Total WW Storage Data At 6.8ZbB In 2020, Up 17% From 2019 - IDC
Storage Newsletter, May 14th, 2020
May 14, 2020,
Volume 266, Issue 2

CAGR of 18% for 2019-2024

"Despite the dramatic decline in worldwide IT spending brought on by the Covid-19 pandemic, International Data Corporation expects the Global StorageSphere - the worldwide installed base of storage capacity - will continue to expand.

In a new update to its Worldwide Global StorageSphere Forecast, 2020-2024: Continuing to Store More in the Core ($4,500) forecast, IDC estimates that the installed base of storage capacity worldwide will grow to 6.8ZB this year, an increase of 16.6% over 2019. Over the course of the 2019-2024 forecast, it expects the installed base of storage capacity to achieve a CAGR of 17.8%..."

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