Worldwide Storage Software Market Shares, 2022: The Market Shows Resilience

Worldwide Storage Software Market Shares, 2022: The Market Shows Resilience

This IDC study highlights some of the key findings and high-level trends IDC observed during 2022, with aggregated storage software results by vendor across the four functional markets. A more in-depth analysis of historical results by functional market will be provided in individual market shares documents to be published later this year.Readers of this document should also note that coverage of the data replication and protection software functional market has been moved to IDC's Cloud Data Logistics and Protection (CDL+P) program. Its associated vendor results and general discussion are included in this market share study for completeness, but further commentary and/or inquiry will require a separate subscription to the CDL+P program."In 2022, the storage software market outperformed our expectations, growing 7.0%," said Greg Macatee, senior research analyst, Infrastructure Systems, Platforms, and Technologies Group at IDC. "This was particularly impressive given the backdrop of slowing economic conditions, high inflation, and geopolitical conflict, demonstrating the role (and value) storage software solutions play in the enterprise. We continue to observe organizations investing in storage software solutions to help manage their data efficiently and effectively in pursuit of increased business value as well as serving as a bulwark against data loss."

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