Demand for storage software products continues to grow, with revenue up 10 percent in the third quarter, marking eight consecutive quarters of double-digit year-over-year growth, according to data published Monday by IDC in its Worldwide Quarterly Storage Tracker.
Revenue grew to $2.1 billion in the third quarter of 2005, with the market for storage replication software posting the largest gain from a year earlier, with 16.8 percent growth. The back-up and archive market also showed strong demand, with revenue up 12.7 percent.
Products for storage resource management, along with back-up and archiving software, remained the storage software industry's largest segments, with each accounting for a third of the total, IDC said.
EMC led the industry with revenue of $621 million, or 29.1 percent of the market. Symantec secured the No. 2 position, following its acquisition of Veritas Software, with 20 percent of total revenue. IBM came third at 9.4 percent, with revenue of $201 million.
Network Appliance landed in fourth position, with 6.9 percent of revenue, slightly ahead of Hewlett-Packard with 6.7 percent.
Of the top five vendors, Network Appliance posted the strongest year-over-year growth in the third quarter, at 42.5 percent.
IDC's figures track new license and maintenance revenue.
(IDC is a division of International Data Group, the parent company of the IDG News Service.)