Dell is the storage market leader in India with 27.6 percent share despite dropping its revenue in Q4 2017.
Hewlett Packard Enterprise (HPE) and NetApp achieved significant growth – mainly driven by deals from banking and telecommunications industry.
The top technology companies in the Indian storage market include Dell, HPE, IBM, NetApp and Hitachi.
India’s storage market declined 4.7 percent to $74.1 million in Q4 2017, according to analyst firm IDC.
The research report said the single-digit drop in India storage market was mainly due to lesser spend in banking and manufacturing verticals in Q4 2017. Banking and manufacturing industry verticals segments are the highest contributors to the storage market along with professional services and telecommunications industries.
“Adoption of All Flash Arrays (AFA) is growing exponentially and becoming mainstream in storage deployments across enterprises to address the demand for workload/application acceleration with high IOPS and minimal latency,” said Dileep Nadimpalli, associate research manager, Enterprise Infrastructure at IDC.
AFA achieved 54.9 percent growth in Q4 2017 contributing to 23.4 percent of the external storage market. Banking, telecommunications and professional services are contributing to most of these deployments in Q4 2017.
Flash footprint also continues to increase in hybrid flash arrays (HFA), as end users are procuring a higher proportion of SSD’s vs HDD’s to achieve a better price to performance ratio.
High end storage segment grew at 39.2 percent in Q4 2017 due to deployments in telecom and banking industries. Consumption models for Storage are impacting both midrange and entry level segments.
Ranganath Sadasiva, director, Enterprise Solutions, IDC India, said digital transformation will drive customers to look for Storage requirements and innovative Storage technologies. Adoption for HCI, Object Oriented Storage, Software Defined Storage grew in the India market addressing the new-age storage requirements of customers.