries such as China, Japan, India, South Korea, Australia, and several Southeast Asian nations. APAC is witnessing rapid economic growth along with market trends and analysis, technological advancements, and the increasing adoption of digitalization across various industries. As a result, there is a growing demand for robust data storage solutions, including RAID controller cards, to support the expanding IT infrastructure and data-driven operations in the region. APAC has a diverse market landscape with a mix of small, medium, and large enterprises operating across different sectors, such as e-commerce, manufacturing, and telecommunication.
In addition, APAC offers a vast potential for RAID controller card vendors. To cater to this demand, vendors provide a range of RAID controller card options tailored to the specific needs of enterprises in the region. These cards often support multiple RAID levels, high-speed data transfer rates, and advanced data protection features to address the diverse storage requirements of APAC-based businesses. Thus, these factors will drive the growth of the regional market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Advanced HPC Inc. - The company offers RAID controller cards such as Intel RAID Controllers offer RAID on chip technology, native PCI Express architecture, and high speed cache.
Advantech Co. Ltd. - The company offers RAID controller cards such as Adaptec 3204 8i e Tri mode RAID Card, and Adaptec 2100 8i HBA 8 Ports w Basic RAID 12Gbs.
Areca Technology Corp. - The company offers RAID controller cards such as Tri mode RAID Adapters, SAS RAID Adapters, SATA RAID Adapters, and others.
The Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028
RAID Controller Card Market Scope |
|
Report Coverage |
Details |
Page number |
168 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.49% |
Market Growth 2024-2028 |
USD 895.64 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
3.91 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 31% |
Key countries |
US, China, India, UK, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Acer Inc., Advanced HPC Inc., Advantech Co. Ltd., Areca Technology Corp., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., Fujitsu Ltd., Hewlett Packard Enterprise Co., HighPoint Inc., Huawei Technologies Co. Ltd., Intel Corp., International Business Machines Corp., Lenovo Group Ltd., Marvell Technology Inc., Microchip Technology Inc., NEC Corp., StarTech.com Ltd., Super Micro Computer Inc., and Vantec Thermal Technologies Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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