A few days ago, Gartner released a report on the global storage market for the third quarter of 2021. The report showed that the sales of the global storage market in the third quarter were 34.9 billion yuan, a year-on-year increase of 2.9%; shipments of 86,900 units, a year-on-year decrease of 1.4%.
From a regional perspective, the Asia-Pacific region has the fastest growing and has become the growth engine of the global storage market. Specifically, the Asia-Pacific market grew by 9.2% year-on-year, North America grew by 3.2%, while the EMEA and Japanese storage markets both declined, down 0.5% and 15.4%, respectively. Among them, in the Asia-Pacific region, the Chinese market is 7.52 billion yuan, a year-on-year increase of 7%, accounting for 72% of the Asia-Pacific market share.
At the product level, the traditional storage market is shrinking, and new storage markets such as all-flash storage and distributed storage are growing strongly. The market size of all-flash storage increased by 14.4% year on year, while hard disk drives and hybrid-flash storage decreased by 5.8%. At the same time, the sales of secondary storage and dedicated backup equipment based on distributed architecture increased by 2.6% and 11.5% respectively during the quarter.
Gartner predicts that by 2025, the global storage market will reach 150 billion yuan, of which the market share of all-flash storage will increase from 45% in 2020 to 57%, and the market share of distributed secondary storage will increase from that in 2020. 17% increased to 27%.
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