About Redundant Array of Independent Disks
Redundant Array of Independent Disk (RAID) is an array or group of multiple independent physical drives that deliver high performance and fault tolerance. A RAID drive group improves input and output performance. Input and Output is advanced because several drives can be accessed simultaneously. As compared to single-drive storage systems RAID drive groups have improve data storage reliability and fault tolerance. Data loss resulting from a drive failure can be prohibited by reconstructing missing data from the remaining drives.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The key players are mainly focusing innovation in production technologies to improve efficiency and shelf life. The manufacturing are focusing on the technology that is being used, as there is advancement in technology the features make difference when compare with other projectors. Analyst at AMA Research estimates that United Kingdom Players will contribute the maximum growth to Global Redundant Array of Independent Disks market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fujitsu (Japan), HP (United States), Intel (United States), Microsemi (United States), Areca Technology Corporation (Taiwan), IBM Corporation (United States), Hitachi (Japan), TOSHIBA (Japan), Dell (United States) and Lenovo (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Western Digital (United States), Samsung Electronics (South Korea), Toshiba Corporation (Japan) and ADATA Technology (Taiwan).
Segmentation Overview
AMA Research has segmented the market of Global Redundant Array of Independent Disks market by Type (Hardware RAID Card and Software RAID Card), Application (Internet Industry, Service Industry, Manufacturing Industry, Financial Institutions and Others) and Region.
On the basis of geography, the market of Redundant Array of Independent Disks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Levels, the sub-segment i.e. Standard RAID will boost the Redundant Array of Independent Disks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Ease of deployment of data storage operations
Market Growth Drivers:
Increasing demand for storage capacity of digital content
Challenges:
Lack of skilled employees for maintenance of RAID
Restraints:
Complex operational task involved in RAID
Opportunities:
Increasing investment in emerging countries
Market Leaders and their expansionary development strategies
In August 2023, Microsoft and Seagate Technology collaborated to optimize Azure cloud storage deployments with Seagate's Lyve Drive, a mass-capacity storage solution that could incorporate RAID technology for efficient data redundancy in cloud environments.
In October 2023, QNAP Releases TS-x873 NAS Series with AMD Ryzen CPUs this series brings powerful processors to NAS devices, catering to users demanding high performance for demanding RAID applications like video editing and scientific computing.
Key Target Audience
Manufacturing Industry, Telecommunications, IT Industry and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.