Worldwide Enterprise Storage Market Grew 14.0% in the Third Quarter, According to IDC

Total worldwide enterprise storage systems factory revenue was up 14.0% year over year and reached $11.8 billion in the third quarter of 2017 (3Q17), according to the International Data Corporation (IDC) Worldwide Quarterly Enterprise Storage Systems Tracker. Total capacity shipments were up 22.4% year over year to 72.5 exabytes during the quarter. Revenue growth increased within the group of original design manufacturers (ODMs) that sell directly to hyperscale datacenters. This portion of the market was up 54.8% year over year to just under $2.7 billion. Sales of server-based storage increased 8.7% during the quarter and accounted for $3.5 billion in revenue. External storage systems remained the largest market segment, with the $5.6 billion in sales represented an increase of 4.1% year over year. Click here for more.

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