Global Redundant Array of Independent Disks (RAID) Market Growth (Status and Outlook) 2023-2029

Global Redundant Array of Independent Disks (RAID) Market Growth (Status and Outlook) 2023-2029

RAID (originally redundant array of inexpensive disks, now commonly array of independent disks) is a data storage virtualization technology that combines multiple physical disk drive components into a single logical unit for the purposes of data redundancy, performance improvement, or both.
Data is distributed across the drives in one of several ways, referred to as RAID levels, depending on the required level of redundancy and performance. The different schemas, or data distribution layouts, are named by the word RAID followed by a number, for example RAID 0 or RAID 1. Each schema, or RAID level, provides a different balance among the key goals: reliability, availability, performance, and capacity. RAID levels greater than RAID 0 provide protection against unrecoverable sector read errors, as well as against failures of whole physical drives.
LPI (LP Information)' newest research report, the “Redundant Array of Independent Disks (RAID) Industry Forecast” looks at past sales and reviews total world Redundant Array of Independent Disks (RAID) sales in 2022, providing a comprehensive analysis by region and market sector of projected Redundant Array of Independent Disks (RAID) sales for 2023 through 2029. With Redundant Array of Independent Disks (RAID) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Redundant Array of Independent Disks (RAID) industry.
This Insight Report provides a comprehensive analysis of the global Redundant Array of Independent Disks (RAID) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Redundant Array of Independent Disks (RAID) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Redundant Array of Independent Disks (RAID) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Redundant Array of Independent Disks (RAID) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Redundant Array of Independent Disks (RAID).
The global Redundant Array of Independent Disks (RAID) market size is projected to grow from US$ 5341.2 million in 2022 to US$ 8150.9 million in 2029; it is expected to grow at a CAGR of 6.2% from 2023 to 2029.
The major players in global Redundant Array of Independent Disks (RAID) market include Broadcom(Avago Technologies), Intel, Dell, etc. The top 3 players occupy about 50% shares of the global market. North America and Europe are main markets, they occupy about 60% of the global market. Hardware RAID Card is the main type, with a share about 90%. Internet Industry is the main application, which holds a share about 30%.
This report presents a comprehensive overview, market shares, and growth opportunities of Redundant Array of Independent Disks (RAID) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware RAID Card
Software RAID Card
Segmentation by application
Internet Industry
Service Industry
Manufacturing Industry
Financial
Government
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Broadcom(Avago Technologies)
Intel
Dell
Fujitsu
HP
IBM
Lenovo
Microsemi
Supermicro
Areca Technology Corporation

Please note: The report will take approximately 2 business days to prepare and deliver.