IDC Asia: Storage Growth Isn't Hurt by Economic Slump

Most Asia/Pacific storage revenues for the first half of 2001 were up 5 percent despite a weakening economy, according to a new study by International Data Corporation--IDC--Asia/Pacific. According to the report, the value of the overall market for disk storage systems was $1.24 million in the first 6 months of 2001, whereas it was $1.19 million for the same period in 2000. Growth occurred in 8 out of 12 countries in the Asia/Pacific market, excluding Japan, Indonesia, Singapore, and Korea. China registered the strongest growth increase.

According to the report, Asian companies are primarily purchasing less expensive units and getting more value for their dollars. The total capacity for the first 6 months of 2001 was 14,325TB, up almost 94 percent from the same period in 2000. Storage pricing per gigabyte has dropped a dramatic 30 to 40 percent from the year 2000. IDC says that Compaq, EMC, Hewlett Packard (HP), IBM, and Sun are the market leaders in the Asia Pacific region.

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