The global RAID Controller Card market size was estimated at US$ 1243.33 million in the year 2023, is projected to reach a revised size of US$ 1518.67 million by 2030

Global RAID Controller Card Market Summary

A RAID controller card is a plug-in expansion card that connects to a PCIe or PCI-X motherboard slot. It contains a RAID processor and I/O processors with drive interfaces.

According to the new market research report “Global RAID Controller Card Market Report 2024-2030”, published by GIResearch, the global RAID Controller Card market size was estimated at US$ 1243.33 million in the year 2023, is projected to reach a revised size of US$ 1518.67 million by 2030, growing at a CAGR of 2.87% during the forecast period 2024-2030.

• Global RAID Controller Card Market Size (US$ Million), 2019, 2023 and 2030

Source: GlobalInfoResearch, “Global RAID Controller Card Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”.

Market Drivers: The main driving factor of the RAID Controller Card market is the demand for downstream applications has increased, especially the demand for data centre and IT applications..

• Global RAID Controller Card, Global Market Size, The Top Five Players Hold 36%of Overall Market

Source: GlobalInfoResearch, “Global RAID Controller Card Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030”.

At present, the major players of RAID Controller Card in the world include: Broadcom, Intel, Dell, Microchip Technology, Lenovo, Fujitsu, Areca Technology and HighPoint, among which Broadcom is the world’s largest RAID Controller Card manufacturer.

In 2023, the global top five Global RAID Controller Card players account for 84.36% of market share in terms of revenue. Above figure shows the key players ranked by revenue in Global RAID Controller Card.

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