India grows fastest in ECB sales during Q3 2007: Gartner

India has emerged as the fastest growing market for external controller-based disk (ECB) storage devices with revenues reaching $59.4 million in the third quarter of 2007.

NEW DELHI: India has emerged as the fastest growing market for external controller-based disk (ECB) storage devices with revenues reaching $59.4 million in the third quarter of 2007, according to a report.

India registered a 76.3 per cent growth in sales of ECB devices, like USB drives, during in the quarter, a report by Gartner said.

Worldwide, the revenue from ECB sales totalled $3.9 billion in the three-month period, registering a 3.4 per cent increase over the same period in 2006.

In India, EMC regained its leadership position with a market share of 30 per cent and all product lines showing a growth over the previous quarter. IBM grew close to 90 per cent on a year-on-year basis with total revenues of $12.9 million. HP trailed EMC and IBM to occupy the third position.

"The third quarter 2007 was a strong quarter -- not only was India the fastest growing ECB market globally, it was also the biggest quarter ever reported in India in terms of revenues," Gartner storage group Principal Analyst Aman Munglani said.

The Asia Pacific region, excluding Japan, increased its revenues by 22.7 per cent year-on-year. The growth in the region is widely distributed amongst several countries including India, Australia, Taiwan and China.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › Tech › Hardware › India grows fastest in ECB sales during Q3 2007: Gartner
Text Size:AAA
Success
This article has been saved

*

+