Grazed from ITWire. Author: Peter Dinham.
IT services vendor and solutions provider, EMC, has taken a solid grip on the worldwide Purpose Built Backup Appliance (PBBA) market, according to a new report just released, which shows the company captured 62 percent share of the market in the first half of last year, more than three times the share of its nearest competitor. And, more Australian companies have been quicker to embrace PBBA solutions than their counterparts in other Asia-Pacific countries.
In its report on the PBBA market, industry analyst firm, IDC, says the market for the whole year in 2011 is now forecast to have increased to over 65 per cent compared to 2010.
According to IDC, during the first half of 2011, EMC commanded a 62 per cent share of the total worldwide PBBA market with its EMC Avamar, Data Domain and Disk Library for mainframe products, with the nearest competitor holding a 20.7 per cent share and all others below four per cent share. In its latest market forecast, IDC says it expects the total PBBA market to grow robustly with a 2010-2015 compound annual growth rate (CAGR) of 25.6 per cent, totalling nearly US$5.3 billion by the close of 2015…