Disk Storage Systems Market Sustains Strong Double-Digit Growth Across All Sectors in Second Quarter, According to IDC

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Business Wire, 9/3/10

Worldwide external disk storage systems factory revenues posted year-over-year growth of 20.4%, totaling just over $5.0 billion, in the second quarter of 2010 (2Q10), according to the International Data Corporation (IDC) Worldwide Quarterly Disk Storage Systems Tracker. For the quarter, the total disk storage systems market grew to $6.8 billion in revenues, representing 20.7% growth from the prior year’s second quarter. Total disk storage systems capacity shipped reach 3,645 petabytes, growing 54.6% year over year.

“The first half of 2010 showed continued signs of economic recovery in the disk storage systems market,” said Liz Conner, senior research analyst, Storage Systems. “The external disk storage systems market grew 18.6% from the first half of 2009 in terms of factory revenue and 3.0% from the second half of 2009. Although the first half of 2009 was extremely weak due to the economic crisis, the gain from a relatively strong second half of 2009 shows continued customer investment and importance placed in the storage systems market.”

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