The future of the global storage controller market looks promising with opportunities in the information & technology, telecom, logistics, education, healthcare, and media & entertainment markets. The global storage controller market is expected to reach an estimated $11.3 billion by 2030 with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are increasing demand for data storage, the rise of cloud computing and big data, and proliferation of data center application.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the storage controller market
by type (SATA host bus adapter, fibre channel host bust adapters, raid
controller cards, and SAS expander ICs), application (information &
technology, telecom, logistics, education, healthcare, media &
entertainment, and others), and region (North America, Europe, Asia Pacific,
and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, SATA
host bus adapter, fibre channel host bust adapters, RAID controller cards, and
SAS expander ICs are the major segments of storage controller market by type.
Lucintel forecasts that SATA host bus adapter is expected to witness highest
growth over the forecast period due to increasing demand from data storage,
proliferation of digital devices and increasing use of data-intensive
applications.
Within this market,
information & technology will remain the largest segment due to growth in
information and technology application, such as customer relationship
management (CRM), billing, and network management.
APAC is expected to
witness highest growth over the forecast period due to rapid economic growth,
adoption of cloud computing and growing big data rapidly particularly in China
and India.
STMicroelectronics,
Renesas Electronics, IDEC Corporation, Cypress, and Molex are the major
suppliers in the storage controller market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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