EMC dominates storage market with revenue of $2.2B
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Hopkinton-based EMC retained its domination of the external information storage market with over 21 percent of all worldwide sales revenue in 2015.
According to the latest analysis of the enterprise storage market by Framingham’s IDC, EMC secured $2.2 billion in revenue. This placed it well ahead of other companies with 21.5 percent of the revenue for the entire industry. This came despite a 5.2 percent decline in the fourth quarter, according to IDC.
Its nearest competitors were HPE with 15.1 percent of the market in revenue and Dell with 8.9 percent off the market with 920.7 million in revenue.
The impending purchase of EMC by Dell would set up a dominant force in the industry, even as the company sees an overall decline in the face of an ongoing transition to cloud-based storage.
WBJ Web Partners
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