Telecom operators were the growth drivers for the 13.8 percent increase in India’s storage market revenue to reach $74.6 million in Q1 2017, said IDC.

Multimillion-dollar deal in telecom vertical drove growth in the storage market. Banking, telecom, professional services, manufacturing and government continued to be the key contributors in Q1 2017. In addition to the major verticals, significant growth is witnessed in verticals such as Securities, Transportation and Insurance.

Dell is the number one storage vendor with market share of 43.4 percent. HPE is the second largest storage vendor. IBM and Netapp achieved significant growth due to uptake from banking, telecom and government verticals in Q1 2017.