target audience: TECH SUPPLIER Publication date: May 2023 - Document type: Market Forecast - Doc Document number: # US50652523
Worldwide and U.S. External Enterprise Storage Systems Forecast, 2023–2027
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Abstract
This IDC study provides historical data (2018–2022) and forecast data (2023–2027) for the worldwide and U.S. external enterprise storage systems markets. The forecast represents an annual view of the quarterly forecasts released in March 2023 in IDC's 4Q22 Worldwide Quarterly Enterprise Storage Systems Tracker. The forecast and historical data focus on end-user consumption of three categories of enterprise storage systems — external OEM, internal OEM, and "other," which covers cumulative shipments of systems sold directly to customers by original design manufacturers (ODMs). For each of these categories, IDC has estimated value (end-user spending), terabytes, and price per gigabyte.
"Challenging macroeconomic and geopolitical conditions may hinder growth in the enterprise storage systems market in 2023, but the forecast should brighten again starting in 2024," said Carol Sliwa, research director, Infrastructure Systems, Platforms, and Technologies Group, IDC. "Growing data volumes, demand for higher performance storage, and needs for greater data protection will continue to drive enterprises to increase their storage spending, especially as they pursue data-intensive workloads, such as analytics and artificial intelligence, that require modern infrastructure."