IDC: Storage software market has typical fourth quarter jump

Storage software grew by 6.3 per cent in Q4 2009 over previous quarter

According to IDC Worldwide Quarterly Storage Software Tracker, the worldwide storage software market experienced a slight increase in year-over-year growth in the fourth quarter of 2009 (Q4- 09) with revenues of $US3.09 billion, representing 0.5 percent growth over the same quarter one year ago, as well as 6.3 percent growth from the previous quarter (Q3-09).

"The storage software market was able to increase in typical fourth quarter fashion, with all top six vendors showing positive growth from the third quarter," said Michael Margossian, Associate Research Analyst, Storage Software at IDC. "Data protection and recovery was once again a strong market with the top four vendors showing growth from a year ago. IBM had the strongest year-over-year growth with revenues up 19.3 percent from the fourth quarter of 2008, while EMC enjoyed the greatest gains over the third quarter -- a 13.1 percent increase -- with the help of strong hardware growth."

"Sequential and year-over-year growth has returned for storage software, suggesting the market has started to show signs of recovery, said Laura DuBois, Research Director, Storage Software."Another sign that bodes well for the segment is that, as storage consumes larger portions of IT budgets, driven by the exponential growth of data, the need for storage management and efficiency increases. Into 2010, storage capital investments are aimed at making more efficient and reliable use of data, data storage, and data management resources," she added.

EMC led the overall market with 23.7 percent revenue share in the fourth quarter of 2009. Symantec held onto the second position with 17.5 percent revenue share, while IBM finished in the third position with 13.2 percent revenue share. NetApp finished in the fourth position with 7.9 percent revenue share while HP and CA rounded out the top 5 with a statistical tie with 3.9 percent and 3.8 percent revenue share respectively.

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags HPcaIBMemcstorage software

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Channelworld staff

Channelworld India
Show Comments

Cool Tech

Breitling Superocean Heritage Chronographe 44

Learn more >

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?