Storage software market gains momentum

published 7 September 2010

The second quarter of 2010 saw strong revenues for the storage software market, despite failing to live up to last quarter's success.

A report from analyst firm IDC showed revenues were close to the $3 billion (1.95 billion) mark, a growth of 3.3 per cent when compared to the same quarter last year.

However, it also showed a 2.3 per cent decrease from the successful first quarter of 2010.

IDC claimed this was in line with overall revenues though in the worldwide external disk storage systems market.

"The gains in the storage software market in the second quarter were largely the result of overall growth from some of the large suppliers," said Laura DuBois, programme vice president of storage software at IDC.

EMC grew its market share by just over two per cent, now holding 24.4 per cent with revenues of $722 million.

Symantec, however, lost just under two per cent, reducing its market share to 16.5 per cent with revenues of $488 million.

Jennifer Scott is a former freelance journalist and currently political reporter for Sky News. She has a varied writing history, having started her career at Dennis Publishing, working in various roles across its business technology titles, including ITPro. Jennifer has specialised in a number of areas over the years and has produced a wealth of content for ITPro, focusing largely on data storage, networking, cloud computing, and telecommunications.

Most recently Jennifer has turned her skills to the political sphere and broadcast journalism, where she has worked for the BBC as a political reporter, before moving to Sky News.

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