target audience: TECH SUPPLIER Publication date: May 2024 - Document type: Market Forecast - Doc Document number: # US51231424
Worldwide and U.S. External Enterprise Storage Systems Forecast, 2024–2028
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Abstract
This IDC study provides historical data (2019–2023) and forecast data (2024–2028) for the worldwide and U.S. external enterprise storage systems markets. The forecast represents an annual view of the quarterly forecasts released in March 2024 in IDC's 4Q23 Worldwide Quarterly Enterprise Storage Systems Tracker. The forecast and historical data focus on end-user consumption in three categories of enterprise storage systems — external original equipment manufacturer (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.
"While the external ESS market experienced temporary hiccups in 2023, the fundamentals for storage demand remain strong," says Natalya Yezhkova, research vice president, Enterprise and Emerging Workloads, IDC. "Demand for digital storage isn't slowing down, and expansion of as-a-service consumption models and broader adoption of hybrid multicloud infrastructure and AI and high-performance workloads all contribute to this demand."