History (1991): Market for Backup Software to Grow From $87 million in 1991 to $325 million in 1999, 69% CAGR

Peripheral Strategies (Santa Barbara, CA) estimates that the market for backup software will grow from $87 million in 1991 to $325 million in 1999, a CAGR of 69%.

Mountain Network Solutions (Campbell, CA), a subsidiary of Nakamichi, is the leader with a 34% market share, in front of Emerald Systems (San Diego, CA) with 27%, Irwin Magnetic Systems (Ann Arbor, MI) and Archive company with 9%, followed by Palindrome Corporation (Naperville, IL) with 7%.

This article is an abstract of news published on the former paper version of Computer Data Storage Newsletter on issue 44, published on September 1991.