Technavio Announces the Publication of its Research Report Global RAID Controller Card Market 2016-2020
Technavio recognizes the following companies as the key players in the global RAID controller card market: Avago Technologies, Intel, Fujitsu, Dell, and HP.
Commenting on the report, an analyst from Technavios team said: Increasing popularity of flash-based storage will be a key trend for market growth. SSD storage or flash storage offers greater efficiency than traditional HDD storage devices. In 2015, the cost of flash-based storage was greater than that of HDD-based storage arrays. Vendors are continuously decreasing their product prices due to the increased demand for storage infrastructure in the market. With the increased use of mission-critical applications, flash-based storage arrays offer 40 times better than hard disk input/output (I/O) performance and around 50% reduction in power consumption. Due to the higher cost involved in procuring flash-based storage systems, it will experience a higher growth in large and mega data centers. However, the price of these systems will drop by 5%-10% YoY, resulting in an increased demand for flash storage during the period 2018-2020. The overall market will experience a steady growth in the adoption of flash and traditional storage systems, where flash will add more revenue in the coming years.
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According to the report, increasing number of government data centers will be a key driver for market growth. ICT has become the backbone of many government operations across countries. Over the past decade, many government agencies worldwide have established data centers for their operations. In the US, almost all the state and local government agencies operate data centers that are located across the country. This trend is spreading worldwide along with the increase in the adoption of cloud-based services, big data analytics, and the IoT.
Further, the report states that erasure coding is a strategy for data protection in which data is broken into parts, extended, and encoded with repetitive data pieces and put away over an arrangement of different areas or capacity media. Erasure coding is a contrasting option to reinforcement, which has risen as a technique for ensuring against drive failure. It is an alternative solution for data protection in servers and client PCs and is a challenge to the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About RAID Controller Cards
RAID controller cards are used to improve performance and capacity by virtualizing independent, multiple hard disk drives (HDDs) into one or more arrays. The type of RAID arrays and the number and size of the disk drives determine the total array capacity. The total array capacity is independent of whether a software or hardware RAID controller card is used.
Technavios analysts forecast the global RAID controller card market to grow at a CAGR of 6.45% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global RAID controller card market for 2016-2020. To calculate the market size, the report considers the revenue generated from RAID controller cards used only in servers.
The market is divided into the following segments based on application:
Technavio’s report, Global RAID Controller Card Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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