In 2021, China‘s HCI and SDS markets maintained rapid growth

Source: China Securities Journal

    Recently, the 2021q4 China software defined storage and hyper converged storage system market tracking report released by IDC shows that China‘s HCI and SDS markets maintain rapid growth in 2021. In 2021, the market share of China‘s hyper converged storage system (HCI) increased by 41.1% year-on-year, with the fastest growth rate in the world; China‘s software defined storage (SDS) market share increased by 45.5% year-on-year. Combined with the overall enterprise level external storage market, the proportion of hardware shipments of SDS and HCI has gradually increased, and the market share is close to 48%.

    Huawei‘s three largest data fusion suppliers in China accounted for 57% of the market share in 2021 and 2023, respectively; The top three suppliers in China‘s software defined storage market in 2021 are Huawei, Xinhua and Zhongke Shuguang, with a total market share of 55.2%.

    Yang Yunxu, senior analyst of IDC China, said that driven by the policy, traditional industries such as banking, manufacturing and transportation are accelerating the digital transformation, providing more market opportunities for software defined storage and super fusion systems.

    IDC predicts that the market demand for super integrated system solutions and software definitions in China remains strong. From 2022 to 2026, the super fusion system solution will maintain a compound annual growth rate of 12.6%. By 2026, the super fusion market will reach nearly US $3.64 billion; China‘s software definition market will maintain a compound annual growth rate of 14.0%; The market capacity in 2026 is close to US $4.51 billion.

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