The total disk storage systems market grew to $7.6 billion in revenues
According to the IDC report, entitled ‘Worldwide Quarterly Disk Storage Systems Tracker’, worldwide external disk storage systems factory revenues posted year-over-year growth of 10.8%, with total revenues of around $5.8bn in the third quarter of 2011.
The total disk storage systems market grew to $7.6bn in revenues, an 8.5% growth from the previous year’s third quarter.
Total disk storage systems capacity shipped reach 5,429 petabytes, an increase of 30.7% year over year.
IDC senior research analyst storage systems Liz Conner said the third quarter of 2011 was a strong quarter for Enterprise Storage, posting solid growth in factory revenue and signalling a return to ‘business as normal’. "As IDC predicted, year-over-year growth has started to slow and is now approaching pre-economic crisis levels," Conner added.
EMC remained the leader in the external disk storage systems market with 28.6% revenue share in the third quarter, followed by IBM and NetApp tied at the second place with 12.7% and 12.1% market share respectively. HP took the fourth position with 11.3% and Hitachi and Dell tied for the fifth position with 8.8% and 8.0% market share respectively.
The total open networked disk storage market (NAS Combined with Open / iSCSI SAN) grew 12.3% to just below $4.9bn in the third quarter compared to the same period a year ago.
EMC maintained its leadership in the total open networked storage market with 31.3% revenue share, followed by NetApp with a share of 14.4%.
In the open SAN market, which grew 16.1% year over year, EMC was the leading vendor with 25.3% revenue share, with IBM in the second place and HP in third with 15.4% and 14.0% share respectively.