This IDC study provides a forecast for spending in the Canadian enterprise storage systems market through 2022. 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 enterprise storage systems revenue is expected to grow at a CAGR of 0.2% through 2022.
"After a strong 2017 in the Canadian storage market, we can expect a certain amount of reversion to the mean as the forces of media pricing, cloud adoption, and the movement toward server-based storage provide pressure against the traditional array market. The storage ecosystem as a whole remains extremely strong, however, as capacity demand and digital transformation (DX) continues to make both data growth and data services areas of interest to Canadian buyers," says Dave Pearson, research manager, Enterprise Storage and Networking.