Dell is leading the Indian storage market with 26.1 percent revenue share in the third quarter of 2017.
However, Dell’s storage share fell in Q3 2017 because Hewlett Packard Enterprise (HPE) gave tough competition to Dell. HPE increased its storage revenue share in India at the expense of Dell, IBM and HDS.
IBM India’s storage share also declined.
HDS has also lost revenue share in India storage market. IBM has also joined the league of losers in storage space.
Huawei achieved gains in the storage market in India.
NetApp has also achieved significant growth in the storage market in Q3 2017.
IDC said India’s storage market revenue rose 0.4 percent to $66.4 million in Q3 2017 — driven by banking, professional services, manufacturing and government verticals.
Optimization drive for storage infrastructure across organizations was the main reason for greater demand for hyper converged infrastructure, software defined storage and cloud technologies.
“Organizations are facing challenges not only on accommodating exponential data growth but also on real-time data processing. Enterprises are demanding for storage infrastructure which can respond fast and help them achieve the desired business outcomes,” says Dileep Nadimpalli, associate research manager, Enterprise Infrastructure at IDC.
High end storage segment achieved high double-digit growth in Q3 2017 due to large deployments from banking vertical. Mid-range and entry-level storage segments posted decline.
New buyer segments such as third party data centers and cloud service providers for storage vendors will be created owing to demand for cloud transformation.
“While the storage market has tepid growth, there are pockets of storage market which look promising. Midrange storage will continue to grow as they capture market from high end storage. AFA will continue with their increased adoption and is expected to overtake pure HDD deployments in few years,” says Sharyathi Nagesh, senior research manager, Enterprise Infrastructure at IDC.