“Digital transformation has become a key enabler for businesses to thrive in this competitive world. Organizations are exploring ways to adopt newer technologies based on business outcomes rather than CAPEX investments. Consumption based pricing models are expected to have more demand compared to traditional pricing models,” says Dileep Nadimpalli, Research Manager, Enterprise Infrastructure, IDC India.
All Flash Arrays (AFA) witnessed a significant growth of 24.5% YoY, which contributed 36.1% to the overall external storage systems market in 3Q19. Organizations’ demand for high performance with minimal latency drove the growth for All Flash Arrays (AFA). Also witnessing increased adoption of NVMe based flash arrays to drive an incremental growth in the coming quarters.
High-End storage grew by 76.0% YoY due to increased investments from government, banking, manufacturing, and transportation organizations in 3Q19. Entry storage segment witnessed 10.3% YoY growth, while Midrange storage segment saw a decline in 3Q19.
“The need for infrastructure modernization due to the advent of digital technologies pushes majority of the organizations to adopt to new age storage solutions which can offer better performance, agility and scalability,” observes Nadimpalli.
Major Vendors Analysis