Storage revenue in India surges 21.1% to $84.7 mn: IDC

External storage vendor revenue in India rose 21.1 percent to $84.7 million in Q2 2018 – driven by demand from professional services organizations.
India storage vendor share Q2 2018
A report from research firm IDC said professional services, banking, manufacturing, telecommunications and government industries contributed to close to 80 percent of external storage market in Q2 2018.

Dell is the India storage market leader with 26.5 percent share.

Hewlett Packard Enterprise (HPE) has 21.5 percent market share. HPE lost significant share in the India storage market in Q2 2018 as compared with Q2 2017.

NetApp is the third largest storage vendor. IBM is the fourth largest storage vendor in India. Hitachi is in the fifth position in the India storage market.

All flash array and hybrid flash array segments achieved significant growth. All Hard Disk Drive segment declined. There was an increased consumption of Solid-State Drives (SSD) over Hard Disk Drives (HDD) for better performance of different workloads.

Midrange external storage segment constituted more than 60 percent of the total storage market in India. High-end storage segment declined. Availability of enterprise class features in midrange storage is propelling the growth for midrange storage arrays.

“IT departments are facing challenges in accommodating the LOB demands on scalability and agility for faster time to market and better customer experience,” said Ranganath Sadasiva, director, Enterprise, IDC India.