This IDC study provides a forecast for spending in the Canadian disk storage systems market through 2016. Reviewing the underlying technological and market forces that shape this environment, IDC provides guidance to storage system vendors to assist in targeting growth areas of the market and abating the effects of the current global economic situation. Total disk storage systems spend rose to C$756.7 million in Canada in 2011 and is expected to grow at a CAGR of 1.9% through 2016.
"Worldwide economic uncertainty still plagues the enterprise storage system marketplace, as do the availability and cost of hard drives. Canada saw greater than expected revenue in 2011, but reduced demand for 2012 means that vendors will be forced to be more competitive than ever. A greater percentage of the storage ecosystem will go toward software and services than enterprise hardware," says Dave Pearson, research manager, Storage and Networking.