The Fibre Channel Host Bus Adapter (HBA) market is witnessing steady growth, fueled by the increasing adoption of high-performance data storage solutions and advancements in networking infrastructure. Valued at $6.73 billion in 2022, the market grew to $7.15 billion in 2023 and is projected to reach $12.4 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.31% during the forecast period (2024-2032).
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