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IT Spending Suffers Hangover: Page 3 of 3

Other analysts have noted that the overall storage market will continue to slip into the new year. According to IDC's year-end projections, revenues in the external disk storage market will drop 3.7 percent in 2003 to $12.8 billion, with 2004 sales inching up around 1 percent to $13.0 billion (see Storage Sales Fall 24% in 2002).

Todd Spangler, US Editor, Byte and Switch
http://www.byteandswitch.com