By using this site, you agree to the IDC Privacy Policy

TECH SUPPLIER Mar 2019 - Market Share - Doc # US44957719

Worldwide Storage Software and Public Cloud Market Shares, 4Q18: Fourth Quarter Caps Off Impressive Growth for Both Markets

By: Andrew SmithResearch Manager, Infrastructure Systems, Platforms and Technologies Group

Abstract

This IDC study provides a brief overview of the worldwide storage software and basic storage (infrastructure as a service [IaaS]) market performance during the fourth calendar quarter of 2018 (4Q18) and full year 2018.

"The storage software market finished the year strong, growing 4.5% year to year in the fourth quarter of 2018. This quarter caps off an impressive year of growth for the market, which expanded 6% annually in 2018, after a difficult 2017," said Andrew Smith, research manager, Infrastructure Systems, Platforms, and Technologies Group, IDC. "The relatively high growth of storage software in 2018 was driven by three key trends. First, the enterprise storage systems market also grew in 4Q18, dragging system-related software sales. Second, the continued expansion of public cloud IaaS creates opportunity for cloud-based secondary storage solutions for data protection, archive, and data management. Finally, the storage software market benefits from the relentless growth in storage data volume and complexity, which creates opportunity for software solutions to expand their functionality and generate additional value."


Coverage

Content


Get More

When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.



Related Links

Do you have questions about this document
or available subscriptions?

Contact Us