NetApp Inc - Statistics & Facts

NetApp Inc. is an American multinational storage and data management company that offers software, systems, and services for the management and storage of data. Founded in 1992, the company is headquartered in Sunnyvale, California. It thrived in the internet-bubble years of the mid 1990s, but experienced a decline in revenue after the bubble burst in 2001. NetApp's annual revenue steadily climbed after 2010 and stood at about 5.55 billion U.S. dollars as of 2016. The company is among the leading information technology (IT) storage vendors worldwide.

The largest of NetApp’s segments by revenue is its product segment. The company produces ‘filers’, disk-storage devices that serve directories and files over a network, which have been its most prominent products over the years. The company further comprises software maintenance, hardware maintenance, and other professional IT services.

Together the Americas - the United States, Canada, and Latin America - account for the majority of NetApp's regional revenues worldwide. In the first quarter of 2016, Cisco and NetApp held a combined market share of the certified reference systems of 55.2 percent, dominating the market. In 2015, NetApp generated revenue of approximately 2.7 billion U.S. dollars worldwide from enterprise storage systems and in the same year the company held an 11.1 percent share of the external enterprise storage systems market globally.

The company is also among the leading vendors of cloud IT infrastructure worldwide. Its competitors in the data storage hardware industry include: Dell EMC, IBM, Microsoft, HPE, Cisco, and Google, with much of the rest of the market supplied by original device manufacturers.

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