IDC issues bullish report on external disk storage

Third-quarter factory revenues for external disk storage systems grew nearly 10 percent worldwide from a year ago to $4.3 billion, marking 14 consecutive quarters of year-over-year growth, according to a market analysis out today from IDC, a Framingham market intelligence and consulting firm.

"There was a marked increase in average size and selling price for disk storage systems in the third quarter, particularly for systems selling between $50,000 and $60,000," IDC program manager Brad Nisbet said in a statement. "IDC believes these larger systems are being fueled by a variety of drivers, including consolidation that results from increased server vitrualization, branch office consolidation, and a new wave of organizations looking to store vast amounts of fixed content."
(By Chris Reidy, Globe staff)