9. Storage Market Plateaus?
2016 may be the year the storage market starts a long-term decline as data increasingly moves away from specialized storage equipment and towards the cloud, software-defined solutions, and server-based solutions.
Worldwide enterprise storage systems revenue in the second quarter of 2016 was essentially flat with revenue in the second quarter of 2015 at about $8.8 billion, according to IDC. However, in the third quarter, that part of the market fell about 3.2 percent over last year to, again, $8.8 billion. IDC did note that the flash storage and the hyperscale data center parts of the market continued to show solid growth in the third quarter.