Home / Software sales rise 8.3% on year

Software sales rise 8.3% on year

The storage software market grew 3.1% in Q4 of last year with revenues of US$2.6 billion, IDC said.

The storage software market grew 3.1% in Q4 of last year with revenues of US$2.6 billion, IDC said.

The quarter was the sector’s 13th consecutive quarter of year-on-year growth and boosted storage software revenues to US$9.8 billion for the whole of 2006 — an 8.3% increase on the previous year, according to the research group. IDC said storage replication was once again a major factor in driving the sector’s growth.

“Storage software continues to show good year-on-year performance, fueled by growth in the archiving, replication and file system software markets, as well as an increase in demand for storage management software,” Laura DuBois, research director for storage software at IDC, commented in the report.

EMC led the overall market in Q4 with 27.9% revenue share. Symantec took the second position with 18% revenue share, while IBM finished in the third position with 12.1% revenue share. Network Appliance finished in the fourth spot with 9.6%.

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