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06 September 2010 ,
Written by Dhruv Tanwar
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The the International Data Corporation (IDC), in its most recent Worldwide Quarterly Storage Software Tracker, has found the worldwide storage software market to be growing modestly during the second quarter of 2010 (2Q10) with revenues of nearly $3 billion, marking a 3.3% growth over the same quarter a year ago, but a 2.3% decline over the previous quarter (1Q10).
Laura DuBois, program vice president, Storage Software at IDC explained that the gains in the storage software market during the second quarter were largely the result of overall growth from the larger suppliers, with EMC up 13.3% year over year, IBM up 10.6% and NetApp up 6% year-on-year. She said from a segment perspective, growth emanated from spending in four segments of storage software: data protection and recovery that was up 4.9% year over year, archiving was up 8.2%, storage management was up 5.8%, and storage infrastructure grew 12.7%.
IDC said storage software revenue growth of 3.3% was in line with global external disk storage systems factory revenues that posted 20.4% year-over-year growth at $5 billion during 2Q 2010. |