IDC's quarterly data storage sales report shows that quarterly revenue for worldwide storage systems was down 5.9% in the last quarter of 2008 compared to a year earlier. But the capacity shipped increased by 27.3% year-over-year to a total of 2.46 petabytes.
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The storage market is thriving despite a tough economy, as exploding digital information growth has forced customers to add more capacity and upgrade to newer storage systems that are faster and more efficient, analysts say.