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Enterprise Storage: Strong Growth in Shipped Capacity but Overall Revenues Flat

Home › Storage › Enterprise Storage: Strong Growth in Shipped Capacity but Overall Revenues Flat

By Dick Weisinger

While businesses continue to store ever increasing amounts of data and new technologies like the Internet of Things (IoT) spew out massive amounts of data, revenues reported for enterprise storage declined.

Enterprise storage is used to hold business information and data that can be accessed by enterprise users. Data is typically replicated as backups for use if there is a system failure or disaster. Enterprise storage typically consists of SSD and hard disk drives used in SAN, NAS and DAS environments. Enterprise storage is typically higher quality media that is more reliable, fault tolerant and scalable compared to standard storage.

IDC found that total capacity of shipments increased by 33 percent to 44.3 exabytes in the third quarter 2016. But revenues of server-based storage were flat and revenues from external storage systems declined by more than 6 percent.

Long-term, the global enterprise storage market is expected to grow at an annual rate of 15.87 percent between 2016 and 2020.

 

 

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January 23rd, 2017
Category: Storage
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