To: BuzzVA who wrote (18819 ) 10/26/1998 3:42:00 PM From: Neil S Read Replies (1) | Respond to of 29386
Explode is good... Fibre Channel-Based Storage Solutions Ready to Explode, Predicts IDC Fibre To Capture 50% of External Open Disk Market By End of 2001 FRAMINGHAM, Mass., Oct. 26 /PRNewswire/ -- With major transformations underway in the worldwide storage technology market, "storage networks" has become the familiar buzzword. Most major suppliers (including Compaq, Sun, StorageTek) are on an aggressive path to creating viable storage networks. A just-released report from IDC, "1998 Worldwide Disk Systems Market Forecast and Review," defines the end-user consumption market for RAID storage systems, non-RAID disk systems, network-attached storage and related products. "The Disk Storage Systems market has been a growth opportunity for some suppliers and a challenge for others. We have seen share consolidation among top RAID suppliers, but with a $45 billion annual prize by 2002, the market is attractive to new entrants offering storage networks and network attached storage," says IDC analyst Robert Gray. "Forty percent (40%) annual decline in price-per-megabyte and increased demands by users for high availability and value-added function combined, means this market is not for the faint of heart. But for suppliers that are innovative, it's a great market." Key Data IDC forecasts that the disk storage systems market will benefit from continuing revenue growth at a 1998-2002 CAGR of 10.9% to $45.0 billion. The exception is the Asia/Pacific region, which will see negative growth in 1998 and flat storage revenue in 1999. Storage systems market opportunities are categorized by: -- Environment (server and network environment) -- Server platform average sales value (ASV) (price band) -- Storage product category (internal RAID or external RAID) -- Geography This edition of "Worldwide Disk Systems Market Forecast and Review" (IDC #16903) focuses on eight operating system market segments and two interconnect environments. Data highlights include disk systems units shipped, supplier market revenue shares, market performance by environment and OEM market share. Sixty six tables present end-user revenue, terabytes, and average-cost-per- megabyte data for 1994-2002; in addition, external RAID, internal RAID, and non-RAID data are shown for each market segment. Data is presented by four regions -- U.S., Western Europe, Asia/Pacific, and rest of world. Primary data for this databook originates from interviews and surveys conducted with leading storage systems and server manufacturers in the first half of 1998. Consumption forecasts by geography are based on known storage system shipments and IDC's shipment forecasts for multi-user, workstation, and PC systems in the respective regions. For more information or to purchase this report, call Cheryl Toffel at 1-800-343-4952, ext. 4389. IDC's web site (http://www.idc.com) contains additional company information, recent news releases, and offers full-text searching of the latest available research. IDC's Continuous Information Services and Consulting Services provide additional insights beyond the scope of this report. About IDC International Data Corporation is the information technology industry's most comprehensive resource on worldwide IT markets, trends, products, vendors, and geographies. IDC provides data, analysis and advisory services to the world's leading IT suppliers as well as IS professionals in finance, insurance, entertainment, advertising, consumer goods and publishing. IDC's research and opinions are based on the results of more than 300,000 end-user surveys, in-depth competitive analysis, broad technology coverage, and strategic analysis. IDC is committed to providing global research with local content through its 500 analysts in more than 40 countries worldwide. Additional information on IDC can be found on its Web site at idc.com . IDC is a division of International Data Group, the world's leading IT media, research and exposition company. SOURCE International Data Corporation CO: International Data Corporation ST: Massachusetts IN: CPR SU: 10/26/98 15:34 EST prnewswire.com