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WW Enterprise Storage Market Exploding, Up 34% Y/Y in 1Q18 to $13 Billion

The total worldwide enterprise storage systems factory revenue grew 34.4% year over year during 1Q18 to $13.0 billion.

Total capacity shipments were up 79.1% year over year to 98.8EB during the quarter.

Revenue generated by the group of original design manufacturers (ODMs) selling directly to hyperscale datacenters increased 80.4% Y/Y in 1Q18 to $3.1 billion. This represented 23.9% of total enterprise storage investments during the quarter.

Sales of server-based storage increased 34.2% Y/Y, to $3.6 billion in revenue. This represented 28.0% of total enterprise storage investments. The external storage systems market was worth $6.3 billion during the quarter, up 19.3% from 1Q17.

1Q18 Total Enterprise Storage Systems Market Results, by Company

Dell Inc. was the largest supplier for the quarter, accounting for 21.6% of total worldwide enterprise storage systems revenue and growing 43.0% over 1Q17. HPE/New H3C Group was the second largest supplier with 17.7% share of revenue. This represented 18.3% growth over 1Q17. NetApp generated 6.8% of total revenue, making it the third largest vendor during the quarter. This represented 21.7% growth over 1Q17. Hitachi and IBM were statistically tied as the fourth largest suppliers with 3.6% and 3.0% respective share of revenue during the quarter. As a single group, storage systems sales by ODMs directly to hyperscale datacenter customers accounted for 23.9% of global spending during the quarter, up 80.4% over 1Q17.

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