The worldwide storage software market increased 6.3% year over year during the second calendar quarter of 2014 (2Q14), according to IDC (www.idc.com). Revenue during the quarter totaled nearly US$3.8 billion, says the research group.
EMC, IBM, and Symantec were the top ranking storage software suppliers with market shares of 25.9%, 16.0%, and 13.3%, respectively. Data Protection & Recovery software sales were up 10.2% year over year to $1.45 billion in sales. Sales of Storage Infrastructure Software were up 10.8% year over year to $448 million. And Storage & Device Management Software sales were up 4.1% year over year to $708 million.
"The storage software market experienced broad growth across most functional markets in the second quarter," says Eric Sheppard, research director, Storage Software at IDC. "Sales of data protection and recovery software accounted for almost 60% of the net-new spending during...| Read more »