As enterprises try to manage their storage resources with proportionally fewer administrators, the worldwide storage management software market is forecast to grow from $5.3 billion in 2000 to $16.7 billion in 2005, according to Dataquest Inc., a unit of Gartner, Inc. The market is expected to grow 26.4 percent in 2001, to $6.6 billion.
The downturn in the U.S. economy from mid-2000 continues to extend sales cycles, but the five-year outlook remains strong as data storage growth, driven by the use of Web-based applications, multimedia data and data warehouse/business intelligence implementations, demands better storage administration tools. Storage administrators are being asked to manage larger amounts of storage as the growth in staffing falls behind the growth in storage.
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