Raid Controller Card Market Share, Size, Trends, Analysis and Forecasts to 2020

Technavio Announces the Publication of its Research Report Global RAID Controller Card Market 2016-2020

Technavio recognizes the following companies as the key players in the global RAID controller card market: Avago Technologies, Intel, Fujitsu, Dell, and HP.

Commenting on the report, an analyst from Technavios team said: Increasing popularity of flash-based storage will be a key trend for market growth. SSD storage or flash storage offers greater efficiency than traditional HDD storage devices. In 2015, the cost of flash-based storage was greater than that of HDD-based storage arrays. Vendors are continuously decreasing their product prices due to the increased demand for storage infrastructure in the market. With the increased use of mission-critical applications, flash-based storage arrays offer 40 times better than hard disk input/output (I/O) performance and around 50% reduction in power consumption. Due to the higher cost involved in procuring flash-based storage systems, it will experience a higher growth in large and mega data centers. However, the price of these systems will drop by 5%-10% YoY, resulting in an increased demand for flash storage during the period 2018-2020. The overall market will experience a steady growth in the adoption of flash and traditional storage systems, where flash will add more revenue in the coming years.”

Browse full report with TOC@ https://marketreportscenter.com/reports/383390/global-raid-controller-card-market-2016-2020

According to the report, increasing number of government data centers will be a key driver for market growth. ICT has become the backbone of many government operations across countries. Over the past decade, many government agencies worldwide have established data centers for their operations. In the US, almost all the state and local government agencies operate data centers that are located across the country. This trend is spreading worldwide along with the increase in the adoption of...