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September 6, 2010

Storage software market revenue grew to $3bn in Q2 2010: IDC

Storage infrastructure segment posted 12.7% growth

By CBR Staff Writer

Worldwide storage software market revenue in the second quarter of 2010 grew marginally by 3.3% year on year to $3bn, but a decline of 2.3% compared to first quarter of 2010, according to a report by International Data Corporation (IDC).

The Worldwide Quarterly Storage Software Tracker report revealed that all the four segments of storage software recorded a growth of above five percent, except for data protection and recovery, which posted a year on year growth of 4.9%.

According to IDC, storage infrastructure segment secured top position by posting 12.7% growth, archiving with 8.2%, and storage management with 5.8% growth in the second quarter of 2010.

IDC storage software program vice president Laura DuBois said the gains in the storage software market in the second quarter were largely the result of overall growth from some of the large suppliers.

"The growth for the quarter came from EMC (up 13.3% year over year), IBM (up 10.6%), and NetApp (up 6.0%)," DuBois said.

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