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Top Storage Companies in 2021

At more than $1 billion in revenue with 1/ SK hynix, 2/ Micron, 3/ WD, 4/ Dell, etc

We publish the ranking of the top storage companies in revenue since many years.

After 3 years as ≠1 storage company in the world (see below), Micron was replaced in 2020 and 2021 by SK hynix and became ≠2.

These figures are based only on official figures of public companies publishing or estimating their number for storage revenue only at more than $1 billion. For Amazon (AWS S3, Glacier), $9 billion is an estimation.

Note that all these firms are totally or partially in storage but sometimes with very different businesses.

If we consider all these companies with both figures known last 2 years (here without Amazon), their total sale results are $118 billion in 2020 and $137 billion in 2021 or a growth of 16%, an impressive result  compared to -4% last year and -22% in 2019, proving that the WW storage industry was largely rebounding last year.

Some other actors like Samsung, Toshiba Memory Corp. are also big in storage but are not ranked here as they don’t publish financial results on NAND an SSDs. Also we have not included Hitachi Vantara and IBM that do not publish anymore their storage system revenue but allow them probably to be above our limit of $1 billion.

Also, private Veeam Software, acquired by Insight Peripherals, records more than $1 billion but doesn’t not publish its precise yearly revenue.

Another bunch of huge companies in cloud storage could enter in this ranking approaching $10 billion in sales and more, but once more do not release their annual sales. They are Microsoft (Azure Archive Storage) and Google (Cloud Storage). Apple is behind.

Top 14 in Storage Revenue in $ Million

Rank 2021 Rank 2020 Vendors 2020 revenue 2021 revenue 2020/21 growth Business  
1 1 SK hynix 26,346 35,511 35% DRAM, flash chips
2 2 Micron 21,435 27,705 29% DRAM, flash chips, SSD
4 3 WD 16,736 16,922 1% HDD, SSD, NAND  
3 4 Dell** 16,410 16,465 0% Storage subsystems
5 5 Seagate 10,509 10,681 2% HDD  
6 6 Kioxia 8,414 10,040 19% NAND, SSD, flash cards
7 NA AWS* (estim.)   9,000 NA Cloud storage services
8 7 NetApp 5,412 5,744 6% Storage subsystems
9 8 HPE * 4,685 4,763 2% Storage subsystems
10 10 Phison 1,706 2,202 29% SSD controllers
11 11 Pure Storage 1,684 2,181 30% AFA  
12 9 Dropbox 1,914 2,158 13% Cloud storage
13 12 Nutanix 1,308 1,394 7% HCI storage software
14 13 Marvell* 1,138 1,152 1% Storage and netwok controller
    TOTAL 117,697 136,918 16%    
 
(Compilation by StorageNewsletter.com)
* storage only
**storage products only

Historically, here are the winners’ circle since 1991:

Year ≠1 ≠2 ≠3
1991 IBM Adstar
Seagate Memorex Telex
1992 IBM Adstar Seagate Conner
1993 IBM SSD Seagate Conner
1994 IBM SSD Seagate Quantum
1995 Seagate IBM SSD Quantum
1996 Seagate Quantum WD
1997 Seagate Quantum Compaq
1998 Seagate Quantum Compaq
1999 Seagate EMC Quantum
2000 EMC Seagate Maxtor
2001 EMC Seagate Maxtor
2002 Seagate EMC Maxtor
2003 Seagate EMC Hitachi GST
2004 EMC Seagate BenQ
2005 EMC Seagate Hitachi GST
2006 EMC Seagate Hitachi GST
2007 EMC Seagate Hitachi GST
2008 EMC Seagate WD
2009 EMC Seagate WD
2010 EMC Seagate WD
2011 EMC Seagate WD
2012 EMC Seagate WD
2013 EMC WD Seagate
2014 EMC Micron WD
2015 EMC Micron WD
2016 WD Micron Seagate
2017 Micron WD Seagate
2018
Micron
WD Dell
2019
Micron
Dell WD
2020
SK hynix
Micron WD
2021
SK hynix
Micron
WD

(Source: StorageNewsletter.com)

 
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