EMC, IBM Top Ranking Storage Software Suppliers

EMC Corporation, International Business Machines Corporation (IBM), and Symantec were the top ranking storage software suppliers with 25.6%, 16.0%, and 14.8% market share, respectively, according to reports by the International Data Corporation.

However, Veeam and CommVault experienced the largest organic growth during the quarter with 99.7% and 20.5% year-over-year growth, respectively.

Results from the IDC Worldwide Storage Software QView show that worldwide storage software revenues increased 4.1% year over year to nearly $3.5 billion in the second quarter of 2013 (2Q13).

"Data protection & recovery software and storage & device management software were the two biggest sources of growth this quarter," said Eric Sheppard, research director, Storage Software at IDC. "Once again, organizations continued to invest in storage software that improves the resiliency and operational efficiencies within their storage infrastructure."

Among the storage software market segments, Data Protection & Recovery software revenues were up 8.9% year over year to nearly $1.3 billion. Storage & Device Management software revenues experienced year-over-year growth of 9.1%, reaching $674 million in 2Q13.

IDC's Worldwide Quarterly 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.