Lucintel Forecasts the Global Storage Controller Market to Reach $11.3 billion by 2030
Lucintel Forecasts the Global Storage Controller Market to Reach $11.3 billion by 2030
Blog Article
According to a market report by Lucintel, 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 from $8.5 billion in 2024, at 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.
A more than 150-page report to understand trends, opportunity and forecast in storage controller market to 2030 by increasing demand for data storage, the rise of cloud computing and big data, and proliferation of data center application..
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.
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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, Molex are the major suppliers in the storage controller market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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