Storage Software Market Sees Healthy Gain in Q3

 
 
By Chris Preimesberger  |  Posted 2010-12-07 Email Print this article Print
 
 
 
 
 
 
 

The market brought in revenues of $3.1 billion, which also amounted to a 6.3 percent increase from the second quarter in 2010.

The worldwide storage software market showed another healthy gain in the third quarter of 2010, with 8.7 percent growth over the same period a year ago, researcher IDC reported Dec. 7.

The researcher in its Worldwide Quarterly Storage Software Tracker said the market brought in revenues of $3.1 billion, which also amounted to a 6.3 percent increase from the second quarter in 2010.

EMC was the leading vendor in the segment, hauling in $768 million and taking 24.4 percent market share. Symantec was second at $518 million (16.5 percent share), followed by IBM ($421 million, 13.4 percent), NetApp ($263 million (8.4 percent), CA ($104 million, 3.3 percent) and Hewlett-Packard ($99 million, 3.2 percent).

"The gains in the storage software market in the third quarter were largely the result of overall growth from some of the large suppliers. Among the top five suppliers, EMC and NetApp both showed double digit growth with 13.9 percent and 19.8 percent respectively, in year-over-year growth," said Laura DuBois, program vice president, Storage Software at IDC.

"From a segment perspective, the strongest growth is coming from double digit spending in three segments of storage software: data protection and recovery (up 10.7 percent year over year), archiving (up 12 percent), and storage infrastructure (up 37.3 percent)."

Customers continue to re-architect their backup and recovery approaches in light of consolidation, ongoing data growth, and infrastructure changes, with all three factors driving continued spending in data protection, DuBois said.

"Archiving deployments are fueled by a combination of regulatory, legal, and IT efficiency motivations. Lastly, we are seeing increased spending on the infrastructure side as a result of interest in automated storage tiering," she added


 
 
 
 
Chris Preimesberger Chris Preimesberger was named Editor-in-Chief of Features & Analysis at eWEEK in November 2011. Previously he served eWEEK as Senior Writer, covering a range of IT sectors that include data center systems, cloud computing, storage, virtualization, green IT, e-discovery and IT governance. His blog, Storage Station, is considered a go-to information source. Chris won a national Folio Award for magazine writing in November 2011 for a cover story on Salesforce.com and CEO-founder Marc Benioff, and he has served as a judge for the SIIA Codie Awards since 2005. In previous IT journalism, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. His diverse resume also includes: sportswriter for the Los Angeles Daily News, covering NCAA and NBA basketball, television critic for the Palo Alto Times Tribune, and Sports Information Director at Stanford University. He has served as a correspondent for The Associated Press, covering Stanford and NCAA tournament basketball, since 1983. He has covered a number of major events, including the 1984 Democratic National Convention, a Presidential press conference at the White House in 1993, the Emmy Awards (three times), two Rose Bowls, the Fiesta Bowl, several NCAA men's and women's basketball tournaments, a Formula One Grand Prix auto race, a heavyweight boxing championship bout (Ali vs. Spinks, 1978), and the 1985 Super Bowl. A 1975 graduate of Pepperdine University in Malibu, Calif., Chris has won more than a dozen regional and national awards for his work. He and his wife, Rebecca, have four children and reside in Redwood City, Calif.Follow on Twitter: editingwhiz
 
 
 
 
 
 
 

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