Canadian Enterprise Storage Systems Forecast, 2016–2020
This IDC study provides a forecast for spending in the Canadian enterprise storage systems market through 2020. Reviewing the underlying technological and market forces that shape this environment, IDC provides guidance to storage system vendors to assist in targeting growth areas of the market and abating the effects of the current global economic situation. Total enterprise storage systems is expected to grow at a CAGR of 1.1% through 2020."Higher revenue results in 2015 push the overall growth rate through the forecast period downward, but the demand for storage capacity remains high and unchanged in Canada. A variety of changes in the vendor ecosystem will make for a tremendously competitive market for traditional ESS vendors. Adapting to customer demand, especially when it comes to enabling agility in enterprise IT, will be critical to the top ESS vendors from 2016 to 2020," says Dave Pearson, research manager, Enterprise Storage and Networking.