Storage software market rebounds: IDC
Storage software market rebounds: IDC
September 15, 2009:According to IDC’s Worldwide Quarterly Storage Software Tracker, the worldwide storage software market experienced another decline in year-over-year growth in the second quarter of 2009 (2Q09) with revenues of $US2.8 billion, representing –9.8% growth over the same quarter one year ago.
"The storage software market is slowly starting to recover with positive growth over the first quarter of 2009," said Michael Margossian, research analyst, Storage Software at IDC.
"While only two out of the top five vendors experienced growth over the previous quarter, the replication market grew 5% compared to 1Q09 led by NetApp, which has been refocusing its efforts and grew 20% from the previous quarter."
"In the second quarter we generally start to see growth from the first quarter, and this year was no exception," added Noemi Greyzdorf, research manager, Storage Software.
"The data protection and recovery market had a sequential growth rate of nearly 3% and the top three vendors in this market – Symantec, IBM, and EMC – all had positive growth. In addition, the device management and archiving software markets each managed positive gains over the first quarter."
EMC led the overall market with 22.4% revenue share in the second quarter of 2009. Symantec held onto the second position with 18.5% revenue share, while IBM finished in the third position with 11.5% revenue share. NetApp finished in the fourth position with 8.5% revenue share while CA rounded out the top 5 with 4.1% revenue share.