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India is one of the upcoming markets in the Asia-Pacific region and the enterprise storage market is bound to exhibit a positive growth rate, it said adding, verticals such as banking and finance, IT, ITeS, telecom, government, PSEs and manufacturing are the early adopters of storage systems in India and aggressively laying down their storage infrastructure. Exponential data growth is fuelling the storage market while decline in the cost of storage per gigabyte is giving an impetus to the market. Disk storage systems revenue in Asia Pacific, excluding Japan, has shown a sequential growth rate of 6 per cent in the third quarter at $585.5 million, the International Data Corporation quarterly review said. The growth in revenue in the region compared to the previous quarter was boosted by strong gains in India, China and Taiwan that offset flat or negative results in other countries in the region, the IDC said. The short term movement reflects varying economic cycles within these countries and also the different quarterly buying patterns in each of the 12 countries in the region. Overall, HP maintains its leadership of total storage end-user revenue with 28.2 per cent market share followed by IBM with 23.3 per cent, it said. "Customers continue to show increased interest in networked storage due to scalability of storage area networks and network attached storage'' Graham Penn, director, storage research at IDC Asia Pacific, said. The value of external disk storage shipments (networked storage plus external direct attached storage) increased by 9.2 per cent over the previous quarter compared to a decline of 0.6 per cent in the value of internal disk storage systems. PTI
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