Data storage software sales increase for the 15th consecutive quarter

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Between April and June this year sales of software for data storage increased by 10.4 percent, generating a total turnover of $ 2.8 billion. The figures, calculated by IDC, reveal a growth of the market for the 15th consecutive quarter.

According to the consultant, companies are increasingly looking for products that allow them to protect information efficiently and at controlled costs, with areas such as compliance and legislation to play a decisive role in this growth, as well as HSM – hierarchical storage management.

These are the areas, as well as the need to have information always available, in a simple way and with little risk, the major engines of market growth, adds IDC in a statement.

Leading the market is EMC with revenues of $ 685 million and a 24.6 percent share. Symantec is the second best selling company in this area with revenues of $ 488 million in the second quarter and a 17.5 percent market share.

The Top 3 closes with IBM, which controls 13 percent of the market and generates a turnover of US $ 362 million, reveals the IDC Worldwide Quarterly Storage Software Tracker.

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