WW Storage Software Revenue Increased 3% in 1Q13 – IDCLargest Y/Y growth for CommVault and Veeam
This is a Press Release edited by StorageNewsletter.com on 2013.06.12
Results from the International Data Corporation Worldwide Storage Software QView show the worldwide storage software market increased 3.2% during the first quarter of 2013 (1Q13) compared to the same quarter of 2012.
Revenue during the quarter totaled $3.6 billion.
"Overall sales of storage software improved during the first quarter of 2013," said Eric Sheppard, research director, storage software at IDC. "Demand was strongest for Data Protection & Recovery software as well as Storage & Device Management software. This was driven by a broad need for data resiliency, improvements to operational efficiencies, and better insights into installed data center infrastructure."
EMC, IBM, and Symantec were the top three vendors in the overall storage software market with market shares (based on revenues) of 23.9%, 16.8%, and 14.7%, respectively. Veeam and CommVault experienced the largest year-over-year growth during the quarter with increases of 35.4% and 23.0%, respectively.
Data Protection & Recovery software revenues were up 7.6% year over year to $1.3 billion. Storage & Device Management software revenues grew 7.3% year over year to $706.6 million.