In 2019, Huawei's enterprise storage market shipment share reached 29.5%, ranking first, and a report released by IDC recently showed.
This is the fifth consecutive year that Huawei has ranked first in China's enterprise-level external storage market share.
Looking at the overall market for Chinese enterprise-level external storage, the market size in the fourth quarter of 2019 reached USD 1.32 billion, and the full-year sales in 2019 exceeded USD 4 billion, reaching USD 4.01 billion, an overall increase of 16.8% compared to 2018.
Among them, the overall market of China's all-flash array (AFA) has reached a growth of 58.6% in 2019 and is expected to maintain a compound annual growth rate of 10% in the next five years.
The rapid growth of the all-flash market is also one of the main drivers of Huawei's continued rapid growth in revenue.
IDC predicts that the size of the enterprise storage market will grow to $6.3 billion by 2024.
