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IDC: Hard drive market is shrinking due to cloud shift

Four of the five big vendors show falling demand
Fri Sep 05 2014, 14:03
IDC data shows hard drive market is shrinking due to cloud shift

HARD DISK STORAGE sales are almost at a standstill, according to recent figures that show just 0.3 percent growth, most of it in emerging markets.

The International Data Corp (IDC) Worldwide Quarterly Disk Storage Systems Tracker, which reports statistics on purchases of hard drives, has shown revenues falling 1.4 percent year on year to $5.9bn in the second quarter, as more homes and businesses move from local hard drives and onsite servers to centralised cloud storage.

"High-end storage sales fell for the fourth consecutive quarter in 2Q14," said IDC storage research director Eric Sheppard. "The high-end decline was not as striking as last quarter but it was coupled with a drop in midrange sales, suggesting weak demand is spreading to other parts of the market.

"Bright spots within the global storage market include growth from entry level storage and increased sales within EMEA and Latin America."

EMC was the largest supplier of storage at 30.1 percent, reporting a one percent year on year decline. Joint second were Netapp and IBM, with HP third, Dell fourth and Hitachi fifth.

Of the top five suppliers, only HP showed any growth, with a nudge of 0.4 percent in the right direction compared with the biggest loser, Hitachi, which lost 12 percent year on year.

In total, 11.5 exabytes of storage were shipped during the quarter.

The figures follow a number of innovations in the storage sector including the first 4TB solid-state disk (SSD) drive, the first 8TB hard drive and the full rollout of first helium filled hard drive. µ

 

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