EMC gains top spot with 23.7% market share
Global storage software market revenues experienced a slight increase of 0.5% to $3.09bn for the fourth quarter of 2009, compared to $3.08bn for the same quarter a year ago. It represented a 6.3% growth sequentially, according to research and analytic firm IDC.
EMC led the overall market with revenue of $734m, a decline of 6.7% compared to $787m in the same period last year. It accounted for 23.7% revenue share for the quarter.
Symantec held onto second position with revenue of $542m, representing 17.5% revenue share, while IBM finished third with revenue of $407m, representing 13.2% revenue share. The list is followed by NetApp with 7.9% of revenue share, while HP and CA rounded out the fifth spot with a statistical tie accounting for 3.9% and 3.8% revenue share, respectively.
For the full year 2009, EMC led the overall market with $2.66bn, down 11.6% compared to $3bn in 2008. It accounted for 22.7% revenue share. Symantec held onto the second position with 17.9% revenue share, while IBM finished in the third with 13.5% revenue share. NetApp finished in the fourth position with 8% revenue share, along with CA rounding out the top five with 4% market share in 2009.
Laura DuBois, research director of storage software at IDC, said: Sequential and year-over-year growth has returned for storage software, suggesting the market has started to show signs of recovery.
“Another sign that bodes well for the segment is that, as storage consumes larger portions of IT budgets, driven by the exponential growth of data, the need for storage management and efficiency increases. Into 2010, storage capital investments are aimed at making more efficient and reliable use of data, data storage, and data management resources.