| Worldwide storage software market shows continued growth in the third quarter of 2003
"The storage software market has exhibited healthy growth throughout the year, while the disk storage systems hardware market has only recently begun to show signs of a turnaround," said John McArthur, group vice president at IDC. "Storage software is becoming an increasingly critical component in enterprise storage strategies, creating opportunities for independent software vendors, server suppliers, and storage specialists." Within the overall market, the largest sequential gain came in the storage replication software market, which grew 7.9 percent in 3Q03. The back-up and archive software market, which is the largest segment of the overall market, experienced 2.7 percent sequential growth. Meanwhile, the storage resource management market grew 3.6 percent sequentially in the third quarter. "For the second consecutive quarter all segments of the storage software market showed significant growth," said Bill North, research director for Storage Software. "Storage replication software showed the greatest increase, driven by continuing customer emphasis on data protection and disaster recovery. The overall strength of the storage software market is particularly impressive in light of the typical seasonal trend of slowing business in the third quarter. These encouraging results reinforce our expectation that storage software will post strong year-over-year growth in 2003." EMC led the overall market with 26.1
percent revenue share, gaining nearly 1 point of market share from
the second quarter of 2003. Veritas maintained its second position,
slightly outpacing the overall market. Computer Associates and IBM
tied for the fourth position, while HP followed in fifth. EMC and
HP posted the largest sequential growth among the top 5 vendors
with 7.9 percent and 8.3 percent growth, respectively.
•Date:
16th December 2003 •Region: Worldwide •Type:
Article •Topic:
IT continuity |
