Worldwide Fibre Channel SAN Market to Double by 2008
Dell'Oro Group 5-Year Forecast Predicts 17 Percent Annual Growth for Fibre Channel Switch Market
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IDC remains optimistic in its forecast of the Chinese IT market, despite the announced policies designed to rein in its overheated economy. During IDC's annual Directions conference in April this year, IDC predicted that China's IT market would continue its robust growth in 2004 and well into 2008 at a compound annual growth rate of 15%, doubling from US$25 billion to US$50.8 billion in 2008. This will be driven by IT spending in the government, education, manufacturing and retail industries, which will experience higher than average growth rates.
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REDWOOD CITY, Calif.--(BUSINESS WIRE)--Aug. 3, 2004--In a newly published report, Dell'Oro Group predicts that the worldwide Fibre Channel switch market is projected to grow at an average annual rate of 17 percent over the next five years while the Fibre Channel host bus adapter (HBA) market is forecasted to grow an average of 11 percent annually over this same period. According to the Dell'Oro Group report, the Fibre Channel storage area network (SAN) market will double from $1.8 billion in 2003 to $3.6 billion in 2008.
This worksheet allows you to prepare a sales forecast based on a projected growth rate of sales by product, service, or product line. Sales Forecast Based on Market Share This sales forecast method requires that you predict the percentage you will capture of the total market for your products and services. Unit Sales Forecast This forecast method requires that you predict the number of units of each product and service that you will sell each period and the projected price per unit that you will be able to charge.
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"This year, new product introductions and clean-up of channel inventories will set the stage for growth in port shipments to exceed 40 percent in 2005," said John Carvell, Principal Analyst of SAN research at Dell'Oro Group. "Enterprises have been migrating to a SAN architecture from a direct attached storage model to reduce cost and complexity, centralize management, improve provisioning, and enhance reliability of their server and storage resources. This trend will continue to drive SAN growth for the next several years."
Katz runs the company with 22 paid employees and 300 volunteers who give technical support to new users and are compensated with free memberships (remember those days at AOL ). He rents space in two AT&T data centers, one in Manhattan, another inSecaucus, N.J., with $700, 000 worth of computer equipment, end servers from Dell Computer and five IBM Unix servers. The $2 million annual payroll is his biggest expense.
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Looking ahead, Retail Sales figures for the month of March are due out on Tuesday with forecasts predicting a growth of 0.1%, 0.6% for the month of February.
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About the Report
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The Dell'Oro Group SAN 5-Year Forecast Report offers complete, in-depth coverage of the market with tables covering revenue, unit, and price forecasts for Fibre Channel Switch and Fibre Channel HBA markets. To purchase this report, call +1.650.622.9400 x223 or email Julie@DellOro.com.
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About Dell'Oro Group
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As a trusted source for market information about the networking and telecommunications industries, Dell'Oro Group provides in-depth, objective research and analysis that enables component manufacturers, equipment vendors, and investment firms to make fact-based, strategic decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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Contacts
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Dell'Oro Group
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Julie Learmond-Criqui, 650-622-9400 ext. 223
Julie@DellOro.com
