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Forecast: External Storage Systems, Worldwide, All Countries, 2019-2025, 1Q21 Update
The vendor revenue for the worldwide external storage market will increase by 1.9% in 2021, but remain flat with a five-year compound annual growth rate of 1.8% during 2020 through 2025. Greater China adoption of SSA and Hybrid storage throughout the forecast period is the main contributor toward the shift to a more positive market outlook.