IDC Finds Encouraging Signs of a Turnaround in the Enterprise Storage Systems Market
"Although the external disk storage market posted another year-over-year decline in the third quarter, the rate of decline has started to slow. Moreover, the market experienced a sequential gain over the previous quarter, with many of the top storage vendors posting increases," said Steve Scully, research manager, Enterprise Storage at IDC. "The stability in the storage market that IDC first began to see last quarter is now being felt more broadly by storage vendors."
Worldwide external disk storage systems factory revenues posted a 10.0% decline year over year, totaling $4.4 billion in the third quarter of 2009 (3Q09), according to the IDC Worldwide Quarterly Disk Storage Systems Tracker. For the quarter, the total disk storage systems market declined to $6.0 billion in revenues, a 9.6% decline from the prior year's third quarter, driven by continued weakness in server systems sales. Total disk storage systems capacity shipped reached 2,661 petabytes, growing 21% year over year.