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Storage: Storage Market Continues Rapid Growth
An IDC report shows the Storage market continued to be hot in 2006Q3. Fueling the growth, the report cites four factors:
- Consolidation of Data because of server virtualization
- Branch office consolidation
- Trend of organizations to retain more information, such as for Regulatory Compliance
The storage market has had 14 consecutive quarters of year-over-year growth. 783 petabytes of storage were shipped, up over 50% from what was shipped one year ago. The total market grew 9.9% to $4.3 billion. Ovedall there was an increase in average system size and price for systems in the $50,000 – $300,000 range.
HP is the leading vendor, followed by IBM, EMC, Dell and Hitachi.
|
Vendor |
3Q06 Revenue |
Market Share |
3Q05 Revenue |
Market Share |
3Q06/3Q05 Revenue Growth |
| HP |
$1,406 |
22.7% |
$1,344 |
23.4% |
4.7% |
| IBM |
$1,250 |
20.2% |
$1,166 |
20.3% |
7.2% |
| EMC |
$927 |
15.0% |
$786 |
13.7% |
18.0% |
| Dell |
$507 |
8.2% |
$482 |
8.4% |
5.0% |
| Hitachi |
$348 |
5.6% |
$332 |
5.8% |
4.8% |
| Others |
$1,747 |
28.2% |
$1,622 |
28.3% |
7.7% |
| All Vendors |
$6,186 |
100.0% |
$5,733 |
100.0% |
7.9% |
