Global software storage sales soaring

IDC reports ninth consecutive quarter of double-digit growth

Written by Robert Jaques

The global storage software market grew by 11.2 per cent year over year to $2.4bn in the fourth quarter of 2005, marking nine consecutive quarters of double-digit year-over-year growth, new research has reported.

According to IDC's Worldwide Quarterly Storage Software Tracker, storage software revenues totalled $8.9bn for the full year 2005, injecting nearly $1bn of new revenue into the marketplace and growing 12.6 per cent year over year.

In the fourth quarter of 2005, the storage replication market posted the largest gain at 21.7 per cent year-over-year growth, while the back-up and archive and storage resource management software markets continued to represent the largest storage software markets, each representing a third of the market.

"The storage software market continues to exhibit steady growth, particularly in the replication, backup and archive segments, driven by customer requirements to protect and secure information in an increasingly complex IT environment," said Rhoda Phillips, research manager for storage software at IDC.

"This demand is in response to the growth of information and the impact of the requirements to have more information online with greater protection throughout the entire business cycle."

EMC led the overall market with 29.2 per cent revenue share in the fourth quarter of 2005. Symantec took the second position with 19.7 per cent, while IBM finished in the third position with 11.5 per cent, posting a strong result of 32.6 per cent year-over-year growth.

Network Appliance and HP once again rounded the top five in a statistical tie with 6.7 per cent and 6.5 per cent revenue share respectively.

Network Appliance and IBM posted the strongest year-over-year revenue growth among the top five vendors at 41.3 per cent and 32.6 per cent respectively.

For the full year, EMC maintained its lead in the storage software market with 29.7 per cent revenue share, followed by Symantec and IBM with 20.3 per cent and 10.5 per cent respectively.

Network Appliance and HP again rounded out the top five in a statistical tie with 6.6 per cent and 6.5 per cent respectively.

Among the top five vendors, Network Appliance and IBM posted the strongest year-over-year revenue growth during 2005, with 45.4 per cent and 26.8 per cent growth respectively.

See also:

reader comments

related articles

 

Q1 storage software sales soar

18th consecutive quarter of year-over-year growth, reports IDC 09 Jun 2008

Virtualisation fails to dent server demand

IDC reports global sales revenues up 3.5 per cent 28 May 2008

EMC leads the way in Q3 disk storage

IDC Worldwide Disk Storage Systems Quarterly Tracker finds market remains strong despite economic downturn 10 Dec 2008

latest news

Ballmer highlights aims for New Year

Ballmer announces Windows 7 beta and future alliances designed to improve information sharing 08 Jan 2009

Active Storage completes UK Jigsaw

Jigsaw unveiled as Raid vendor's first non-US Platinum partner as it launches in Europe 08 Jan 2009

Dell quits Irish production

Vendor to slash 1,900 jobs in Limerick as it migrates assembly for EMEA customers to Poland 08 Jan 2009

poll

Challenging times ahead?

Challenging times ahead?

Do you think there will be a lot of channel job cuts in 2009?

Previous poll results

Paul Anderson, Trend Micro

Vendor Q&A: Paul Anderson, Trend Micro

During this Q&A session Paul Anderson, UK country manager of Trend Micro talks about the changing threat landscape and how Trend is working with resellers in 2009

Sara Yirrell and Rick Wallis

Vendor Q&A: Rick Wallis, NEC Computers

In this exclusive vendor Q&A, Rick Wallis, UK sales director at NEC Computers talks to CRN editor Sara Yirrell about his firm’s plans for the channel.

events

Channel Expo 2009 logo

Channel Expo 2009

The UK's top reseller exhibition will return to the NEC on 20 May 2009

CRN Fight Night 2009

The channel's only white-collar boxing event is back

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Advertisement

White papers

Search white papers

Top categories

Primary Navigation