Storage
Software Market Grows, says IDC
According
to the news by Network World 11/09/06,
the worldwide market for storage software
raised to $2.5 billion, up 8.6% from
the year before, however, revenue
from storage software decreased 3.2%
at EMC and drop 1.8% at Symantec.
EMC with storage software sales of
$654 million and a 26.4% share of
the market, remained as market leader.
Followed by Symantec, sales drop to
$468 million and its share of the
market slide to 18.9% from 20.9% a
year earlier. Storage software sales
at IBM grew 34.9% year on year, to
$311 million, taking its share of
the market to 12.5%, from 10.1% a
year earlier. Network Appliance, in
fourth place, grew even faster: Its
revenue from storage software jumped
57.5% to $222 million, giving it
9% share of the market, up from 6.2%.
This is the 11th consecutive quarter
of growth in storage software sales,
IDC said. It attributed much of the
growth to demand for storage replication
systems, where sales grew 13.2% year
on year, as companies make good on
their disaster recovery and business
continuity planning. Demand from archive
and hierarchical storage management
software (HSM) grew 32%, but from
a much smaller base.
Source:
Peter Sayer, IDG News Service, Network
World 09/11/06
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