On December 27, 2023, IDC released the "China Enterprise External Storage Market Quarterly Tracker: Q3 2023".
In the first three quarters of 2023, due to the difficult macroeconomic situation, enterprises reduced their investment in IT. Global manufacturer sales decreased by 19% to $22.5 billion.
The China enterprise external storage market has a shipment capacity of 167EB, sales of $4.3 billion, down 08%
Market Overview
The software-defined storage (SDS) market grew 64%, and the market share rose to 250%。
Backup appliance (PBBA) is favored by **, finance and other industries, with a year-on-year increase of nearly 343%。
The hyperconverged (HCI) market decreased by 2 percent year-on-year2%, but still accounts for about 20With a market share of 8%, IDC is optimistic that it will return to growth next year.
More and more Chinese manufacturers are focusing on high-end all-flash products and launching more and more end-to-end NVMe all-flash products to serve business scenarios that require higher performance and IOPS. IDC**, the all-flash (AFA) product market will remain at 5A growth rate of more than 8%. With the boom of ChatGPT and AIGC, the market demand for high-performance all-flash storage has soared, and software-defined storage (SDS) has been pushed to the forefront, and the proportion of software-defined storage (SDS) in all-flash storage (AFA) has gradually risen, from 50% rises to 123%。
China's enterprise storage market grew less than expected in the third quarter of 2023, and IDC has raised its overall growth forecast for 2023 from positive 2 percent in the second quarter0%, adjusted to believe that there will be negative growth, and the market size is expected to decline by 1 year-on-year6%。
But overall, the storage market is more resilient to negative impacts than some other IT departments due to the dependence on data due to the ongoing digitization of business. IDC** China's enterprise storage market will achieve healthy market growth and maintain 36% CAGR.
Vendor Highlights:
China's Enterprise Storage Market Landscape, Revenue in the First Three Quarters of 2022 and the First Three Quarters of 2023 (USD Million):
The competitive landscape of China's enterprise storage market in the first three quarters of 2023:
The specific data is as follows.
Huawei's sales were 965.9 billion yuan (1366..)03 million US dollars), accounting for 316%, ranking first in China;
Inspur Information Sales 342.3 billion yuan (484.5 billion$60 million), accounting for 112%, ranking second in China;
H3C sales 309.4 billion yuan (43.8 billion$95 million), accounting for 10 percent of the overall market2%, the market share continued to decline, ranking third in China;
Dawning sales 201.6 billion yuan (28.5 billion02 million US dollars), accounting for 66%, rising to the fourth place in China;
Hikvision sales 198.7 billion yuan (281.$83 million), accounting for 65%, down to fifth in China;
Lenovo sales 180.6 billion yuan (25.5 billion$97 million), accounting for 59%, ranking sixth in China;
Dell sales 108.5 billion yuan (15.4 billion.)$32 million), accounting for 36%, ranking seventh in China.