Storage Software Market Ends 2010 with Strong Growth, According to IDC

FRAMINGHAM, MA – March 7, 2011 – According to the International Data Corporation (IDC) Worldwide Storage Software QView, the worldwide storage software market ended the fourth quarter of 2010 (4Q10) with revenues of $3.4 billion. This represented a 10.6% increase over the same quarter one year ago, and marks the fifth consecutive quarter of year-over-year growth for the market.

Full year 2010 sales of storage software increased 10.3% to $12.7 billion, which is a striking contrast to the 3.2% contraction the market experienced in 2009. The storage infrastructure market experienced the highest calendar year growth of 23.6%, which took the functional market to $1.2 billion in total sales. Data protection and recovery remained the largest functional market by a considerable margin. Sales in this market segment surpassed $4.4 billion for the year, which was an increase of 11.2%.

"The storage software market is in the midst of a sustained recovery, which is partly driven by new product innovations, and partly by a strong desire to address inefficiencies related to storing, protecting, and managing corporate data," said Eric Sheppard, research director with IDC's Storage Softwareprogram. "A considerable increase in storage software designed to enable automated storage tiering, coupled with a continued market trend of addressing aging, inefficient storage deployments were two important drivers of market growth during the quarter."

Top 5 Vendors, Worldwide Storage Software Revenue, for the Fourth Quarter of 2010 (Revenues are in Millions) 

Vendor 4Q10 Revenue 4Q10 Market Share 4Q09 Revenue 4Q09 Market Share 4Q10/4Q09 Revenue Growth

EMC $866.1 25.4% $734.0 23.8% 18.0%

Symantec $543.0 16.0% $542.4 17.6% 0.1%

IBM $442.9 13.0% $401.0 13.0% 10.4%

NetApp $311.7 9.2% $275.9 9.0% 13.0%

Hitachi $148.4 4.4% $101.0 3.3% 47.0%

All Vendors $3,405.4 100% $3,079.0 100% 10.6%

Source: IDC Worldwide Quarterly Storage Software Tracker, March 2011.

Taxonomy Note: IDC has updated its storage software taxonomy to reflect changes in the market over the last several years. The 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".

IDC's Worldwide Quarterly Storage Software Tracker is a quantitative tool for analyzing the global storage software market. This Tracker counts new license and maintenance revenues quarterly and provides data segmentations by vendor, submarket, functional product family, and region.

For more information about IDC's Worldwide Quarterly Storage Software Qview, please contact Hoang Nguyen at 508-935-4718 or hnguyen@idc.com.

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