Storage News

Storage Software Market Delivers Continued Growth

A 3.3 percent growth in the second quarter of 2010 over the second quarter of 2009 is reported by the IDC Worldwide Quarterly Storage Software Tracker and presented on Market Watch. This revenue of almost three billion dollars is a 2.3 percent decrease over the first quarter of 2010. Also noted in the news release is that storage software market gains were largely the result of overall growth from large suppliers.

"'The gains in the storage software market in the second quarter were largely the result of overall growth from some of the large suppliers. The growth for the quarter came from EMC (up 13.3% year over year), IBM (up 10.6%), and NetApp (up 6.0%),' said Laura DuBois, program vice president, Storage Software at IDC. 'From a segment perspective, growth is coming from spending in four segments of storage software: data protection and recovery (up 4.9% year over year), archiving (up 8.2%), storage management (up 5.8%), and storage infrastructure (up 12.7%).' The storage software revenue growth of 3.3% is in line with worldwide external disk storage systems factory revenues, which posted year-over-year growth of 20.4%, totaling $5.0 billion in the second quarter of 2010."