Five of the seven functional markets covered within the Worldwide Storage Software Qview grew at double-digit or high single-digit rates during the quarter. Storage Infrastructure Software and Storage & Device Management Software experienced the strongest gains with 22.6% and 17.3% year-over-year growth respectively. Data Protection and Recovery Software sales accounted for 34.2% of market value and were the largest contributor to incremental revenue for the quarter compared to one year ago.
EMC, Symantec, and IBM were the top ranking storage software suppliers with 24.5%, 15.8% and 14.1% market shares respectively. All suppliers covered within the Qview experienced year-over-year increases in storage software sales, suggesting demand for storage software was far reaching and went well beyond simple product refresh cycles.
"The far-reaching and double-digit storage software market growth was driven by quite a few factors", stated Marshall Amaldas, senior research analyst with IDC's Storage Software programme. "New product introductions, simplified pricing & bundling, ongoing modernization of data protection processes, a need to improve management of storage within virtual environments, and desire to mitigate against legal and IT risks were all important contributors to growth. The fact that all of this is occurring during times of elevated economic uncertainty makes the market growth even more impressive."