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IDC: 2018 Q1 Enterprise Storage Market Hits $13B Mark As Hyperscale Cloud Providers Boom

Dell EMC showed real growth for first time in several quarters, while HPE showed how to sell server-based storage, NetApp showed steady growth, and Pure Storage surged in the first quarter of 2018.

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Great Quarter For Storage

The first quarter of 2018 was very, very good to the storage industry, according to IDC. The Framingham, Mass.-based market research firm, in a condensed version of its IDC Worldwide Quarterly Enterprise Storage Systems Tracker, estimated worldwide enterprise storage systems factory revenue in the quarter grew 34.4 percent over last year to reach $13.01 billion, while worldwide external enterprise storage systems revenue grew 19.3 percent to reach $6.26 billion.

As is normal, total storage capacity shipped rose 79.1 percent year-over-year to reach 98.8 exabytes in the first quarter.

Overall, the top storage vendors did well during the quarter, with Dell EMC showing renewed strong growth after a period of decline. However, those vendors need to look over their shoulders. While upstart Pure Storage continues to catch up on the leaders, even more important is the huge growth being seen in the ODM direct storage business which saw its sales nearly double over last year.

For a look at how the different vendors and different segments of the storage market are doing, turn the page and look behind the numbers with CRN.

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