Demand for storage software products continues to grow, with revenue up 10 per cent in the third quarter, marking eight consecutive quarters of double-digit year-over-year growth, according to data published by IDC in its Worldwide Quarterly Storage Tracker.
Revenue grew to $US2.1 billion in the third quarter of 2005. The market for storage replication software posted the largest gain over the previous year earlier -16.8 per cent. The back-up and archive market also showed strong demand, with revenue up 12.7 per cent.
Products for storage resource management, along with back-up and archiving software, remained the storage software industry's largest segments. Each accounted for a third of the total, IDC said.
EMC led the industry with revenue of $621 million, or 29.1 per cent of the market. Symantec (20 per cent) was second, following its acquisition of Veritas, IBM (9.4) came third with revenue of US$201 million. Network Appliance (6.9 per cent) landed in fourth position, slightly ahead of HP (6.7 per cent).
Of the top five vendors, Network Appliance posted the strongest year-over-year growth in the third quarter, at 42.5 per cent.
IDC's figures track new license and maintenance revenue.