Full year 2010, worldwide revenues up 7.9% compared to 2009
The worldwide systems management software market experienced year-over-year revenue growth of 8.2% in the second half of 2010, with total revenues of $7.3bn in the second half, according to International Data Corporation (IDC).
For the full year 2010, worldwide revenues were up 7.9% compared to 2009, registering a gain of more than $1bn over the 12 month period, according to IDC’s Worldwide Semiannual System Management Software Tracker.
Enterprise System Management Software program vice president Tim Grieser said demand for systems management software was driven by the continuing economic recovery, which stimulated increased IT spending, hardware refresh and upgrade cycles, and new investments in managing virtualised and cloud infrastructures.
"With virtualisation and cloud development among the top priorities for most enterprises, IDC expects the systems management software market will continue to experience strong demand," Grieser said.
The US, Japan, France, Australia and Canada have contributed with very strong growth rates to the market, which is forecast to continue performing at above average growth in 2011 at 8.7%.
Problem Management and Workload Scheduling and Automation are the two other functional markets which are also expected to experience above average growth during 2011.
IDC said Australia, Brazil, Canada, Russia, China, and India will all achieve double-digit growth rates during 2011.
Worldwide Software Trackers associate vice president Wilvin Chee said among the top 10 vendors, five vendors – Microsoft, Hitachi, NEC, VMware, and Symantec – managed to achieve double-digit year-over-year growth rates globally in the second half of 2010.
More than a 10% market share globally was achieved by IBM and BMC. The strongest markets for IBM were the US, Japan, France, Australia, Canada and China; while for BMC were Germany, Brazil, and Australia.