EMC leads disk storage market, despite a fall in revenue

Disk storage supplier EMC managed to be on top of disk storage system market in the first quarter of 2014, despite a fall in the company’s revenue from the previous year, according to IDC.

IDC also stated that overall external disk storage system revenue fell -5.2 percent year over year to $5.6 billion, of which EMC captured 29.1 percent. However, IDC data stated that performance of EMC was also not up to the mark when it is compared to the revenue generated during first quarter of 2013.

Worldwide Quarterly Disk Storage Systems Tracker of IDC said that the total disk storage systems market generated $7.3 billion in revenue, representing a decrease of -6.9 percent from the prior year’s first quarter and a sequential decline of -17 percent compared to last quarter of 2013.

Eric Sheppard, research director, IDC said that the major reason behind the fall was a 25 percent decline in high-end storage spending. “Other important contributors to the market decline include the mainstream adoption of storage optimization technologies, a general trend towards keeping systems longer, economic uncertainty, and the ability of customers to address capacity needs on a micro and short-term basis through public cloud offerings,” he said.

Though EMC managed to be on the top, the company too suffered a setback, as they captured 30.2 percent of the total market revenue in the first quarter of 2013. NetApp, HP, IBM and Hitachi secured 14.8, 8.8, 8.8 and 8.7 percent respectively in the first quarter of 2014.

Total open network disk storage market fell -3.9 percent year over year to $4.9 billion in revenue. EMC maintained its leadership in the total open networked storage market with 31.5 percent revenue share, but lost share compared to the 33.4 percent the company generated in 1Q13.

NetApp was the second largest supplier with 17.3 percent share, followed by HP (8.9 percent), IBM (8.6 percent), and Hitachi (8.3 percent), all of whom tied for the third place.

Table 1:

EMC was ranked no.1 in worldwide external disk storage systems market, 1Q 2014, with 29.1 percent market share followed by NetApp and HP with 15.1 percent and 8.8 respectively. (Source: IDC)

Graph 1

Table 2: In the total worldwide disk storage systems market for1Q 14, EMC finished in the top position with a market share of 22.4 percent followed by HP with a share of 15.1 percent. (Source: IDC)

Graph 2

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