EMC Extends Lead in Purpose-Built Backup Appliance Market to 4x Share of Nearest Competitor
Analyst Firm says EMC leads with 65.5% Share of Rapidly Growing Market
HOPKINTON, Mass., June 20, 2012 /PRNewswire/ --
- New report from IDC shows EMC leading the worldwide Purpose-Built Backup Appliance (PBBA) market with a 65.5% market share in 2011, now over 4x the share of its nearest competitor
- EMC products in the PBBA category include EMC Avamar®, EMC Data Domain® and EMC Disk Library for mainframe
- According to IDC, the worldwide PBBA market grew to $2.4 billion, an increase of 43.4% over the prior year
- IDC expects total worldwide PBBA revenue will grow robustly through 2016 with a compound annual growth rate (CAGR) of 19.4%, totaling nearly $5.9 billion by the close of 2016
EMC Corporation (NYSE: EMC) today announced that a new report from IDC shows that EMC® continues to lead the Purpose-Built Backup Appliance (PBBA) market with a 65.5% share, which is now over 4x the share of its nearest competitor. According to IDC, worldwide PBBA revenue experienced exceptional growth in 2011, posting an increase of 43.4% over the prior year. EMC products in the PBBA category include EMC Avamar®, EMC Data Domain® and EMC Disk Library for Mainframe.
The new report, Worldwide Purpose-Built Backup Appliance 2012–2016 Forecast and 2011 Vendor Shares, also notes that IDC expects total worldwide PBBA revenue will grow robustly with a compound annual growth rate (CAGR) of 19.4%, totaling nearly $5.9 billion by the close of 2016.
Industry Analyst Quote:
Robert Amatruda, Research Director, Data Protection and Recovery, IDC
"Customers are increasingly deploying Purpose Built Backup Appliance (PBBA) solutions to control their spiraling data protection capital and operational expenditures as well as help them simplify their backup environment. The leading data protection vendors have recognized the importance of tighter integration of PBBA solutions with backup application software enabling more efficient management and control of complex user backup requirements."
EMC Executive Quote:
William "BJ" Jenkins, President, EMC Backup Recovery Systems Division
"The combination of backup software and appliances offers a powerful set of capabilities that, as this report reflects, are resonating strongly with users globally. Software-only approaches simply can't offer the performance, scalability and flexibility that users require, and they are quickly realizing that they must evaluate backup software and appliance decisions holistically--as an end-to-end solution--to truly transform their backup and recovery. EMC is differentiating itself within the industry by deeply integrating its backup appliances with its own backup software, as well as with a significantly broader set of enterprise applications and third party backup software than any other vendor."
- Download the latest IDC PBBA Market Report
- Visit the EMC Backup and Recovery Products website
- View The Backup Window blog
EMC Corporation is a global leader in enabling businesses and service providers to transform their operations and deliver IT as a service. Fundamental to this transformation is cloud computing. Through innovative products and services, EMC accelerates the journey to cloud computing, helping IT departments to store, manage, protect and analyze their most valuable asset — information — in a more agile, trusted and cost-efficient way. Additional information about EMC can be found at www.EMC.com.
EMC, Avamar and Data Domain are registered trademarks or trademarks of EMC Corporation in the United States and other countries. All other trademarks herein are the property of their respective holders.
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