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    Storage Software Market Sees Healthy Gain in Q3

    Written by

    Chris Preimesberger
    Published December 7, 2010
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      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
      https://www.eweek.com/author/cpreimesberger/
      Chris J. Preimesberger is Editor Emeritus of eWEEK. In his 16 years and more than 5,000 articles at eWEEK, he distinguished himself in reporting and analysis of the business use of new-gen IT in a variety of sectors, including cloud computing, data center systems, storage, edge systems, security and others. In February 2017 and September 2018, Chris was named among the 250 most influential business journalists in the world (https://richtopia.com/inspirational-people/top-250-business-journalists/) by Richtopia, a UK research firm that used analytics to compile the ranking. He has won several national and regional awards for his work, including a 2011 Folio Award for a profile (https://www.eweek.com/cloud/marc-benioff-trend-seer-and-business-socialist/) of Salesforce founder/CEO Marc Benioff--the only time he has entered the competition. Previously, Chris was a founding editor of both IT Manager's Journal and DevX.com and was managing editor of Software Development magazine. He has been a stringer for the Associated Press since 1983 and resides in Silicon Valley.
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