FRAMINGHAM, Mass.--(BUSINESS WIRE)--Results from the International Data Corporation (IDC) Worldwide Storage Software QView show the worldwide storage software market increased 3.2% during the first quarter of 2013 (1Q13) compared to the same quarter of 2012. Revenue during the quarter totaled $3.6 billion.
"Overall sales of storage software improved during the first quarter of 2013," said Eric Sheppard, Research Director, Storage Software at IDC. "Demand was strongest for Data Protection & Recovery software as well as Storage & Device Management software. This was driven by a broad need for data resiliency, improvements to operational efficiencies, and better insights into installed data center infrastructure."
EMC, IBM, and Symantec were the top three vendors in the overall storage software market with market shares (based on revenues) of 23.9%, 16.8%, and 14.7%, respectively. Veeam and CommVault experienced the largest year-over-year growth during the quarter with increases of 35.4% and 23.0%, respectively.
Data Protection & Recovery software revenues were up 7.6% year over year to $1.3 billion. Storage & Device Management software revenues grew 7.3% year over year to $706.6 million.
IDC's Worldwide 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.
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.