Data Storage Sector Growing Strong: IDC

The good financial news continues for the solid-as-a-rock data storage


Global sales of disk-based storage arrays, which had grown only slightly during

2008 and 2009, posted another double-digit gain in the third quarter of 2010

following a 21 percent rise in the second quarter, industry researcher IDC

reported Dec. 3.

Worldwide external disk storage systems factory revenues posted year-over-year

growth of 19 percent, with the overall revenue coming just shy of $5.2 billion — about

74 percent of all digital storage sales — IDC

said in its Worldwide Quarterly Disk Storage Systems Tracker report.

Total disk storage systems market grew to nearly $7 billion in revenues, IDC

said — growth of 18.5 percent from the Q3 2009. Total disk storage systems

capacity shipped reached 4,299 petabytes, growing a whopping 65.2 percent year

over year.

For more, read the eWeek article: Storage Sector Continues Strong Growth: IDC.

CIO Insight Staff
CIO Insight Staff
CIO Insight offers thought leadership and best practices in the IT security and management industry while providing expert recommendations on software solutions for IT leaders. It is the trusted resource for security professionals who need network monitoring technology and solutions to maintain regulatory compliance for their teams and organizations.

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