Storage software market on the up

The storage software market showed growth in the first quarter of this year with signs that recovery is under way.

According to market research company IDC, revenues grew 7.2 percent in the quarter compared to the first quarter of 2009, although they fell 1.6 percent from the fourth calendar quarter of 2010.

The major vendors showed overall growth, said Laura DuBois, VP of storage software at IDC. “Market demand for storage has clearly returned, with five of the top six vendors showing positive growth year over year. Another quarter of growith will be a strong inducator that the storage software market is in recovery,” she said.

The largest suppliers were responsible for most of the growth,  with EMC up 13.7 percent, IBM up 11 percent, HP up 8.7 percent, Netapp up 8.1 percent and CA up to 7.2 percent.  But Commvault showed a 25 percent year on year growth.

Enterprises that had put a freeze on storage spending started buying again.

The following table shows the major vendors, with revenues in millions of dollars.

Vendor
Q1 10 revs
Share
Q1 09 revs
Share
Q1 10/Q1 09
1. EMC
$696
23%
$612
21.7%
13.7%
2. Symantec
$528
17.5%
$531
18.8%
-0.5%
3. IBM
$430
14.2%
$387
13.7%
11%
4. NetApp
$252
8.3%
$233
8.3%
8.1%
5. CA
$117
3.9%
$109
3.9%
7.2%
5. HP
$105
3.5%
$97
3.4%
8.7%
Others
$899
29.7%
$856
30.3%
5.1%
All Vendors
$3,027
100%
$2,825
100%
7.2%