Storage market shows sign of growth

Indian flag2014 wasn’t all roses, roses for the external storage market but there are bright signs on the horizon, particularly in India.

Just short of $61 million external storage sold there in the fourth quarter of last year, but the outlook is better for 2015.

IDC, which tracks the market closely, said that enterprise customers moved to virtualisation and data compression and that caused a decrease in sales at the end of last year.

But banking, manufacturing, communications, and professional services are set to pick up during this year – particularly because government projects, an infrastructure upgrade for vertical markets and the rise of e-commerce will all boost sales this year.

Healthcare and transport applications is likely to fuel growth this year, IDC said.

And cloud storage sales are up in the small to medium business sector, wih vendors repositioning their virtual sails to capture the prevailing winds.