Storage Software: Slow but Steady
The worldwide storage software market has witnessed 21st consecutive
quarter of year-over-year growth in the fourth quarter of 2008 (4Q08)
with revenues of $3.03 billion. The growth is 3.6% over the same
quarter a year ago. This is revealed today (Mar. 9) by the research
firm IDC.
"The
storage software market is starting to exhibit more of an impact from
the economic trouble," said Michael Margossian, research analyst,
Storage Software at IDC. "Even with the usually strong fourth quarter,
most vendors showed signs of slowing down, and in some cases declining
year over year."
EMC
led the overall market with 26% revenue share in the fourth quarter of
2008. Symantec held onto the second position with 18.3% revenue share,
while IBM finished in the third position with 13.2% revenue share.
NetApp finished in the fourth position with 7.5% revenue share while
HP and CA rounded out the top 5 with 4.5% and 3.7% revenue share,
respectively.
"On a
yearly basis, storage-based software showed continuing growth when
comparing like quarters year over year. Particularly strong were the
Data Protection and Recovery, File System Software, and Archiving
segments. However, same year Q3 to Q4 comparisons are negative or
neutral reflecting the downward pressure from the worldwide economic
crisis," added James Baker, IDC's research manager for Storage
Software. "The two largest segments – Data Protection and Recovery
Software and Storage Replication Software – dropped just slightly
between Q3 and Q4."
IDC’s
storage software taxonomy includes eight functional markets: data
protection and recovery, archiving (including email archiving),
storage replication, storage management, storage device management,
storage infrastructure, file system, and "other".
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