Visit our other websites:    Consumer IT    On CE    Mobile Channels    ECI news    rAVe Europe    Digital Signage News    

 

eSP - IT Solution Providers in Europe

  • Full Screen
  • Wide Screen
  • Narrow Screen
  • Increase font size
  • Default font size
  • Decrease font size

Storage Software Keeps on Growing

E-mail Print PDF

Global Q2 2011 storage software revenues total $3.4Bn, growing by 11.3% Y-o-Y-- the 7th consecutive quarter of Y-o-Y growth according to IDC. 

Storage softwareThe analyst says this growth is due to expensive investments within the infrastructure space during Q2. 

Storage Infrastructured Software and Storage & Device Mangagment Software see the biggest growth, with 22.6% and 17.3% Y-o-Y growth respectively. 

Data Protection and Recovery Software account for 32.4% of market value share, and provide the biggest increase in Q2 2011 revenue. 

Top top 3 vendors are EMC (24.5% market share), Symantec (15.8%) and IBM (14.1%), with all suppliers covered by IDC seeing Y-o-Y increases in storage software sales. 

IDC describes such growth as impressive-- even more so considering it is "occurring during times of elevated economic uncertainty."

The analyst attributes the growth to new product introductions, simplified pricing and bundling, ongoing data protection process modernisation, improving storage software within virtual environments and a desire to mitigate against legal and IT risks. 

Go IDC Worldwide Storage Software QView