IDC: Storage Software Booms in ’05

Thanks to continued high demand in back-up, management and replication technologies, storage software revenues grew 12.6 percent, totaling $8.9 billion in 2005.

These segments were responsible for pumping almost $1 billion of revenue into the market, according to IDC’s latest storage software report.

For the full year, EMC led with 29.7 percent revenue share, followed by Symantec with 20.3 percent and IBM with 10.5 percent. Network Appliance and HP rounded out the top five with 6.6 percent and 6.5 percent, respectively.

The fourth quarter was something of a microcosm of the results for 2005, as the market grew 11.2 percent year-over-year to $2.4 billion in Q4.

For Q4, EMC led the market with a 29.2 percent revenue share. Thanks to its Veritas purchase, Symantec took the second position, with 19.7 percent.

IBM was third in Q4. While Big Blue only notched an 11.5 percent share, the company recorded a 32.6 percent year-over-year growth.

NetApp and HP rounded the top five, with 6.7 percent and 6.5 percent revenue share, respectively.

NetApp also posted the strongest growth among the top five vendors, with 45.4 percent for the year and 41.3 percent for Q4, respectively.

Back-up, archive and storage resource management segments each grabbed about a third of the market.

Storage replication, in which stored or archived data is copied in real time as it moves across a storage area network (SAN) (define), grew 21.7 percent for Q4 from a year ago.

This article was first published on InternetNews.com. To read the full article, click here.

RELATED NEWS AND ANALYSIS

• Huawei’s AI Update: Things Are Moving Faster Than We Think

  FEATURE |  By Rob Enderle,
  December 04, 2020

• Keeping Machine Learning Algorithms Honest in the ‘Ethics-First’ Era

  ARTIFICIAL INTELLIGENCE |  By Guest Author,
  November 18, 2020

• Key Trends in Chatbots and RPA

  FEATURE |  By Guest Author,
  November 10, 2020

• Top 10 AIOps Companies

  FEATURE |  By Samuel Greengard,
  November 05, 2020

• What is Text Analysis?

  ARTIFICIAL INTELLIGENCE |  By Guest Author,
  November 02, 2020

• How Intel’s Work With Autonomous Cars Could Redefine General Purpose AI

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  October 29, 2020

• Dell Technologies World: Weaving Together Human And Machine Interaction For AI And Robotics

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  October 23, 2020

• The Super Moderator, or How IBM Project Debater Could Save Social Media

  FEATURE |  By Rob Enderle,
  October 16, 2020

• Top 10 Chatbot Platforms

  FEATURE |  By Cynthia Harvey,
  October 07, 2020

• Finding a Career Path in AI

  ARTIFICIAL INTELLIGENCE |  By Guest Author,
  October 05, 2020

• CIOs Discuss the Promise of AI and Data Science

  FEATURE |  By Guest Author,
  September 25, 2020

• Microsoft Is Building An AI Product That Could Predict The Future

  FEATURE |  By Rob Enderle,
  September 25, 2020

• Top 10 Machine Learning Companies 2020

  FEATURE |  By Cynthia Harvey,
  September 22, 2020

• NVIDIA and ARM: Massively Changing The AI Landscape

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  September 18, 2020

• Continuous Intelligence: Expert Discussion [Video and Podcast]

  ARTIFICIAL INTELLIGENCE |  By James Maguire,
  September 14, 2020

• Artificial Intelligence: Governance and Ethics [Video]

  ARTIFICIAL INTELLIGENCE |  By James Maguire,
  September 13, 2020

• IBM Watson At The US Open: Showcasing The Power Of A Mature Enterprise-Class AI

  FEATURE |  By Rob Enderle,
  September 11, 2020

• Artificial Intelligence: Perception vs. Reality

  FEATURE |  By James Maguire,
  September 09, 2020

• Anticipating The Coming Wave Of AI Enhanced PCs

  FEATURE |  By Rob Enderle,
  September 05, 2020

• The Critical Nature Of IBM’s NLP (Natural Language Processing) Effort

  ARTIFICIAL INTELLIGENCE |  By Rob Enderle,
  August 14, 2020