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Sustained Momentum
August 2018
|DataQuest
According to Dataquest estimates the overall market for external storage in India stood at ₹2,500 crore, signifying a growth of 10%
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The total worldwide enterprise storage systems factory revenue grew 34.4% year over year during the first quarter of 2018 (1Q18) to $13.0 billion, according to the International Data Corporation (IDC) Worldwide Quarterly enterprise Storage Systems Tracker. Total capacity shipments were up 79.1% year over year to 98.8 exabytes during the quarter.
Revenue generated by the group of original design manufacturers (ODMs) selling directly to hyperscale datacenters increased 80.4% year over year in 1Q18 to $3.1 billion. This represented 23.9% of total enterprise storage investments during the quarter. Sales of server-based storage increased 34.2% year over year, to $3.6 billion in revenue. This represented 28.0% of total enterprise storage investments. The external storage systems market was worth $6.3 billion during the quarter, up 19.3% from 1Q17.
“This was a quarter of exceptional growth that can be attributed to multiple factors,” said Eric Sheppard, research vice president, Server and Storage Infrastructure. “Demand for public cloud resources and a global enterprise infrastructure refresh were two important drivers of new enterprise storage investments around the world. Solutions most commonly sought after in today’s enterprise storage systems are those that help drive new levels of data center efficiency, operational simplicity, and comprehensive support for next-generation workloads.”
MARKET DYNAMICS - INDIA
If one takes an audit from the financial year 2018 perspective, according to Dataquest estimates the overall market for external Storage in India stood at Rs 2,500 crore, signifying a growth of 10%.
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