EMC Corp. (NYSE: EMC)
kept its lead in the networking storage market in the third quarter and helped its partner Dell Computer Corp. (Nasdaq: DELL)
grow impressively, according to IDCs latest quarterly report on the sector, released today.
The IDC numbers show networked storage (open SAN and NAS) continuing to expand compared to the overall storage market. SAN is also widening its dominance over NAS.
Overall, networked storage revenues improved 12.3 percent year over year, while the overall worldwide disk storage market slipped 0.3 percent. Open SAN gear, defined by IDC as Fibre Channel and iSCSI products, picked up 15.7 percent over 2002, compared to 1.2 percent growth for NAS. Worldwide Open SAN revenues hit $1.4 billion, compared to NAS revenues of $369 million.
Networked storage totaled 37.5 percent of the $4.8 billion total worldwide disk storage system market in the third quarter, up from 32 percent a year ago.
Dell and IBM Corp. (NYSE: IBM) recorded the best year-over-year revenue growth in networked storage -- 55.4 percent and 33.8 percent, respectively. Notably, though, all of their growth came in the SAN space, while their revenues dropped on the NAS side.
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