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RAID Card Market:Executive Summary
The latest report by WiseGuy Reports states that the global RAID card market is expected to grow at a substantial rate in the coming years. The report gives a comprehensive analysis of the market history, trends and future projections for the global RAID card market while understanding the factors that affect the market positively and negatively. The study also focuses on the different future prospects according to the different regions of the world and gives more information about the regional market that is expected to grow the most. RAID stands for redundant array of independent disks and is a type of data storage virtualization technology that combine various physical disk drive components together to drive data redundancy and/or improvement.
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The reducing cost of flash based storage devices have motivated companies to adopt SSDs for their data storage purposes. SSD manufacturing companies are emphasizing on the development of technologically advanced products which also encourages the global RAID controller card market. Cloud based storage services are increasingly been adopted in the market and that also contributes to the elevation of the global RAID controller card market. The emphasis on consolidation of data centers also promotes the global RAID controller card market. High disposable income, technological advancements and greater adoption of electronic devices motivate the growth of this market. The major hindrance for the global RAID controller card market is expected to face is technical difficulties related to data protection while using RAID cards. Data security is an important aspect for any business or individual end user and using RAID cards may prove to be a security threat which is why its market’s growth can be negatively impacted.
Market Segmentation:
The global RAID controller card market is segmented on the basis of type of RAID cards, industry, product and end user application areas. The global RAID controller card market is segmented on the basis of type of RAID cards as RAID 0, RAID 1, RAID 2, RAID 3, RAID 4, RAID 5, RAID 6, RAID 7 and others. The global RAID controller card market is segmented on the basis of end user application areas as personal use, enterprise use and others. The global RAID controller card market is segmented on the basis of product as hardware RAID and software RAID. The global RAID controller card market is segmented on the basis of industry as the internet industry, service industry, manufacturing industry, financial and governmental industry.
Regional Analysis:
Regionally, the global RAID controller cards market is segmented as North America, Europe, China, Japan, Southeast Asia and India. Currently, North America takes the biggest stake in the market share owing to its prosperity, higher disposable income and technological advancements. The market size of the APAC regions is projected to grow in the future owing to its population size and market growth. Almost forty seven percent of growth for the global RAID controller card market is going to come from the APAC regions.
Major players in the market are Microsoft Incorporation, Oracle Corporation, IBM Corporation, Fujitsu and Red Hat.
Continuous…
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