Storage Software Market up by 8.6%
Posted by Sachin Garg on 25th September 2006 | Permanent Link
According to IDC’s Worldwide Quarterly Storage Software Tracker, the worldwide storage software market grew 8.6% year-over-year to $2.5 billion in the second quarter of 2006, marking eleven consecutive quarters of year-over-year growth.
“Buyers are particularly interested in replication software to help ensure that their disaster recovery and business continuity plans are viable, in planning for recovery from any unwelcome and unpredictable events that might occur,” said Rhoda Phillips, research manager for IDC storage software.
Software Revenue, Second Quarter of 2006
(Revenues are in Millions)
|
Vendor |
2Q06 Revenue |
Market Share |
2Q05 Revenue |
Market Share |
Revenue Growth 2Q06/2Q05 |
|
EMC |
$654 |
26.4% |
$675 |
29.6% |
-3.2% |
|
Symantec |
$468 |
18.9% |
$477 |
20.9% |
-1.8% |
|
IBM |
$311 |
12.5% |
$230 |
10.1% |
34.9% |
|
Network |
$222 |
9.0% |
$141 |
6.2% |
57.5% |
|
Hewlett-Packard |
$141 |
5.7% |
$144 |
6.3% |
-2.7% |
|
CA |
$140 |
5.6% |
$108 |
4.7% |
29.5% |
|
Others |
$543 |
21.9% |
$506 |
22.2% |
7.2% |
|
All Vendors |
$2,477 |
100.0% |
$2,282 |
100.0% |
8.6% |
It is anyone’s guess that data compression is an, although small, but important part of all these offerings. Most of the solutions must be using one the popular free algorithms but I wonder how much of these revenues actually map back to technology vendors offering commercial data compression solutions.