Global PBBA market sees solid start for 2016
FYI, this story is more than a year old
The purpose-built backup appliance market has picked it up where it left off, recording solid growth for the first quarter of 2016, with EMC, HPE and and IBM leading the vendor pack.
According to new figures from IDC’s Worldwide Quarterly Purpose-Built Backup Appliance Tracker, worldwide PBBA revenues grew 6.2% year over year totaling $762.2 million for 1Q16.
The tracker reports total PBBA open systems factory revenue increased 8.3% year over year in 1Q16 with revenues totaling $703.2 million, while the mainframe market experienced a decline of 13.9% for the same period.
Total worldwide PBBA capacity shipped in 1Q16 reached 886 petabytes, an increase of 39.7% from a year ago, the tracker shows.
"The PBBA market picked up in 2016 where it left off in 2015, posting solid year-over-year growth in the first quarter," says Liz Conner, research manager, storage systems.
"PBBA software revenue saw double-digit growth year over year while the value from storage hardware remained flat,” she says.
“The greater emphasis on meeting recovery objectives, ease of use, and the ability to tier to the cloud is helping to drive the focus on software as well as the overall evolution of PBBA systems,” explains Conner.
Total Worldwide PBBA 1Q16 Results
EMC maintained its lead in the overall PBBA market with 56.0% revenue share during the quarter, followed by Veritas with 18.2% share.
HPE and IBM tied for the third position in 1Q16 with 4.5% and 3.9% market share, respectively. Dell maintained the number 5 PBBA vendor position with a 3.2% share of the worldwide market.