Big Growth Seen for Storage

By Priya Ganapati

The market for external disk systems is expected to grow at a 60 percent rate, IDC reports.
July 6, 2005.

New regulatory requirements and the demand from smaller companies will lift shipments of external storage disk systems at a 60 percent rate through 2009, IDC reported Wednesday.

Shipments of internal terabyte systems are, however, expected to increase at a less aggressive 37 percent compound annual growth rate over the same period, said IDC.

“Compliance-related issues like Sarbanes-Oxley and mandates for hospitals by HIPAA are adding to the growth. Companies have to store and maintain email inboxes for many years while hospitals have to store digital copies of patient’s medical records including X-Rays and MRI scans for 7-10 years,” said Dave Reinsel, director, storage research at the research firm.

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