Storage News

Disk Storage Systems Market Shows Growth

A 20.7 percent growth this quarter in the total disk storage systems market is represented by $6.8 billion in revenues, according to research firm IDC and reported on InfoGrok Technology. Leading the way with a 25.7 percent market share is EMC followed by IBM holding 13.6 percent of the market share for external disk storage systems.

"Liz Conner, senior research analyst for storage systems at IDC said: 'The external disk storage systems market grew 18.6 percent from the first half of 2009 in terms of factory revenue and three percent from the second half of 2009. 'Although the first half of 2009 was extremely weak due to the economic crisis, the gain from a relatively strong second half of 2009 shows continued customer investment and importance placed in the storage systems market.' Amita Potnis, senior research analyst for storage systems at IDC, said: 'The recent economic crisis had greatly affected the upper mid-range and high-end storage market. The second quarter saw a good recovery of the upper mid-range (PB $100K-$249.99K) and high-end (PB $250K+) storage market with year-over-year growth of 30.5 percent.'"