EMC, IBM, Symantec lead storage software market in third quarter, says IDC

EMC, IBM, and Symantec are leading the storage software market in the third quarter of 2013, IDC said.

Storage vendor EMC has 25.2 percent share in the storage software market in third quarter, says IT market intelligence firm IDC.

The second largest storage software vendor is IBM with 15.1 percent market share in the third quarter.

Security solutions vendor Symantec is in the third position with 14 percent share.

Among the storage software market segments, Data Protection & Recovery sales rose 5.3 percent year over year to $1.32 billion in revenues.


Storage & Device Management software increased 3.7 percent to $672 million. Storage Replication software sales declined 3.6 percent to $660 million. Archiving sales rose 1.2 percent year over year, with $336 million in revenue for the quarter.

IDC says the worldwide storage software market increased 1.5 percent 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.

Jingwen Li, research analyst with IDC’s¬†Storage team, said that investments in storage replication software have fallen throughout the year as suppliers have increasingly bundled this capability within larger competitive deals.

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