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TECH SUPPLIER May 2019 - Market Forecast - Doc # CA43772619

Canadian Enterprise Storage Systems Forecast, 2019–2023

By: Dave PearsonResearch Director and Team Lead, Infrastructure

Abstract

This IDC study provides a forecast for spending in the Canadian disk storage systems market through 2023. 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 revenue is expected to grow at a CAGR of 1.0% through 2023.

"Infrastructure hardware remains a low-growth market across Canada," says Dave Pearson, director, Infrastructure Solutions. "However, demand is high for both compute and storage capacity, as well as associated software and services. The stark reality of nearly 30% capacity demand growth tips the scales against lower per-capacity costs and the continued push to drive down costs through cloud adoption and storage efficiency technologies."


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