Revenue from the sale of branded storage systems sales to the enterprise market is not yet recovering. IDC, in its latest Worldwide Quarterly Enterprise Storage Systems Tracker, reported that total enterprise OEM storage systems revenue for the third calendar quarter of 2020 fell 1.4 percent over last year to nearly $6.8 billion, which is actually an improvement over the 5.0 percent drop the storage industry saw in the second quarter of 2020.
The drop in revenue came despite a spike in third calendar quarter external OEM storage capacity shipments of 9.6 percent over last year to 18.9 exabytes. That was significantly higher than the second-quarter 5.1 percent increase in capacity sold over last year’s second quarter.
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