India External Storage Systems in 2Q17 – IDC

Press release published by: https://www.storagenewsletter.com/
This is a Press Release edited by StorageNewsletter.com on 2017.10.17
Source URL: https://www.storagenewsletter.com/2017/10/17/india-external-storage-systems-in-2q17-idc/

India’s external storage market witnessed a growth of 8.6% Y/Y (in vendor revenue) and stood at $ 70.0 million in Q2 2017 as per International Data Corporation’s AsiaPac Quarterly Enterprise Storage Systems Tracker, Q2 2017.

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Significant spending from banking and telecommunication verticals drove incremental growth in the external storage market. Banking, professional services, telecommunications, manufacturing and government continue to be the key contributors in 2Q17. Increased acceptance of third platform technologies are pushing organisations to deploy new age storage solutions to address dynamic storage demands.

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