Global disk storage market increases

News Article - Wednesday, 14 March 2007 11:24

Category: Connectivity

The worldwide external disk storage systems market continued its steady growth in the final quarter of 2006, the latest statistics have revealed.

According to figures published by the IDC Worldwide Disk Storage Systems Quarterly Tracker, revenues in the final three months of 2006 grew $272 million, recording a six per cent growth from a year ago to $4.8 billion.

Brad Nisbet, program manager with IDC's Storage Systems Program, said: "The adoption of networked storage continues to fuel the market.

"In particular, we saw strong results for NAS which is indicative of ongoing interest in file-related storage. In addition, iSCSI continues to emerge as an alternative connection type for many customers as they look to simplify the environment for less mission-critical applications," he added.

The figures also revealed that EMC maintained its lead in the market with a 27.1 per cent revenue share, followed by IBM and HP with market shares of 18.6 per cent and 13.7 per cent respectively. Other strong performers included Dell and Hitachi.

The total network disk storage market recorded a 12.7 per cent year-over-year growth in the final three months of 2006 to more than $3.3 billion. Market revenues for the full year grew by eight per cent to $17 billion.

The Disk Storage System market encompasses a range of storage elements including controllers, cables and host bus adapters.

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