RAID (originally redundant array of inexpensive disks, now commonly array of independent disks) is a data storage virtualization technology that combines multiple physical disk drive components into a single logical unit for the purposes of data redundancy, performance improvement, or both.
Data is distributed across the drives in one of several ways, referred to as RAID levels, depending on the required level of redundancy and performance. The different schemas, or data distribution layouts, are named by the word RAID followed by a number, for example RAID 0 or RAID 1. Each schema, or RAID level, provides a different balance among the key goals- reliability, availability, performance, and capacity. RAID levels greater than RAID 0 provide protection against unrecoverable sector read errors, as well as against failures of whole physical drives.
North America is the largest consumption of RAID Card, with a sales market share nearly 28.12% in 2015.
The second place is Europe; following North America with the sales market share over 26.55%. Asia Pacific is another important consumption market of RAID Card.
RAID Card used in industry including Internet Industry, Service Industry, Manufacturing Industry, Financial, Government and Others. Report data showed that 32.36% of the RAID Card market demand in Internet Industry, 20.24% in Government and 14.55% in Manufacturing Industry in 2015.

According to this study, over the next five years the Redundant Array of Independent Disks (RAID) market will register a 5.7% CAGR in terms of revenue, the global market size will reach USD 6070 million by 2024, from USD 4370 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Redundant Array of Independent Disks (RAID) business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Redundant Array of Independent Disks (RAID) market by product type, application, key manufacturers and key regions and countries.

This study considers the Redundant Array of Independent Disks (RAID) value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hardware RAID Card
Software RAID Card
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Internet Industry
Service Industry
Manufacturing Industry
Financial
Government
Others

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Broadcom(Avago Technologies)
Intel
Dell
Fujitsu
HP
IBM
Lenovo
Microsemi
Supermicro
Areca Technology Corporation

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Redundant Array of Independent Disks (RAID) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Redundant Array of Independent Disks (RAID) market by identifying its various subsegments.
Focuses on the key global Redundant Array of Independent Disks (RAID) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Redundant Array of Independent Disks (RAID) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Redundant Array of Independent Disks (RAID) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.