IDC's research director storage software, Eric Sheppard, said the storage software market spent 2010 recovering from a difficult downturn, but 'fortunately, there was plenty of pent-up demand and new product innovations to help create momentum in the market."
"Looking forward, demand for storage software appears poised to remain strong around the world as organizations continue to address inefficiencies related to storing, protecting, and managing corporate data," Sheppard added.
IDC reports that, in the archiving software functional market, the greatest growth will come from a handful of key country markets, including Australia, the United States, Brazil, Canada, China, India, and Russia, and in the data protection and recovery software functional market, high-growth country markets are expected to be Australia, Brazil, China, India, Japan, Korea, and Russia.
And, again, Australia along with Brazil, China, India and Russia is included by IDC for the storage replication software functional market, with forecasts of double-digit pace in each market.
Of the 55 storage software vendors covered by IDC, EMC and Symantec held the top two positions for the second half of 2010, with the two vendors accounting for nearly 41 percent of the global market. IDC also says that, within the top 10, there were six vendors that outperformed the global market in terms of growth - Autonomy, CommVault, EMC, Hitachi Data Systems (HDS), IBM, and NetApp, with CommVault and HDS achieved the 'most impressive growth rates.'