NetApp Growth Outpaced Market
NetApp growth in networked storage outpaced market in 2007
March 8, 2008
SUNNYVALE, Calif. -- NetApp (NASDAQ:NTAP) announced today that it grew faster than and gained share in the networked storage market (which includes SAN, NAS, and iSCSI) from 2006 to 2007, in both revenue and capacity shipped, as reported in IDCs Worldwide Quarterly Disk Storage Systems Tracker Q4 20071. Additionally, NetApp grew its networked storage revenue at twice the rate of the market leader.
According to IDC, NetApp outpaced FC SAN market growth in 2007, gaining share in both revenue and capacity shipped. NetApp grew FC SAN revenue at more than four times the rate of the overall FC SAN market and at almost seven times the rate of the market leader. NetApp grew FC SAN capacity at more than twice the rate of the overall market and at almost three times the rate of the market leader. NetApp has now gained revenue and capacity share in the FC SAN space for 4 consecutive years.
NetApp also demonstrated continued leadership in the NAS and iSCSI storage markets in 2007. The company maintained the number-one market share positions in capacity shipped for NAS (37.9%) and for iSCSI for both revenue (21.3%) and capacity shipped (25.4%).
NetApp Inc.
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