Q4 Storage Market Shows Good Growth: Gartner
Worldwide external controller-based disk storage revenue in the fourth quarter of 2013 reached $6.3 billion, according to the latest quarterly report from Gartner, which was released earlier this week.
That represented a 5 percent growth over the $6 billion Gartner reported for same period last year.
The fourth quarter represented a return to growth after what Roger Cox, research vice president at Gartner, termed an "abysmal" third quarter.
"Driven by pent-up demand and the year-end budget flush phenomenon, the market overcame a fragile global economy and grew a strong 5 percent over the same period in 2012," Cox said in a statement.