Disk storage growth indicates importance of data

Strong growth in the disk storage market shows that businesses are spending on products that help them store, protect and manage their important data.

The disk storage market grew at a healthy clip in the first quarter, showing the increasing importance that businesses attach to storing their data, according to new research Friday from IDC.

Revenue from external disk storage systems reached US$4.2 billion, up 10.3 percent from the first quarter last year. Total disk storage systems revenue was US$5.8 billion, up 6.7 percent from a year earlier.

The growth indicates that enterprises are increasing their reliance on business data and looking for cost-effective ways to store, protect and manage it.

The strongest growth was from the high-end segment, including systems priced at US$500,000 or more, which generated almost 40 percent more revenue than in the first quarter last year. That growth reflects the ongoing consolidation in corporate data centers, IDC said.

EMC held onto its narrow lead in external disk storage systems, with 21.8 percent of the market. Hewlett-Packard (HP) was second with 17.9 percent, followed by IBM with 12 percent.

For the total disk storage systems market, HP led with US$1.3 billion in revenue and 22.9 percent of the market. IBM came second with US$1.0 billion in revenue and 17.9 percent market share, followed by EMC with US$911 million and 15.6 percent of the market.

Join the newsletter!

Error: Please check your email address.

More about BillionEMC CorporationHewlett-Packard AustraliaHPIBM AustraliaIDC Australia

Show Comments