All-Flash Array Systems Revenue to Grow to $12 Billion by 2022 – Dell’Oro Group

According to Group Storage Systems 5-Year Forecast Report from Dell’Oro Group, the source for market information about the telecommunications, networks, and data center IT industries, all-flash array (AFA) systems revenue is forecast to reach almost $12 billion by 2022.

However, this revenue growth will cannibalize all-disk and hybrid storage systems.

“The segment of the market with the highest projected growth is AFA systems due to its technical maturity and continuous advancement in storage and networking,” said Jimmy Yu, VP, Dell’Oro Group. “However, we believe a large portion of the AFA revenue growth will be driven by a market shift away from disk and hybrid arrays. We forecast AFA revenues to grow at a 13% five-year CAGR and predict that it will surpass disk and hybrid array revenues by 2021.“

Additional highlights:
• The overall storage systems market, consisting of internal storage in servers and external storage, is forecast to decline for an additional three years before returning to growth in the later part of the forecast period.
• Internal storage revenue is expected to grow at a 3% five-year CAGR.
• Demand for external storage systems will decline at an average annual rate of 3% between 2017 and 2020.

Read also:
All-Flash Array Market Revenue Increased 33% Y/Y in 3Q17 – Dell’Oro Group
Leaders in order: Dell EMC, NetApp, HPE, Pure Storage and IBM
2017.12.14 | Press Release