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This IDC study provides a bottom-up sizing of the APEJ storage solutions market (including software, hardware, and services) for 2005 in addition to a 2006?2010 forecast. Historical and forecast revenue data are shown by functional market. A brief description of the market dynamics shaping the storage solutions market in APEJ is also included.
"The storage market is still evolving, fueled by the explosive growth of data created, transacted, stored, archived, and even deleted from IT systems and applications. While the focus has historically been on the hardware aspect to solving an organization's storage requirements, IDC expects to see organizations across APEJ look to software and services to manage their information assets. In addition, IDC expects the growing focus on information management, compliance, and standards to become critical drivers for the storage software market in APEJ throughout the forecast period. Software enables greater visibility of an organization's information assets throughout their life cycle from creation to expiration. It also helps provide reporting functionalities and added control, which is important for ensuring compliance with legal and corporate regulatory requirements," says Graham Penn, associate vice president, Asia/Pacific Storage, IDC Australia.
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