Global RAID Controller Card Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global RAID Controller Card Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A RAID controller card is used in the procession units to manage the Hard Disk or Solid-State drives. While protecting the data at times of drive loss, it also ensures that users' computer works well. It is an electronic, integrated chip that works as a mediator between processing units and peripheral devices. The primary purpose of the controller card is to manage all the connected devices, internal and external and also provide additional features.

Market Overview:

The latest research study on the global RAID Controller Card market finds that the global RAID Controller Card market reached a value of USD 2880.92 million in 2022. It’s expected that the market will achieve USD 3775.17 million by 2028, exhibiting a CAGR of 4.61% during the forecast period.

Impacts from the long-term

In the current economic globalization, the upstream and downstream industrial chains have never been so closely connected. The COVID-19 pandemic around the world has caused a large number of factories to stop production, isolate employees, and block transportation. This will affect the raw material transportation of RAID controller card manufacturing companies. If the supply of raw materials is blocked, the production of RAID controller card will also be affected. Therefore, dealing with the impact of COVID-19 on the global supply chain will become one of the main issues that RAID controller card manufacturers need to deal with. In the short term, it is expected that the price of raw materials produced by RAID controller card will rise, which will put pressure on the cost control of RAID controller card producers.

Impacts from the long-term

In the long term, companies use RAID controller cards to manage the disk drives in their RAID infrastructure. Connected cars, homes, and smart cities are becoming more and more popular, and many industries such as manufacturing, utilities, retail, automobiles, and social media are using the Internet of Things to increase data transmission. Therefore, these will promote the development of the RAID controller card market. The long-term growth of the industry depends more on market dynamics, service innovation and downstream demand. Therefore, as long as the RAID controller card company continues to innovate products and services, market development opportunities will increase.

Region Overview:

In global comparison, a significant portion of the revenue was generated in Asia-Pacific (47.42% in 2022).

Company Overview:

Broadcom Inc. is one of the major players operating in the RAID Controller Card market, holding a share of 37.13% in 2023.

Broadcom Inc.

Broadcom Inc. is a technology company. The Company designs, develops and supplies a range of semiconductor and infrastructure software solutions. It provides semiconductor solutions for managing the movement of data in data center, telecom, enterprise, and embedded networking applications.

Dell Technologies Inc.

Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports Information technology solutions, products, and services worldwide. It operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware.

Segmentation Overview:

By type, Hardware RAID segment accounted for the largest share of market in 2022.

Application Overview:

The market's largest segment by application is the segment Internet Industry, with a market share of 23.72% in 2022.

Key Companies in the global RAID Controller Card market covered in Chapter 3:

Microchip Technology Inc.
Dell Technologies Inc.
Fujitsu Ltd.
Cisco Systems Inc.
Intel Corp.
Broadcom Inc.
IBM (Lenovo)
Hewlett Packard Enterprise Co.

In Chapter 4 and Chapter 14.2, on the basis of types, the RAID Controller Card market from 2018 to 2029 is primarily split into:

Hardware RAID
Software RAID

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the RAID Controller Card market from 2018 to 2029 covers:

Internet Industry
Service Industry
Manufacturing Industry
Financial
Government
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)