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Weak High-End Demand Results in Worldwide External Disk Storage Systems Revenue Falling at Rates Not Seen Since 2009, According to IDC

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Worldwide external disk storage systems factory revenues fell -5.2% year over year to $5.6 billion during the first quarter of 2014 (1Q14), according to the International Data Corporation (IDC) Worldwide Quarterly Disk Storage Systems Tracker. For the quarter, the total (internal plus external) disk storage systems market generated $7.3 billion in revenue, representing a decrease of -6.9% from the prior year's first quarter and a sequential decline of -17% compared to the seasonally stronger 4Q13. Total disk storage systems capacity shipped was 9.9 exabytes, growing just 19.9% year over year.

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