FC HBA Records 2nd Consecutive Quarter of 30% Growth
StorageNewsletter.com, Friday, June 21st, 2024
As the supply-constraint-driven enterprise server and storage inventory levels have started to normalize, the demand for FC HBAs - which provide the mission-critical networking for these devices - has rebounded strongly.
During the 1Q24, the FC HBA market posted its 2nd consecutive quarter of close to 30% revenue growth, according to a report from Crehan Research Inc.
The FC networking market has been bolstered by the recent strong customer adoption of 64Gb/s HBAs. In fact, 64Gb/s HBAs have recently started to see better customer adoption than that of 32Gb/s HBAs at a similar point in time