EMC, IBM and Symantec Top Storage Software Suppliers - EnterpriseStorageForum.com

EMC, IBM and Symantec Top Storage Software Suppliers

Download the authoritative guide: Enterprise Data Storage 2018: Optimizing Your Storage Infrastructure

According to the International Data Corporation (IDC) Worldwide Storage Software QView, the storage software market experienced its seventh consecutive quarter of year-over-year growth during the second quarter of 2011 (2Q11).

EMC (NYSE: EMC), Symantec (NASDAQ: SYMC), and IBM (NYSE: IBM) were the top ranking storage software suppliers with 24.5%, 15.8% and 14.1% market shares respectively. All suppliers covered within the Qview experienced year-over-year increases in storage software sales, suggesting demand for storage software was far reaching and went well beyond simple product refresh cycles, said IDC.


"The total market value approached $3.4 billion during the quarter, up 11.3 percent over the same period last year.


 

"'The far-reaching and double-digit storage software market growth was driven by quite a few factors,' said Marshall Amaldas, senior research analyst with IDC's Storage Software program. 'New product introductions, simplified pricing & bundling, ongoing modernization of data protection processes, a need to improve management of storage within virtual environments, and desire to mitigate against legal and IT risks were all important contributors to growth. The fact that all of this is occurring during times of elevated economic uncertainty makes the market growth even more impressive.'"

Read the Full Research Highlights at MarketWatch


Comment and Contribute

 


(Maximum characters: 1200). You have characters left.

 

 

Storage Daily
Don't miss an article. Subscribe to our newsletter below.

By submitting your information, you agree that enterprisestorageforum.com may send you ENTERPRISEStorageFORUM offers via email, phone and text message, as well as email offers about other products and services that ENTERPRISEStorageFORUM believes may be of interest to you. ENTERPRISEStorageFORUM will process your information in accordance with the Quinstreet Privacy Policy.

Thanks for your registration, follow us on our social networks to keep up-to-date