India’s external storage market witnessed a growth of 13.8 percent year on year (in vendor revenue) and stood at $74.6 million in Q1 2017.
Multimillion-dollar deal in telecommunication vertical drove this growth in the external storage market. Banking, telecom, professional services, manufacturing and government continued to be the key contributors in Q1 2017. In addition to the major verticals, significant growth is witnessed in verticals such as securities, transportation and insurance during this period.
Dileep Nadimpalli, Associate Research Manager, Enterprise Infrastructure said, “External Storage is getting very dynamic to address new age demands from emerging technologies such as real-time business analytics, Internet of Things, augmented reality, robotics, etc. Flash storage, Hyper-converged infrastructure and Software-defined storage technologies are getting more relevant across organizations like never before.”Read More