FRAMINGHAM, Mass.--(BUSINESS WIRE)--Results from the International Data Corporation (IDC) Worldwide Storage Software QView show the worldwide storage software market increased 1.5% during the third quarter of 2013 (3Q13) compared to the same quarter of 2012. Revenue during the quarter totaled $3.47 billion.
"Data protection & recovery software and storage & device management software were the two major sources of growth this quarter," said Jingwen Li, Research Analyst with IDC's Storage team. "Also of note is the fact that investments in storage replication software have fallen throughout the year as suppliers have increasingly bundled this capability within larger competitive deals."
EMC, IBM, and Symantec were the top ranking storage software vendors with 25.2%, 15.1%, and 14.0% share of the total market respectively. Among the storage software market segments, Data Protection & Recovery sales were up 5.3% year over year to $1.32 billion in revenues. Storage & Device Management software was up 3.7% year over year to $672 million. Storage Replication software sales declined -3.6% year over year to $660 million. Finally, Archiving sales were up 1.2% year over year, with $336 million in revenue for the quarter.
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 49 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 www.idc.com.
