EMC Drives Disk Storage Systems Market Growth: IDC
EMC led the network-attached storage market, while the overall storage systems market grew 7.1 percent year-over-year, according to IDC.The worldwide disk storage systems market posted strong growth in the first quarter of 2012, according to IDC's "Worldwide Quarterly Disk Storage Systems Tracker" study. The report found factory revenues jumped 7.1 percent year-over-year growth, totaling just under $6 billion, while the total disk storage systems market was up 6.8 percent from the same quarter last year, totaling $8 billion. EMC led the market with 29 percent revenue share in the first quarter, followed by NetApp with a 14.1 percent market share. IBM landed in third place with 11.4 percent, and in a statistical tie (when there is less than 1 percent difference in the factory revenues of two or more vendors), Hewlett-Packard and Hitachi landed in fourth, with 10.2 percent and 9.4 percent market shares, respectively.
"Despite concerns surrounding the hard-disk-drive shortage, the external disk storage systems market posted a strong first quarter, with revenues up a solid 7.1 percent year-over-year," Liz Conner, senior research analyst for IDCs storage systems department, said in prepared remarks. "Entry-level systems (ASV of less than $25,000) were hit hardest owing to their reliance on SATA and near-line SAS drives, which experienced price increases due to the Thailand floods. However, strong overall growth in emerging regions and the slowdown in price per gigabyte ($/GB) erosion helped the market post year-over-year growth."