275 petabytes of external disk storage sold in Q2 2004

IDC says worldwide external disk storage systems factory revenues grew 8.0% YTY to $3.5 bln in Q2 2004, driven by broad demand for networked storage. The total disk storage systems market also posted positive results, growing at 5.0% and marking the fourth consecutive quarter of YTY revenue growth. Storage capacity continued to accelerate, growing 41.2% YTY to 275 petabytes shipped during the quarter.