Storage Software Market Up 6% From 3Q13 to 3Q14 at $3.8 Billion – IDC
Ranking: EMC (27%), IBM (14%) and Symantec (13%)
This is a Press Release edited by StorageNewsletter.com on December 18, 2014 at 2:37 pmResults from the International Data Corporation‘s (IDC) Worldwide Storage Software QView show the worldwide storage software market increased 6.1% year over year during 3Q14).
Revenue during the quarter totaled nearly $3.8 billion.
“Storage software sales were up across all functional markets, but software-defined storage platforms sales clearly led the pack,” said Jingwen Li, research analyst, storage software, IDC. “Up 39.4% year over year, the software-defined storage platforms market is benefiting from an increased desire to control costs by utilizing commodity hardware when building storage systems.“
EMC maintained its position as the leading storage software supplier with a worldwide market share of 27.2%, followed by IBM (14.2%) and Symantec (12.8%).
Data protection and recovery software sales were up 6.1% year over year to $1.4 billion in sales. Sales of storage infrastructure software were up 6.5% year over year to $421.5 million. And storage and device management software sales were up 7.3% year over year to $734 million.