Dominant markets in the enterprise storage sector are set to shift dramatically over the next two years, with Asia expected to surpass Europe, according to the International Data Corporation (IDC).
The Central Europe, Middle East, and Africa (CEMA) enterprise storage market will outpace Japan in terms of end user spending next year.
However, the Asia/Pacific excluding Japan (APeJ) market will become the second largest region for enterprise storage behind the US, knocking Western Europe, which continues to struggle with the debt crisis, into third place.
“Some emerging regions, specifically, APeJ, the Middle East, and Africa, will continue growing at high rates, fueled by long-term demands for storage and the creation of new storage infrastructures in fast-growing economies,” said Natalya Yezhkova, Research Director of Storage Systems at IDC. “Other emerging regions are expected to maintain growth rates that are comparable to those of more mature regions.”
Overall end-user spending in the enterprise storage systems market is expected to grow at a compound annual growth rate of 4.1 per cent from 2012 to 2017, totalling $42.5 billion (£27.04 billion) in the final year.
While this growth rate is small compared to previous years, business demand for storage will remain high thanks to digital media, data protection, and archiving. 102 exabytes of external storage and 36 exabytes of internal storage are expected to ship in 2017, considerably higher than the 20 exabytes external and 8 exabytes internal shipped last year.