September 6, 2011 – Storage software sales keep growing at a double-digit rate, with the biggest gains coming from infrastructure updates and management, according to a new market review from IDC.
IDC put the total market value for software storage at $3.4 billion in the second quarter of 2011, up 11.3 percent from that same quarter in 2010. Of the seven markets covered in IDC’s quarterly market review of storage software, five registered at or near double-digit growth in sales compared with the second quarter of 2010. Those market segments were highlighted by infrastructure software (22.6 percent) and storage and device management software (17.3 percent). Data protection and recovery software sales notched 34.2 percent of the market value and led storage market gains in the second quarter of 2011, according to IDC.
Marshall Amaldas, senior research analyst in IDC’s storage software program, listed a number of factors behind the double-digit market growth, including ongoing modernization, the need for improved storage, new and simplified products, and more risk management.
“The fact that all of this is occurring during times of elevated economic uncertainty makes the market growth even more impressive,” Amaldas said in a news release.
All software providers in IDC’s review experienced year-over-year sales increases. Including these reported growth figures, EMC continues to lead vendors with a 24.5 percent market share (up 14.5 percent in second quarter from year-to-year sales), followed by Symantec (15.8 percent market share, 9.2 percent growth) and IBM (14.1 percent market share, 9.4 percent growth), according to IDC.
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