March 9, 2011 – For the fifth consecutive quarter, the storage software market has shown year-over-year growth, according to IDC. In the new research, the worldwide storage software market ended the fourth quarter of 2010 with revenues of $3.4 billion, a 10.6 percent increase over the same quarter one year ago.
In contrast to the 3.2 percent contraction of the storage market in IDC’s 2009 research, 2010 sales of storage software increased 10.3 percent to $12.7 billion. The storage infrastructure market experienced the highest calendar year growth of 23.6 percent. Data protection and recovery surpassed $4.4 billion for the year, an increase of 11.2 percent.
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