According to an IDC report, the global market for online content management grew 8.7% to $5.8 billion in 2013. The market was dominated by IBM, which accounted for 16% of the market’s share. OpenText came in second with 9% market share followed by Microsoft’s 7% share. IDC believes that while the industry is dominated by the top 3 vendors who account for more than a third of the total market, other smaller vendors have also been able to deliver very strong growth.
According to Gartner and Forester, the Enterprise Backup and Recovery market is estimated to be worth $5 billion and growing at 10% annually. The researchers estimate that the bigger space of Data Management, which includes activities like data analysis, archival, de-duplication, and reduction to be worth $15 billion annually. BAAR, Switzerland-based Veeam is making big strides within this market segment.
According to an IDC report on Big Data storage, the market is estimated to grow from $3.2 billion in 2010 to $17 billion in 2015. Others peg the enterprise storage market alone at a $20 billion market opportunity.
According to a MarketsandMarkets report published earlier this year, the global cloud data storage market is projected to grow 33% annually over the period 2014 through 2019 to be worth $56.57 billion. The researcher estimates the market to be worth $13.57 billion this year. The growth in the market is attributed to the continuing production of both unstructured and structured Big Data along with the need to allow for collaborative and remote working within an organization.
According to researcher ITSMU, the IT Service Management (ITSM) market was dominated by BMC last year which accounted for 40% of the market’s revenue share. HP came a distant second with 17% share and was followed by ServiceNow, which accounted for 12% of the market. TechNavio estimates that the global ITSM market will grow 7% annually over the period 2012 through 2016. Cloud-based ITSM vendor ServiceNow (NYSE: NOW) is growing their revenues at a much faster rate.
According to a report from MarketandMarkets, the cloud analytics market is projected to grow 26% annually over the five year period from 2013 through 2018. The researcher expects the market to be worth $16.52 billion by 2018 from $5.25 billion in 2013. >>>
According to an IDC report released earlier this year, the worldwide public cloud services market is projected to grow 23% annually over the period until the year 2018. The market was estimated to be worth $45.7 billion in 2013. Within the market, the SaaS segment accounts for 72% of the total public cloud services market. It is projected to grow 20% annually over the period 2013 through 2018 driven by growth in enterprise applications cloud solutions such as enterprise resource management (ERM), customer relationship management (CRM), and collaborative applications.
According to Wikibon’s Big Data Vendor Revenue and Market Forecast released earlier this year, the worldwide market for Big Data-related hardware, software, and services grew 58% over the year to $18.6 billion in 2013. The report estimates the market to grow to $28.5 billion in 2014 and to $50.1 billion by the year 2017.