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IDC on storage market Q3 2003

Third-quarter sales of disk storage systems were down slightly to $4.8 bil compared to last year, but price cuts bode well for the market, research firm IDC said.

Third-quarter sales of disk storage systems were down slightly to $4.8 bil compared to last year, but price cuts bode well for the market, research firm IDC said. Figures point to relatively soft demand with IDC showing a modest 36% growth year-over-year to 197 petabytes shipped in Q3, when revenues slipped 0.3%.

HP leads the pack with 26.4% revenue share. IBM and EMC garnered 21.1% and 12.9%, respectively. Dell and EMC, who have a partnership in which they sell each other's products, posted the strongest year-over-year factory revenue growth during Q3, with 22.9% and 20.5% gain, respectively.EMC also had the largest year-over-year market share gain of 2.2 points. Dell moved into the number 4 position on strong sales of products from EMC and the Dell/EMC relationship continues to propel each company. Meanwhile, Sun fell to a tie with HDS for the number 5 position.

In the total external disk storage system market, revenue increased 1.5% year-over-year in Q3 to $3.2 bil. HP maintained its No. 1 position with 21.8% revenue share, with EMC grabbing the second slot with 19.2%.