Report: World Disk Storage Revenues up 6% over 2005

By Chris Preimesberger  |  Posted 03-12-2007

EMC, IBM and Hewlett Packard continue to lead the world pack in the data storage industry in terms of revenue and market share in all the major categories, according to numbers released March 12 in IDC's Worldwide Disk Storage Systems Quarterly Tracker report.

For the full year, the total disk storage systems market posted 6 percent growth to $24.4 billion, and the external disk storage market grew 8.0 percent to $17 billion in revenues, said IDC, which is based in Framingham, Mass.

EMC, of Hopkinton, Mass., maintains its lead in the world external disk storage systems market with 21.9 percent revenue share in 2006.

IBM of Armonk, N.Y., and HP of Palo Alto, Calif., lead the market in a statistical tie in the total worldwide disk storage systems market with 21.0 percent and 20.5 percent revenue share, respectively. EMC maintained the third position in this category with 15.2 percent revenue share.

EMC and IBM posted the largest year-over-year revenue growth among the top five vendors during the quarter, with 10.8 percent and 5.0 percent growth, respectively.

Dell, of Round Rock, Texas, and Hitachi of Milpitas, Calif., rounded out the top five in a statistical tie with 8.3 percent and 8.0 percent, respectively. Among the top 5 suppliers, EMC and IBM posted the strongest year-over-year revenue growth during 2006, with 10.8 percent and 10.5 percent growth, respectively.

Worldwide external disk storage systems factory revenues grew $272 million in the fourth quarter of 2006, posting 6 percent growth from a year ago to $4.8 billion, IDC said.

For the quarter, the total disk storage systems market grew to $6.9 billion up 4.9 percent from the prior year's fourth quarter. Total disk storage systems capacity shipped reach 1,030 petabytes, growing 48.5 percent.

Read the full story on eWeek: Report: World Disk Storage Revenues up 6% over 2005