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Global network storage market hits $3.7bn

Dubai, June 16, 2011

The global network-attached storage (NAS) market grew by 37.4 per cent in 2010 to reach a total revenue of more than Dh13.6 billion ($3.7 billion), said a report.

Netgear, a worldwide provider of technologically advanced branded networking and storage products, ranked number one in global vendor revenue share for NAS/unified storage systems priced under Dh18,400, added the report entitled Market Share: Network-Attached Storage (NAS) / Unified Storage Worldwide 2010 released by leading IT research firm, Gartner.

Netgear ranked number four for NAS /unified storage systems under Dh92,000 and ranked eighth in the NAS/unified systems overall segment, the report added.
Netgear took the lead in the Dh18,400 market segment, according to the report.

The company also moved two positions forward in the under Dh92,000 segment and moved up two positions in the total market.

The report reveals that the worldwide vendor revenue for the low-end network-attached storage and unified storage market grew by 18.4 per cent or around Dh4.4 billion in revenue in 2010. The estimated low-end iSCSI SAN portion of the unified storage market also demonstrated an increase of over 60 per cent or Dh415.8 million.

“The latest Gartner report not only affirms Netgear’s leadership in the different NAS / unified storage segments but also demonstrates the global market’s increasing preference towards strategic networking and storage solutions,” said Ahmad Zeidan, channel sales manager, Netgear Middle East.

“Netgear boasts of a wide portfolio, which includes our key replication solutions and data back-up solutions that are VN-ready and gives our customers the confidence and security during disaster and data recovery situations.”

“Being ranked among the world’s leading storage vendors bolsters our commitment to provide our customers with an integrated suite of solutions in storage and networking that can help today's businesses drive in more productivity and efficiency,” he added.

“Businesses of all sizes are all looking for strategic ways to cut down on their operational costs by examining alternatives to traditional enterprise IT vendors. The move to recover from the recent economic downturn has created a strong demand for smart IT solutions that are reliable, affordable and simple. Netgear maintains its steadfast commitment in leveraging its NAS / unified storage systems solutions across different verticals," concluded Zeidan.

Netgear will showcase its leadership in the networking and storage segments at a special roadshow event with its global technology partner, Acronis, on June 22 at The Metropolitan Hotel in Dubai.

The event will see the launch of Netgear’s new global partner program and will also announce the release of Acronis Backup and Recovery 11, a statement said. – TradeArabia News Service




Tags: Dubai | Netgear | NAS | Gartner | network storage |

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