Global Redundant Array of Independent Disks (RAID) Market to Surge at ~ 7.83% CAGR through 2031, Driven by Cloud & Data-Growth Demands

According to a comprehensive market analysis by Reed Intelligence, the global Redundant Array of Independent Disks (RAID) market is projected to grow strongly between 2023 and 2031, posting a compound annual growth rate (CAGR) of approximately 7.83%.


Key Market Highlights

Base Year & Forecast: The report uses 2023 as the base year, with a forecast extending to 2031.

Largest Region: North America leads the market, propelled by a highly advanced technological ecosystem and strong enterprise IT demand.

Fastest-Growing Region: The Asia Pacific region is showing the fastest growth, fuelled by rapid digitization, cloud adoption, and expanding data center capacity.

By Type Segmentation:

Largest Segment: Hardware RAID Cards, which dominate the market share.

Fastest-Growing Segment: Software RAID Cards, driven by increasing demand for cost-effective and flexible storage solutions.

reedintelligence.com

Redundant Array of Independent Disks Market Share, Trends [2031]

Accroding to Reed Intelligence, Redundant Array of Independent Disks Market Size is projected to grow at an approximate CAGR of 7.83% over the forecast period (2023-2031).

For more info- https://reedintelligence.com/market-analysis/global-nafion-market

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Global Medium Voltage Switchgears Market Soars with Steady Growth: Reed Intelligence Analysis

Intelligence, the global Medium Voltage (MV) Switch gears Market is projected to exhibit strong growth from its base year in 2023 through the forecast period ending 2031, driven by rapid infrastructure development, electrification, and renewable energy integration.

Market Snapshot
Base Year (2023): Market size estimated at USD 3,250 million

Forecast Year (2031): Projected to reach a significantly higher value (implied growth via CAGR)

Compound Annual Growth Rate (CAGR): ~ 3.87% from 2023 to 2031.

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https://reedintelligence.com/m....arket-analysis/globa

Key Highlights
Largest Region: According to Reed Intelligence, North America, Europe, Asia Pacific, and LAMEA are covered in the regional analysis. North America shows especially strong dynamics in infrastructure modernization.

Fastest-Growing Region: The Asia Pacific region is projected to see substantial adoption, fueled by rapid urbanization, industrial development, and electrification.

Global Christmas Decoration Market Poised for Strong Growth Through 2031, Says Reed Intelligence

According to a new market report by Reed Intelligence, the Global Christmas Decoration Market is forecast to grow at a compound annual growth rate (CAGR) of approximately 5.32% over the period from 2023 to 2031.

For More Info-
https://reedintelligence.com/m....arket-analysis/globa

Market Size (Base Year & Forecast)

Base Year: 2023

Forecast Period: 2023–2031

Key Highlights

Largest Region: North America, driven by technological maturity and strong consumer demand.

Fastest-Growing Region: Asia-Pacific (APAC), fueled by rising urbanization, growing middle class, and local manufacturing strength.

Largest Segment (by Type): Christmas trees (both real and artificial) remain critical, along with lighting, ornaments, and accessories.

Fastest-Growing Segment: While the report does not specify a numeric CAGR per segment, it highlights that personalization, experiential decorations, and smart-home integration are key growth drivers, suggesting that high-tech lighting and customized ornaments are among the fastest-growing sub-segments.

reedintelligence.com

Christmas Decoration Market Size, Trends and Analysis, 2031

Accroding to Reed Intelligence, Christmas Decoration Market Size is projected to grow at an approximate CAGR of 5.32% over the forecast period (2023-2031).

Global Bamboo Flooring Market Projected to Grow at 3.13% CAGR Through 2031, Driven by Sustainability and Renovation Trends

The global bamboo flooring market is poised for steady growth over the next decade, with Reed Intelligence estimating a Compound Annual Growth Rate (CAGR) of approximately 3.13% between 2023 (base year) and 2031 (forecast year).



Key Highlights

Largest region: Asia-Pacific (APAC), driven by rapidly emerging economies, a growing middle-class population, and significant local production capacity.

Fastest-growing region: Although CAGR by region is not explicitly broken out in the report, APAC is described as experiencing “remarkable growth” due to its sheer size and emerging players.

Largest segment by type: Strand Woven Bamboo Floor, Solid Bamboo Floor, Engineered Bamboo Floor, and Other.

Largest (or most significant) application segment: Residential use, followed by Commercial.

Fastest-growing segment: The report does not provide a separate CAGR for each type/application, but emphasizes that all segments are benefiting from Eco-conscious trends and renovation demand.

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Global Nafion Market Set to Surge at 8.8% CAGR through 2031, Fueled by Hydrogen Economy — Reed Intelligence Report

Global Digital Multimeter Market Set for Strong Growth Through 2031, Says Reed Intelligence

According to a new report by Reed Intelligence, the global digital multimeter market is projected to grow at a robust CAGR of ~5.2% between 2023 and 2031.

Market Size and Forecast

Base Year (2023): The market is analyzed starting from 2023.

Forecast Period: 2023–2031.

Compound Annual Growth Rate (CAGR): ~5.2% over the forecast period.


Key Highlights

Largest Region (by market size): Asia Pacific, driven by its sheer size, emerging economies, and rapidly growing electronics demand.

Fastest-growing Region: While exact regional CAGR is not numerically broken out, Reed Intelligence notes that APAC markets are "experiencing remarkable growth" due to emerging economies and local competitive players.

Largest Segmentation by Type: Handheld digital multimeters remain dominant.

Fastest-growing Segmentation: Application-wise, industrial manufacturing is a major segment; the combination of new features such as connectivity, mobile app integration, and AI capabilities is driving opportunities.

reedintelligence.com

Digital Multimeter Market | Competitive Landscape [2031]

https://reedintelligence.com/market-analysis/global-digital-multimeter-market

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