AsiaPac Only Source of Growth for Storage Systems Market in 3Q16 - Dell'Oro Group

A report from Dell’Oro Group revealed the AsiaPac region was the only geographic theatre to experience growth in the storage systems market in 3Q16.

On the heels of AsiaPac growth, Huawei vaulted to the number three revenue rank in overall internal and external storage systems revenue, compared to its number five rank in the year-ago quarter.

“With 7% year-over-year growth in the AsiaPac region, and declines in the other three major geographic theatres of the storage systems market, this has benefitted vendors with exposure to expanding regions such as Huawei,” said Chris DePuy, VP, Dell’Oro Group. “Just as exposure to technology areas, such as all-flash arrays, has benefitted vendors such as Pure Storage, which grew over 40% Y/Y in the third quarter 2016, vendors with exposure to expanding geographic regions is also pushing results. Huawei’s Storage Systems revenues grew 44% Y/Y.“

Storage Systems Revenue Share for 3Q16