Storage Software Market Has Typical Fourth Quarter Jump, as Well as a Slight Increase from Last Year, According to IDC

EMC led the overall market with 23.7% revenue share in the fourth quarter of 2009. Symantec held onto the second position with 17.5% revenue share, while IBM finished in the third position with 13.2% revenue share.

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"According to the International Data Corporation (IDC) Worldwide Quarterly Storage Software Tracker, the worldwide storage software market experienced a slight increase in year-over-year growth in the fourth quarter of 2009 (4Q09) with revenues of $3.09 billion, representing 0.5% growth over the same quarter one year ago, as well as 6.3% growth from the previous quarter (3Q09). "The storage software market was able to increase in typical fourth quarter fashion, with all top six vendors showing positive growth from the third quarter," said Michael Margossian, associate research analyst, Storage Software at IDC. "Data protection and recovery was once again a strong market with the top four vendors showing growth from a year ago. IBM had the strongest year-over-year growth with revenues up 19.3% from the fourth quarter of 2008, while EMC enjoyed the greatest gains over the third quarter – a 13.1% increase – with the help of strong hardware growth."

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