FRAMINGHAM, Mass., March 6, 2012 –/– Results from the International Data Corporation (IDC) Worldwide Storage Software QView show the worldwide storage software market closed 2011 with record sales. Revenue during the calendar fourth quarter of 2011 (4Q11) increased 10.5% year over year to almost $3.8 billion. This made 4Q11 the largest quarter on record and helped to push the full year revenue total up 11.6% over 2010 to a record high of $14.16 billion.

EMC, IBM, and Symantec were the top ranking storage software suppliers with 25.7%, 19.8%, and 15.4% market shares, respectively. Four out of the seven functional markets tracked by the IDC Storage Software Tracker grew at a double-digit pace in 2011 and continue to exhibit strong growth potential going forward. Storage & Device Management as well as Data Protection & Recovery helped to propel the market into record territory as the two functional markets increased 17.3% and 13.8% respectively during the quarter. “Despite being a mature market, Data Protection & Recovery sales benefited greatly by the challenges introduced by virtualization and the requirement to guarantee high standards of recovery point objective (RPO) and recovery time objective (RTO) within these environments,” said Eric Sheppard, research director, Storage Software at IDC.

Though smaller in size, the Archiving software market was also a high growth market with revenue up 12% during the calendar year and 7.3% year over year in 4Q11. “Growth in the archiving segment continues to be fuelled by the adoption of cloud-based archiving solutions and growth in unstructured file data in both physical and cloud infrastructure,” said Marshall Amaldas, senior research analyst, Storage Software. There were also some large, high profile acquisitions in 2011 that directly impacted Archiving software market share. Autonomy’s acquisition of Iron Mountain was followed by HP’s acquisition of Autonomy, which catapulted HP into the number 2 market share position behind IBM.

The fourth quarter also marked the launch of IDC’s new Worldwide Storage Software QView Smart Bundles, which help to size the storage software market in five new ways: pricing method (e.g., capacity based pricing vs. enclosure-based pricing), Channel Method (i.e., direct vs. indirect sales), Deployment Type (i.e., SaaS vs. on prem.), size of company purchasing the software, and disk storage system hardware class (e.g., class of array being protected by the data protection & recovery software). These five new market views are expected to provide industry stakeholders with the ability to respond quickly and effectively to today’s dynamic storage software market through increased insight into today’s rapidly shifting buying behaviors.

IDC’s Worldwide Quarterly Storage Software QView is a quantitative tool for analyzing the global storage software market. This Tracker counts new license and maintenance revenues quarterly and provides data segmentations by vendor, submarket, functional product family, and region.

About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 47 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. You can learn more about IDC by visiting

For more information, please contact:
Eric Sheppard

Michael Shirer

General Tags: compare online backups, cloud computing, software as a service, online data backup, SaaS, online backup providers directory, data security, online backup reviews, online file storage, online backup, online backup news, CEO interviews, online file backup, top rated online backups, online backup companies, backing up online, data storage, online backup services

Like us on Facebook

Do you like this post? Subscribe to our RSS feed ===========================

Sponsored Links:

Data Deposit Box


Bacula Systems



Related posts:

  1. Investments in Data Protection & Recovery and Storage & Device Management Software Drive Growth within the Third Quarter 2012 Storage Software Market, According to IDC
  2. Symantec First Quarter Fiscal 2012 Revenue Increases On Higher Consumer, Storage Revenue
  3. Carbonite Reports Record Revenue and Free Cash Flow Results for Fourth Quarter and Full Year of 2013
  4. Worldwide Disk Storage Systems Markets Post Solid Gains for the Fourth Quarter and 2011, According to IDC
  5. ExaGrid Disk-Based Backup Storage Appliance Vendor Reports Record Quarter for Q2 2015 with Record Bookings and Revenue
  6. ExaGrid Announces Q2 2012 Results with Record Quarter for Disk Backup with Deduplication Sales to Mid-Market and Small Enterprise
  7. ExaGrid, Leading Disk-Based Backup Storage Appliance Vendor, Reports Record Quarter for Q3 2015 with Record Bookings and Revenue
  8. Worldwide Server Market Revenues Increase 11.0% in Second Quarter as Market Recovery Accelerates, According to IDC
  9. Strong Demand for Storage Software Drives Third Quarter Revenues to Second Largest Quarterly Total on Record, According to IDC
  10. Nimble Storage Announces Financial Results for Fourth Quarter and Fiscal Year 2016