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Global Redundant Array of Independent Disks (RAID) Market: By Levels: RAID 0, RAID 1, RAID 5, RAID 6, RAID 10, Others; By Type: Hardware, Software; By End Use: Manufacturing, BFSI, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Redundant Array of Independent Disks (RAID) Market Outlook
The global redundant array of independent disks (RAID) market is expected to grow at a CAGR of about 3.5% in the forecast period of 2021-2026.
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North America Leading the Redundant Array of Independent Disks (RAID) Market
North America is the leading region for RAID owing to the successful management of a wide range of end-user companies and the competitive climate between them. RAID market in the Asia Pacific region is also anticipated to witness substantial growth rate in the future due to the growing demand for data storage by companies in the region. In Europe, the RAID market is rising at a substantial pace due to an increase in business demand and IT needs. The RAID market in Latin America and the Middle East are at a developing level.
Redundant Array of Independent Disks (RAID): Industry Definition and Segmentation
RAID (redundant collection of independent discs) is a data storage virtualization technology that incorporates multiple physical disc drive components into a single logical data redundancy, performance enhancement, or often both. RAID uses a disc mirroring or disc stripping technique that involves partitioning the storage space of the drive into units ranging from sector (512 bytes) to several megabytes. RAID provides a gateway to store the same data at different locations on several hard discs, resulting in data mirroring on one or more discs in the same series, so that if one disc fails, the data is stored. By putting data on multiple discs, input/output (I/O) operations provide the ability to read or write to more than one disc at the same time in a balanced way to boost performance.
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Based on level, the market can be divided as follows:
- RAID 0
- RAID 1
- RAID 5
- RAID 6
- RAID 10
- Others
The types of the product include the following:
- Hardware
- Software
It finds end-use in the following sectors:
- Manufacturing
- BFSI
- IT and Telecommunications
- Others
The regional markets for redundant array of independent disks (RAID) can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Rising Demand from End-Users Bolstering the Market Growth
Increasing demand for the storage capacity of digital content and ease of deployment of data storage operations are major factors propelling the growth of the RAID industry. In addition, factors including the availability of data backup in the event of device failure in businesses, low costs involved in data-containing disc mirroring, ensured data reliability are aiding the market growth.
Key Industry Players in the Global Redundant Array of Independent Disks (RAID) Market
The report gives a detailed analysis of the following key players in the global redundant array of independent disks (RAID) market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Intel Corporation
- Lenovo Group Limited
- Fujitsu Limited
- Hewlett Packard Enterprise Development LP
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Redundant Array of Independent Disks (RAID) Market Analysis
8.1 Key Industry Highlights
8.2 Global Redundant Array of Independent Disks (RAID) Historical Market (2016-2020)
8.3 Global Redundant Array of Independent Disks (RAID) Market Forecast (2021-2026)
8.4 Global Redundant Array of Independent Disks (RAID) Market by Levels
8.4.1 RAID 0
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 RAID 1
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 RAID 5
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 RAID 6
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.4.5 RAID 10
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2016-2020)
8.4.5.3 Forecast Trend (2021-2026)
8.4.6 Others
8.5 Global Redundant Array of Independent Disks (RAID) Market by Type
8.5.1 Hardware
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Software
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.6 Global Redundant Array of Independent Disks (RAID) Market by End Use
8.6.1 Manufacturing
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 BFSI
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.6.3 IT and Telecommunications
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2016-2020)
8.6.3.3 Forecast Trend (2021-2026)
8.6.4 Others
8.7 Global Redundant Array of Independent Disks (RAID) Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Intel Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Lenovo Group Limited
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Fujitsu Limited
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Hewlett Packard Enterprise Development LP
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Others
13 Industry Events and Developments
List of Figures and Tables
1. Global Redundant Array of Independent Disks (RAID) Market: Key Industry Highlights, 2015 and 2025
2. Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Levels (USD Billion), 2016-2020
3. Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Levels (USD Billion), 2021-2026
4. Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Type (USD Billion), 2016-2020
5. Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Type (USD Billion), 2021-2026
6. Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by End Use (USD Billion), 2016-2020
7. Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by End Use (USD Billion), 2021-2026
8. Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Global Redundant Array of Independent Disks (RAID) Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of nearly 3.5% in the forecast period of 2021-2026.
The growth of the market is being driven by factors like rising population, growing urbanisation, the availability of data backup in the case of device failure in businesses, low costs involved in data-containing disc mirroring, ensured data reliability, and the rising demand from the end-use sectors.
Rise in business and IT demands is an industry trend likely to boost the market growth.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.
The levels can be segmented into RAID 0, RAID 1, RAID 5, RAID 6, and RAID 10, among others.
The types of the product can be divided into hardware and software.
It finds end-uses in manufacturing, BFSI, and IT and telecommunications, among others.
The leading players in the market are Intel Corporation, Lenovo Group Limited, Fujitsu Limited, and Hewlett Packard Enterprise Development LP, among others.
Analyst Review
The global redundant array of independent disks (RAID) market attained is expected to grow at a CAGR of 3.5% in the forecast period of 2021-2026 aided by the rapid urbanisation.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its levels, the global market for redundant array of independent disks (RAID) can be segmented into RAID 0, RAID 1, RAID 5, RAID 6, and RAID 10, among others. Its type can be divided into hardware and software. On the basis of end-use, the global industry can be divided into manufacturing, BFSI, and IT and telecommunications, among others. The major regional markets for redundant array of independent disks (RAID) are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Intel Corporation, Lenovo Group Limited, Fujitsu Limited, and Hewlett Packard Enterprise Development LP, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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