Storage software market declines, but shows promise

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The storage software market is still facing a decline on-year, but the latest quarterly figures released this week give some hope of recovery.

According to IDC's Worldwide Quarterly Storage Software Tracker, the market has seen another drop in growth of 9.8 per cent, amounting to revenues of $2.8 billion. However, some areas did see a rise compared to the previous quarter.

Noemi Greyzdorf, research manager of Storage Software at IDC, said in a statement: "In the second quarter we generally start to see growth from the first quarter, and this year was no exception."

"The data protection and recovery market had a sequential growth rate of nearly three per cent and the top three vendors in this market - Symantec, IBM, and EMC - all had positive growth,” Greyzdorf said.

Device management and archiving software markets all achieved positive gains in the quarter, as well as a five per cent growth in the replication market.

EMC still holds the highest market share with 22.4 per cent and revenues of $638 million, but this was down from a 23.6 per cent market share as well as a 14.4 per drop in revenues.

Although NetApp only ranked fourth, it was the only vendor in the top five which showed positive growth in revenue compared to the same period last year, as well as a rise in market share to 8.5 per cent.

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