FRAMINGHAM, Mass., June 11, 2012 – Results from the International Data Corporation (IDC) Worldwide Storage Software QView show the worldwide storage software market closed the first quarter of 2012 (1Q12) higher than same quarter from one year ago, but growing at a slower rate than had been experienced at any time in the last two years. Revenue during 1Q12 increased 3.3% year over year to $3.5 billion.

While the market continues to see healthy demand for storage software products, the rate of growth within the market has slowed to levels not seen since 2009. "The first quarter saw decidedly mixed results," said Eric Sheppard, research director, Storage Software at IDC. "Incremental spending attributable to recent product refreshes have run their course within some functional markets, such as storage infrastructure software. Meanwhile, continued fine-tuning of product pricing, packaging and messaging is helping to draw out new investments within other markets, such as the Data protection and recovery market."

EMC, IBM, and Symantec were once again the top ranking storage software suppliers with 24%, 15.7%, and 14.8% market shares, respectively. CommVault and IBM experienced the largest organic growth during the quarter with 26.2% and 18.4% year-over-year increases. HP's recent acquisition of Autonomy helped drive 72.6% year-over-year growth for the company during the quarter.

Data Protection and Recovery and Archiving Software were the two fastest growing sub-markets with year-over-year growth rates of 5.5% and 5.0% respectively, generating $1.25 billion and $411 million in total revenues. Companies with more than 1,000 employees made up the biggest component of the market with $1.6 billion in storage software investments during the quarter. Sales were flat within this segment of the market, however, at 0.4% year over year. Storage software investments within Government and Education were also relatively flat, experiencing only 1.2% year-over-year revenue growth. Small and medium sized companies (i.e., companies with fewer than 500 employees) drove a considerable amount of market growth during the quarter, increasing 8.8% compared to 1Q11.

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.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 48 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

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