1996 disk drive array sales to top $12 billion
Mountain View, CA — The disk drive array market continues to grow rapidly, led by strong sales of disk drive arrays, popularly known as RAID subsystems, for expanding applications with network file servers and mainframe computer systems. 1996 worldwide sales are expected to reach $12.3 billion, rising to $18.6 billion in 1999, according to Disk/Trend`s new market study on disk drive arrays. The shakeout of manufacturers with marginal market whereas has already started. The 1996 Disk/Trend Report lists 158 companies that offer disk drive arrays under their own name, down from 179 only a year ago. U.S. companies produced over 92 percent of 1995`s total revenue, with IBM, EMC, Digital Equipment and Compaq Computer the leaders in worldwide sales.