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Study: HP Holds Lead in Declining Storage Market Revenues

A new report from IDC maintains that worldwide disk storage systems factory revenue was down 3% compared to second quarter, 2002. The leading manufacturer in revenues continues to be Hewlett Packard, with a 27% share; though IBM, with a 20% share of the market, gained 7% in revenues. In a statement, IDC’s Charlotte Rancourt said […]

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Sharon Gaudin

Dec 9, 2002

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A new report from IDC maintains that worldwide disk storage systems factory revenue was down 3% compared to second quarter, 2002. The leading manufacturer in revenues continues to be Hewlett Packard, with a 27% share; though IBM, with a 20% share of the market, gained 7% in revenues.

In a statement, IDC’s Charlotte Rancourt said “The failure to gain revenue momentum in Q3 is yet another indication that a rebound in the disk storage systems market is not imminent.” Rancourt went on to note that the growth in storage needs is not offsetting the steadily decreasing cost of storage.

The company also noted that companies expanded pre-existing SAN and NAS installations to increase capacity, contributing to declining revenues, but noted that the trend towards networked storage continues, “which means that suppliers have to look beyond revenue to see that capacity growth of networked storage exceeds the growth of direct-attached storage,” according to IDC Vice President John McArthur.

IDC provided a table of the top five worldwide disk storage systems in factory revenue for third quarter, 2002:

Vendor	Q3 Revenue	Q3 Share	Q2 Revenue	Revenue Growth	Share Growth
HP	$1,294	27%	$1,265	26%	3%
IBM	$952	20%	$886	18%	7%
EMC	$505	11%	$643	13%	-21%
Dell	$278	6%	$273	6%	2%
Hitachi	$277	6%	$224	5%	23%
Others	$1,439	30%	$1,617	33%	-11%
All Vendors	$4,745	100%	$4,908	100%	-3%

The study notes that the total external storage market (networked storage plus external direct attached storage) declined 5% sequentially to $3.2 billion in the third quarter from the previous quarter. HP maintains it leadership with 22% revenue share, followed by EMC and IBM with 15.8% and 14.6% share, respectively

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Sharon Gaudin

Sharon Gaudin is a veteran technology journalist who has worked for the likes of Computerworld, InformationWeek, and Datamation. She has covered everything from the cloud, security, and social networking to software development, robotics, artificial intelligence, and hardware.

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