IDC: A-P storage software market to triple by 2007

IDC: A-P storage software market to triple by 2007

Sales of software related to data storage grew 48 per cent over the past year in the Asia-Pacific (excluding Japan) region and is at the forefront of business and IT thinking in companies, IDC said on Monday in a research report. IDC expects the market to show a CAGR (compound annual growth rate) of 25 per cent per year over the next five years, when sales will be three times as high as they are today.

The most common forms of storage software are backup and archive software, storage replication software and storage resource management, according to IDC.

Storage replication software and storage resource management now account for about half of the user spending and represent the fastest-growing sector of the market. Backup and archive software account for 38 per cent of end-user spending in this market.

Asia-Pacific does not have many big corporations needing massive data collections and related management tools. Instead, it has a great many mid-sized companies that suffer from the absence of scalable, affordable and manageable storage systems, IDC said.

Market interest over the next five years will lean towards more complex and strategic solutions such as storage resource management, according to IDC.

EMC remains the leading vendor of storage software in Asia-Pacific, with a market share of 33 per cent, and having nearly doubled regional revenue between 2000 and 2001. Veritas Software and Computer Associates International (CA) ranked second and third, with market shares of 15 per cent and 10 per cent.

But these companies face renewed competition from Sun Microsystems and Storage Technology, which have both cited storage software as a key focus area from 2002 onwards. Both enjoyed successful years, with Sun growing revenue by 67 per cent over the last year and Storage Technology by 61 per cent, IDC said.

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