Published: 18 July 2024
Summary
In 2023, the total ECB storage revenue decreased by 8.7%, with revenue for hard-disk drive/hybrid disk-based arrays and solid-state arrays down by 16.5% and 0.6%, respectively. SSA accounted for 53.5% of the total ECB revenue in 2023, up from 49.1% in 2022.
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Overview
Key Market Findings
External controller-based (ECB) storage global revenue decreased by 8.7% to $21.0 billion in 2023, as enterprises were cautious with their storage spending in a weakened environment.
Primary storage market revenue fell by 10.8% in 2023 to $15.1 billion. Within this segment, revenue continued to shift from hard-disk drive (HDD)/hybrid to solid-state array (SSA), driving up SSA’s share in the primary storage market to 66% in 2023.
Secondary storage market revenue grew by 1.5% to reach $4.1 billion in 2023, led by 102.8% growth in the secondary SSA segment.
Backup and recovery (B&R) appliance revenue decreased by 11.6% to $1.8
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