TECH SUPPLIER Dec 2019 - Market Forecast - Doc # US44740919

Worldwide and U.S. External Enterprise Storage Systems Forecast Update, 2019–2023

By: Natalya YezhkovaResearch Vice President, Infrastructure Systems, Platforms and Technologies Group, Sebastian LaganaResearch Manager, Infrastructure Systems, Platforms and Technologies Group

Abstract

This IDC study provides historical data (2014–2018) and a forecast data (2019–2023) for the worldwide and U.S. enterprise storage systems markets. The forecast and historical data focuses on end-user consumption of external enterprise storage systems.

"2019 has represented an expected drawback following a torrid 2018, resulting in an expectation for a full-year contraction for the market and a tepid 2020," says Sebastian Lagana, research manager, Infrastructure Platforms and Technologies. "In 2021 and beyond, however, technologies including NVMe-based all-flash arrays, storage-class memory, and hyperconverged infrastructure (HCI) combined with a resurgence in cloud service provider spending will propel the storage systems market back to growth."


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