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Redundant Array of Independent Disks (RAID) Market Outlook - Forecast Trends, Market Size, Share and Growth Analysis Report (2025-2034)
As per the analysis by Expert Market Research, the global redundant array of independent disks (RAID) market reached a value of about USD 5.61 Billion in 2024. The market is projected to grow at a CAGR of 9.10% in the forecast period of 2025-2034 to reach around USD 13.40 Billion by 2034, owing to the increasing demand for digital content storage capacity.
RAID is a virtualisation method for data storage that combines numerous physical disc drive parts into a single logical data redundancy, speed boost, or typically both. A sector (512 bytes) or many gigabytes can be used as one unit of storage space in the disc mirroring technique known as RAID.
RAID offers a gateway to store the same data at various places on several hard disks, resulting in data mirroring on one or more of the same series so that if one disk fails, the data is stored in another disk. Input/output (I/O) activities offer the ability to read or write to more than one disk simultaneously in a balanced manner to improve performance. The increasing need for digital content storage capacity and easy deployment of data storage operations are the key drivers of redundant array of independent disks market. Additionally, factors like availability of data backup in case of device failure in companies, low costs associated with data-containing disk mirroring, and guaranteed data dependability are propelling the market growth.
For example, Intel developed a new type of non-volatile memory with Intel® Optane persistent memory. It offers an unmatched mix of low cost and data durability, making it suitable for in-memory databases associated with AI applications and high-speed computing (HPC). They are pioneering inexpensive, high-performance storage solutions with Intel® Optane Solid State Drives (SSDs) and Intel® QLC 3D NAND SSDs.
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Headquarters: | California, United States |
Establishment: | 1968 |
Website: | https://www.intel.com/ |
Based in Santa Clara, California's Silicon Valley, Intel is a global corporation and technology company owned by Americans. It is the creator of the x86 microprocessor family, which powers the majority of personal computers, and is the largest semiconductor chip manufacturer in the world in terms of revenue (PCs). Additionally, Intel manufactures graphics processors, motherboard chipsets, embedded processors, integrated circuits and network interface controllers, flash memory, and other electronic devices for communication and computing.
Headquarters: | Quarry Bay, Hong Kong |
Establishment: | 1984 |
Website: | https://www.lenovo.com/ |
Lenovo Group Limited is a Chinese multinational technology company with its main office in Hong Kong. The company designs, develops, manufactures, and sells personal computers, supercomputers, tablet computers, smartphones, workstations, servers, electronic storage devices, IT management software, and smart TVs as of 2021.
Headquarters: | Tokyo, Japan |
Establishment: | 1935 |
Website: | https://www.fujitsu.com/global/ |
A Japanese multinational firm, Fujitsu Limited creates and markets products and services related to information and communication technologies. The main focus of Fujitsu's hardware solutions, which include x86, SPARC, and mainframe compatible server products, is on consumer and business computing. The business and its affiliates also provide a range of goods and services in the fields of air conditioning, advanced microelectronics, and data storage.
Headquarters: | Texas, United States |
Establishment: | 1939 |
Website: | https://www.hpe.com/us/en/home.html/ |
Hewlett Packard Enterprise Development LP provides IT infrastructure services and products. The business provides solutions for networking, cloud computing, data storage, servers, and systems. Customer service is provided by Hewlett Packard Enterprise Development globally.
Ketan Gandhi
Ketan Gandhi is a market intelligence professional specializing in energy, automotive, FMCG, and construction sectors. His expertise spans market and price trend analysis, import-export dynamics, and supply chain evaluation to support strategic sourcing decisions. Through syndicated and custom research, he delivers competitive benchmarking insights and regional market assessments, employing rigorous data triangulation of primary and secondary sources to ensure reliable, actionable intelligence for businesses navigating complex industry landscapes.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office) +
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia +
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India +
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines +
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom +
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam +
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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