Global revenue during the calendar Q2 2012 increased by a mere 0.9 percent year-over-year to $3.36 billion. This was the second consecutive quarter of reduced year-over-year growth for the market and a performance level lower than any time since the fourth quarter of 2009.
Curiously, the data storage hardware market continues
its slow but steady income improvement
each quarter, but the corresponding
software sector seems to have leveled off, according to a major industry
Figures released Sept. 11 from IDC's Worldwide Storage Software QView
that the worldwide storage software market closed the second quarter 2012
higher than a year ago, but for all intents and purposes was flat.
Global revenue during the second calendar
quarter increased by a mere 0.9 percent year-over-year to $3.36 billion. This
was the second consecutive quarter of reduced year-over-year growth for the
market and a performance level lower than any time since the fourth quarter of
2009, IDC said.
The calendar years 2008 and 2009 were central
in the largest global recession in more than 70 years, and the data storage
software business wasn't immune to the downturn.
EMC, IBM and Symantec remained the top three
storage software suppliers with 26.4 percent, 14.7 percent, and 14.6 percent of
the market, respectively. Demonstrating the largest year-over-year growth during
the quarter were CommVault, with a 21.5 percent increase, and EMC, with a 7.4
Last April, CommVault announced
a new partnership with Microsoft
to deliver its Simpana Data Management in
the Windows Azure cloud, a factor that certainly helped spur the company's
growth in the quarter.
"The second-quarter storage software
results were mixed when viewed by supplier or functional market," said
Eric Sheppard, research director in storage software at IDC. "Indeed, five
of the top eight suppliers experienced revenue growth, but this was offset by
declines within a few of the market's larger suppliers.
"Most functional markets showed
increased investments, but the increases were far smaller than the market had
been experiencing over the past two years. These generally lower results can be
partially attributed to suppressed economic growth in Europe, reduced government/education
investments and transitions specific to a few large suppliers."
Data protection and recovery and archiving
software were once again the two fastest growing market segments with 2.4
percent and 2.2 percent year-over-year growth rates, respectively, or $1.16
billion and $404 million in total revenue, IDC said.