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Redundant Array of Independent Disks (RAID) Market

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, IT and Telecommunications, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; 2024-2032

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 2024-2032.

 

Global Redundant Array of Independent Disks (RAID) Market

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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): Market 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.

 

Global Redundant Array of Independent Disks (RAID) Market By End Use

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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:

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.

 

Global Redundant Array of Independent Disks (RAID) Market By Region

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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 market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Levels
  • Type
  • End Use
  • Region
Breakup by Levels
  • RAID 0
  • RAID 1
  • RAID 5
  • RAID 6
  • RAID 10
  • Others
Breakup by Type
  • Hardware
  • Software
Breakup by End Use
  • Manufacturing
  • BFSI
  • IT and Telecommunications
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Intel Corporation
  • Lenovo Group Limited
  • Fujitsu Limited
  • Hewlett Packard Enterprise Development LP
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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    Opportunities and Challenges in the Market
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 (2018-2023) 
    8.3    Global Redundant Array of Independent Disks (RAID) Market Forecast (2024-2032)
    8.4    Global Redundant Array of Independent Disks (RAID) Market by Levels
        8.4.1    RAID 0
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    RAID 1
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    RAID 5
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    RAID 6
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    RAID 10
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Redundant Array of Independent Disks (RAID) Market by Type
        8.5.1    Hardware
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Software
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Redundant Array of Independent Disks (RAID) Market by End Use
        8.6.1    Manufacturing
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    BFSI
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    IT and Telecommunications
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others 
    8.7    Global Redundant Array of Independent Disks (RAID) Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023)
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Redundant Array of Independent Disks (RAID) Market Analysis
    9.1    United States of America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
10    Europe Redundant Array of Independent Disks (RAID) Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Redundant  Array of Independent Disks (RAID) Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Redundant Array of Independent Disks (RAID) Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023)
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023)
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023)
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Redundant Array of Independent Disks (RAID) Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023)
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023)
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023)
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023)
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Intel Corporation
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Lenovo Group Limited
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Fujitsu Limited
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Hewlett Packard Enterprise Development LP
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and Developments in the Market

 

List of Key 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), 2018-2023
3.    Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Levels (USD Billion), 2024-2032
4.    Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Type (USD Billion), 2018-2023
5.    Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Type (USD Billion), 2024-2032
6.    Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by End Use (USD Billion), 2018-2023
7.    Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by End Use (USD Billion), 2024-2032
8.    Global Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Region (USD Billion), 2018-2023
9.    Global Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Region (USD Billion), 2024-2032
10.    North America Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    North America Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Europe Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Europe Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Asia Pacific Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Asia Pacific Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Latin America Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Latin America Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Middle East and Africa Redundant Array of Independent Disks (RAID) Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Middle East and Africa Redundant Array of Independent Disks (RAID) Market Forecast: Breakup by Country (USD Billion), 2024-2032
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 2024-2032.

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 2024-2032 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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