History 2003: WW Disk Storage Systems Factory Revenue at $4.73 Billion in 2Q03

WW disk storage systems factory revenue was $4.73 billion in 2Q03, down 3.9% compared with 2Q02, according to IDC’s Worldwide Disk Storage Systems Quarterly Tracker.

Overall storage capacity continues to outpace revenue, growing 36% Y/Y to 181.6PB shipped during 2Q03.

“This is the second quarter of growth in North America, an indication of a turnaround in that region,” said John McArthur, IDC’s group VP of storage research. “At the same time, we saw significant declines in Asia, particularly in Japan. The results are decidedly mixed, providing no indication of a near-term, global recovery in the disk storage systems market.”

In 2Q03, HP led the total disk storage system market, with 26.7% revenue share, followed by IBM and EMC with 20.2% and 12.7% revenue share, respectively. IBM and Dell posted the strongest Y/Y market share gain during 2Q03 among the top 5 vendors, with 2.5 and 1.5 point of share gain respectively.

In the total external disk storage system market, revenue decreased 5% Y/Y in 2Q03 to $3.2 billion. HP maintained its ≠1 position with 21.5% revenue share. EMC was ≠2 with 18.8% revenue share.

Meanwhile, the total external RAID market decline less than the overall external market with 1.4% Y/Y decline to $2.87 billion. EMC led the total external RAID market with 21% revenue share and 30%. HP followed closely with 20% revenue share.

EMC continues to maintain its leadership in the total network storage market (NAS combined with open SAN) with 27.5% revenue share, followed by HP and IBM with 24.5% and 11.4% revenue share, respectively. In the open SAN market, which grew 12% compared to 2Q02, HP led with 29.7% revenue share followed by EMC with 25.0% share.

In the NAS market, EMC and NetApp tied for the ≠1 position, each with a 37% market share.