To: Bob Frasca who wrote (27021 ) 5/17/2000 12:38:00 PM From: Douglas Nordgren Read Replies (1) | Respond to of 29386
Then there's always another opinion - (PS - George, Greg, and Ron, great job guys, thanks) NETWORK STORAGE MARKET TO EXCEED $10 BILLION BY 2004; RECORD YEAR IN 2000 TO REACH ALMOST $2 BILLION BUSINESS EDITORS BW0090 MAY 17,2000 5:02 PACIFIC 8:02 EASTERN ( BW)(AZ-CAHNERS-IN-STAT-2) Network Storage Market to Exceed $10 Billion by 2004; Record Year in 2000 to Reach Almost $2 Billion Business Editors SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 17, 2000--According to Cahners In-Stat Group, a high-tech market research firm, the worldwide Network Storage market, which includes both Network Attached Storage (NAS) and Storage Area Network (SAN) solutions, will reach over $10 billion in end-use sales by 2004, resulting in a CAGR (Compound Annual Growth Rate) of more than 50 percent. 2000 will be a record year for this market -- with In-Stat expecting it to reach almost $2 billion. "The growing need for intelligently managed and optimized storage solutions will fuel the growth of Network Storage not only in the service provider space, but in all sizes of businesses as well. The result will be an exceptional year for the market in 2000," said Lauri Vickers, industry analyst for In-Stat's Voice and Data Communications Service. "Despite the various wrinkles that still need to be ironed out, Network Storage will finally live up to its billing this year due to a real market need." In-Stat's analysis also found: -- The relative costs of purchasing storage and its efficient and effective management will accelerate the adoption rates of storage solutions, as the Internet subscriber growth drives demand. -- This market is attracting a wide range of vendors from many industries, including storage and computing leaders as well as a number of Network Storage-specific start-ups. -- Year to year growth through 2004 will be driven almost equally by NAS and SAN solutions. The report, The Two Faces of Network Storage: NAS & SAN Market Analysis (No. LN0005MS), provides five-year forecasts for the major Network Storage market infrastructure segments: NAS units, SAN switches, hub and bridge ports, and SAN host bus adapter (HBA) units. The NAS & SAN Market Analysis assesses technology and market trends impacting the overall network storage hardware market and includes profiles. To purchase the report or for more information please visit instat.com or contact Courtney McEuen at 480/609-4533; cmceuen@instat.com. The report price is $3,495 USD. Cahners In-Stat Group (http://www.instat.com/) covers the full spectrum of digital communications research from vendor to end-user, providing the analysis and perspective that allows technology vendors and service providers worldwide to make more informed business decisions.