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Oct 25, 2007 11:19 EEST
October 25 (SeeNews) - The Romanian disk storage market is seen expanding at an average annual rate of around 15% over the next five years, while storage capacity is expected to grow by 36%, international IT research company International Data Corporation (IDC) said on Thursday.
The Romanian disk storage market is projected to grow by a solid 15% this year to pass $50 million (35 million euro), slowing down from 2006, when it grew by more than 20% exceeding $41 million, with capacity increasing by a third to nearly 3,600 terabytes, IDC said in a statement, citing its recent study on the respective market.
“Last year’s rapid expansion was driven by EU accession, which brought about deregulation of certain sectors, privatisation, regulatory compliance, and other changes,” IDC programme manager Philip Korinek said in the statement. “The increasing inflow of foreign direct investment in key sectors of the economy, and growing interest in storage among small and medium-sized businesses also play a role.”
The top three vendors on the Romanian disk storage market in 2006 were Hewlett Packard, IBM, and EMC, whose combined market share reached more than 72%. On the demand side, the biggest buyers were telecommunications firms, pharmaceutical companies, financial institutions, retail companies, andmedia, IDC said.
Storage area networks (SAN) comprised the bulk of disk storage revenue in 2006 and will again in 2007, comprising over 57% share of the total market in both years. Direct attached storage (DAS) accounted for nearly 35% of total revenue in 2006 and is projected to amount to 33% by the end of this year. Network attached storage (NAS) constituted a little over 5% share in 2006 and this should rise slightly to 5.8% in 2007, according to IDC.
($ = 0.7015 euro)
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