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