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Storage Market Shows Healthy Growth
Worldwide factory revenues from external disk-storage systems increased by 8 percent in the second quarter, due to broad demand for networked storage, a market research firm said Friday.
The total disk-storage systems market was up 5 percent in the quarter to $5 billion from $4.77 billion in the same period a year ago, International Data Corp. said. It was the fourth consecutive quarter of year-over-year revenue growth.
Sales of external disk-storage systems increased to $3.5 billion in the quarter from $3.2 billion a year ago, reflecting the continuous increase in corporate usage of network storage over direct storage, IDC analyst Natalya Yezhova said.
Among the top 5 vendors in the growing external storage market, leader EMC Corp. outpaced the pack with revenue growth of 19.5 percent.
While not among the leading five vendors, Dell Inc. and Network Appliance Inc. posted higher revenue growth from external storage, 25 percent and 26.5 percent, respectively.
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