Worldwide Disk Storage Systems Market On A High

Monday, June 9, 2008

Worldwide external disk storage systems factory revenues posted 10.8 per cent year-over-year growth in the first quarter of 2008 (1Q08), totalling $4.9 billion, according to the IDC Worldwide Disk Storage Systems Quarterly Tracker. For the quarter, the total disk storage systems market grew to $6.7 billion in revenues, up 8.4 per cent from the prior year's first quarter. Total disk storage systems capacity shipped reached 1,642 petabytes, growing 51.8 per cent year over year.
"After a very healthy 2007, the disk storage systems market is carrying that momentum into 2008, with most product segments seeing solid growth in the first quarter," said Brad Nisbet, research manager, IDC. "It's clear that while organisations may be feeling squeezed in their overall IT budgets, the investments being made to store growing volumes of critical business data adequately are increasing. We see a long road of positive drivers fueling the opportunities for disk storage systems in the form of increased retention requirements and long-term data protection goals."
For the first quarter, EMC maintained its lead in the external disk storage systems market with 21.4 per cent revenue share, followed by HP and IBM with 12.4 per cent and 11.5 per cent revenue share, respectively. Dell, NetApp and Hitachi ended the quarter in a statistical tie to round out the top 5 with 9.3 per cent, 9.0 per cent and 8.9 per cent revenue share, respectively. Amongst the top 5 suppliers, Hitachi and Dell posted the strongest year-over-year revenue growth during 1Q08, with 19.1 per cent and 17.5 per cent, respectively.

The total network disk storage market (NAS Combined with Open SAN) posted 14.9 per cent year-over-year growth in the first quarter to more than $3.6 billion in revenues. EMC continues to maintain its leadership in the total network storage market with 26.4 per cent revenue share, followed by NetApp and HP in a statistical tie with each holding 12.0 per cent revenue share.

"The storage systems market was shining in the first quarter. Even segments that have been declining for quarters, including external direct-attach storage and JBOD, showed positive performance to start the year," said Natalya Yezhkova, research manager, storage systems, IDC. "This break in trends is attributable to the growing diversity of storage customers, including small and medium-sized businesses and content-centric customers, whose storage needs differ from those of the traditional customer base."
In the Open SAN market, which grew 14.7 per cent year over year, EMC lead with 23.6 per cent revenue share, followed by HP with 14.1 per cent. The NAS market grew 15.5 per cent year over year, led by EMC with 36.0 per cent revenue share and followed by NetApp with 31.6 per cent share. The iSCSI SAN market continues to show strong momentum, posting 67.6 per cent revenue growth compared to the prior year's quarter. Dell, through its acquisition of EqualLogic, led the market with 27.7 per cent revenue share, followed by NetApp with 20.5 per cent share.

Comments :

0 comments to “Worldwide Disk Storage Systems Market On A High”

Post a Comment


My photo
The New TechFunk is here..

About This Blog

Welcome to Techfunk. You enter the world of Technology where you can have your reviews , updates , comments and News of the technology in the Market.Be the first to know about New innvotive things in technology.

Get the latest News on the business of internet market.Get information about the steps taken by market giants in the business world of technology.

Reviews on Latest Gadgets,Computers,PC's.
so what are waiting for, Visit today and be a techfunk!

Recent Posts

Recent Comments

  © Blogger templates Newspaper by 2008

Back to TOP