Leaders in Indian storage market in fourth quarter

India’s external storage revenue declined 15.6 percent to $77.1 million in Q4 2020 — due to drop in spending from banking organizations.
India storage vendors share 2020Storage spending by manufacturing, central government and security, and investment services saw a growth in Q4 2020.

The All-Flash Arrays (AFA) contributed 39.6 percent to the overall external storage systems market in Q4 2020. BFSI, professional services, manufacturing, and government verticals were the major contributors to AFA demand in Q4 2020.

Stronger uptake of NVMe-based flash arrays is witnessed due to significant performance benefits with negligible cost differences. In the coming years, enterprises would prefer NVMe-based flash arrays as de facto storage media for all the production workloads.

All the Storage Class segments dropped in Q4. Entry storage and high-end storage segments declined compared to midrange systems in Q4 2020. The impact of Entry storage is due to decreased storage demand from SMB and enterprises for their non-core applications.

Enterprises are investing in the modernization of applications/Infrastructure, seamless movement of data across multiple clouds, AIOps for managing infrastructure platforms, and security to be digitally resilient. Organizations are looking for trusted advisors and not standalone technology deployment partners to enable them to be future-ready.

Dell Technologies is the market leader in the external storage systems market with 30.4 percent. HPE with 16.9 percent share is the second largest supplier of in the external storage systems in India during the fourth quarter.

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