June 11, 2010 – Revenue performance in the storage software market was lackluster in the first quarter of this year, although the market did exceed $3 billion – a 7.2% growth over the same quarter last year. Given the sorry state of IT spending a year ago, that qualifies as lackluster.
In contrast, the external disk array market posted year-over-year growth of 18.8% in the first quarter (see “Disk array SmackDown: NetApp vs. IBM, Dell vs. HP”).
With a few exceptions, storage software vendors posted modest revenue growth in Q1 2010 vs. Q1 2009: EMC (13.7% revenue growth), IBM (11%), NetApp (8.1%), CA (7.2%) and HP (8.7%). The only vendor posting negative growth was Symantec, with a slight 0.5% drop.
EMC topped the list with a 23% market share on Q1 revenue of $696 million, followed by Symantec (17.5% market share), IBM (14.2%), NetApp (8.3%), and CA and HP in a virtual tie with 3.9% and 3.5% market shares, respectively.
But the most impressive numbers came in the data protection and recovery segment of the overall storage software market, where EMC racked up revenue growth of 46.6% and CommVault, although it didn’t crack the top six vendors list, increased revenue by an impressive 24.9% in the first quarter vs. the same period a year ago.
For IDC’s full press release and more stats, see “Storage Software Market Delivers Good Growth and Continues Signs of Recovery.”
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