Dan’s Biz Bookshelf: ‘Dream First, Details Later
Happy’s Tech Talk #40: Factors in PTH Reliability—Hole Voids
Facing the Future: Time for Real Talk, Early and Often, Between Design and Fabrication
India External Storage Market Witnessed Significant Q2
October 15, 2015 | IDCEstimated reading time: 2 minutes
According to International Data Corporation’s (IDC) Asia/Pacific Quarterly Enterprise Storage Tracker, India External storage market witnessed a significant year-on-year growth (in vendor revenue) and stood at 68.5 million USD in Q2 2015.
The growth was majorly attributed to a multi-million dollar deal from a Communications & Media organization. Storage market is expected to be further driven by projects around Surveillance, e-governance, Railways, Healthcare and Online Education Institutions.
Adoption of All flash arrays (AFA) is on the rise as they offer better performance at an affordable price due to advancement in technology and simmering price war between vendors. Software defined Storage is also gaining traction across organizations due to benefits like ease in management, more control over infrastructure and cost reduction.
Increased adoption of Cloud, Mobility and Business analytics has increased the data volumes which in turn are pushing organization to deploy technologies like virtualization, de-duplication, automatic tiering, compression and thin provisioning to improve performance.
Communications & Media and Banking verticals continue to dominate the storage market. Professional services and government segment saw a decline in market share year-on-year but are expected to contribute huge demand in the coming quarters.
According to Dileep Nadimpalli, Senior Market Analyst, Storage, comments “Increased adoption of cloud is pushing public cloud providers to set-up and expand their India presence. This move would drive incremental storage demand from public cloud providers. Verticals like BFSI and Government are expected to invest more on the back of indirect demand and new initiatives. ”
Gaurav Sharma, Research Manager, Enterprise Computing – Enterprise Infrastructure says, "Hybrid infrastructure (combination of off and on premise) is redefining the way organizations are looking at storage requirements. While cost and agility remain important, regulatory compliance, security and avoiding vendor lock-in are rapidly becoming influencing factors in storage procurement decisions."
Major Vendors Analysis
EMC continued to lead the market but saw a marginal decline in terms of market share. IBM grew exponentially majorly due to multi-million dollar deals from Telecom and Banking vertical. Except IBM, all other vendors witnessed a decline in market share as compared to Q2 2015.
India External Storage Marker - Vendor Revenue Share & Growth Q1 2015 Vs Q2 2015
IDC India Forecast
The external enterprise storage systems market is expected to grow single digit in terms of compound annual growth rate (CAGR) for 2014–2019. Spending in Telecom and Banking verticals is expected to grow in next couple of quarters. In addition to this, government initiatives like UID, Healthcare, Wi-Fi and various projects across ministries are expected to drive the storage demand in near future.
Share on:
Suggested Items
Infineon Advances on 300-millimeter GaN Manufacturing Roadmap as Leading Integrated Device Manufacturer (IDM)
07/10/2025 | InfineonAs the demand for gallium nitride (GaN) semiconductors continues to grow, Infineon Technologies AG is poised to capitalize on this trend and solidify its position as a leading Integrated Device Manufacturer (IDM) in the GaN market.
Webinar Review: A Global Trade and Economy in Flux
07/09/2025 | I-Connect007 Editorial TeamIn a July 8 webinar, Global Electronics Association Chief Economist Shawn DuBravac provided a comprehensive analysis of the evolving international trade environment, its implications for inflation, monetary policy, and labor dynamics, and a sober assessment of market valuations. In “Navigating a Shifting Landscape” DuBravac painted a picture of a global economy in flux, where shifting trade alliances and tariff structures are redrawing the supply chain map and influencing the broader economic landscape, while also conveying an overall bullish market outlook.
I-Connect007’s Editor’s Choice: Five Must-Reads for the Week
07/04/2025 | Marcy LaRont, I-Connect007For our industry, we have seen several bullish market announcements over the past few weeks, including one this week by IDC on the massive growth in the global server market. We’re also closely watching global trade and nearshoring. One good example of successful nearshoring is Rehm Thermal Systems, which celebrates its 10th anniversary in Mexico and the official opening of its new building in Guadalajara.
Weather RADAR Market Set to Hit Valuation of US$ 816.19 Million by 2033
07/04/2025 | PRNewswireThe global weather RADAR market was valued at US$ 158.43 million in 2024 and is projected to reach US$ 816.19 million by 2033, growing at a CAGR of 21.42% during the forecast period 2025–2033.
Philippines PC Market Falls 12.2% in Q1 2025 as Education Demand Slows
07/04/2025 | IDCAccording to the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Devices Tracker, Q1 2025, the Philippines' traditional PC Market (desktops, notebooks, and workstations) dropped by 12.2% YoY in Q1 2025 to 617 thousand units.