IDC: External disk storage capacity, demand increases
By James Carbone -- Purchasing, 1/15/2009 2:00:00 AM
Despite the economic downturn, worldwide external disk storage systems factory revenues posted 8.8% year-over-year growth totaling $4.9 billion in the third quarter, according to a new report from researcher IDC.
While revenue increased, so did disk storage capacity. Total disk storage systems capacity shipped reached 2,170 petabytes, up 41.7% year over year.
"While the economic turmoil has already started impacting spending in various IT segments, including PCs and server systems, the market for external disk storage systems remained in stable condition with solid year-over-year growth," says Natalya Yezhkova, research manager for storage systems research at Framingham, Mass.-based IDC in the report.
IDC also reports that surveys suggest that storage is one of a few hardware categories where buyers are reluctant to cut spending despite economic conditions. However, economic conditions and tightening IT budgets are leading to longer purchasing cycles for storage systems "and to the adoption of technologies designed to optimize storage utilization and/or reduce total cost of ownership," says Yezhkova in the report.
Disk storage systems demand to fall in 2009
03/31/2009Electronics Briefs
04/29/2009Disk Storage Demand will Fall
04/29/2009Disk storage demand declines in 4Q
03/09/2009
Now Playing: 