Worldwide external disk storage systems factory revenues increased 7.1 percent in the first quarter, data released by the International Data Corporation or IDC Worldwide Quarterly Disk Storage Systems Tracker revealed.
Entry level systems were hit hard due to their dependence on SATA and near-line SAS drives, which experienced price rises due to the Thailand floods. However, strong overall growth in emerging regions and the slowdown in price per gigabyte erosion helped the market increase revenue from last year.
Liz Conner, senior research analyst, Storage Systems, said, "Despite concerns surrounding the hard disk drive shortage, the external disk storage systems market posted a strong first quarter with revenues up a solid 7.1% year over year."
Worldwide external disk storage systems factory revenue grew to $5.97 billion from $5.57 billion in the prior year.
EMC Corp. (EMC: Quote) maintained its lead in the external disk storage systems market with 29.0 percent revenue share in the quarter at $1.73 billion. This was followed by NetApp Inc. (NTAP: Quote) with 14.1 percent market share and IBM Corp. (IBM: Quote) came third with 11.4 percent.
Total disk storage systems market grew 6.8 percent to $7.99 billion. Total disk storage systems capacity shipped reached 6,037 petabytes, an increase of 20.8 percent from last year.
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by RTT Staff Writer
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