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Home > Market Stats

Storage Services Market Forecast

According to the report titled "Magic Quadrant for Storage Services, 2Q07" published by Gartner in May 2007, the worldwide storage service market in 2006 was estimated to be worth more than $25 billion, with nearly $10 billion in hardware support services. Depending on worldwide economic conditions, the market research firm estimates compound annual growth rates (CAGRs) for storage services to reach approximately 8% from 2005 through 2010, bringing the worldwide opportunity to nearly $33 billion by 2010.

Gartner Storage Services Forecast

Source: Magic Quadrant for Storage Services, 2Q07


 
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