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Worldwide Storage and Device Management Software Forecast, 2018–2022

Worldwide Storage and Device Management Software Forecast, 2018–2022

This IDC study examines the worldwide storage and device management software market for the 2018–2022 period. IDC expects the storage and device management software market to remain relatively flat over the forecast period, growing at a compound annual growth rate (CAGR) of 0.4% for the 2017-2022 period. "Buyer expectations in the storage and device management software market are changing," said Andrew Smith, senior research analyst, Infrastructure Platforms and Technologies. "Users increasingly expect advanced storage management and analytics functionality to be bundled as part of a storage systems purchase or a cloud service at little to no additional cost. This dynamic results in market headwinds throughout the forecast period, which only disguise the growing importance of advanced storage management solutions and the role they play in enabling IT infrastructure modernization. Storage providers must remain vigilant of this trend, while continuing to invest in their storage management solutions despite flat market growth."

Please Note: Extended description available upon request.


IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Digital Transformation Initiatives
Storage Analytics Required to Handle the "Data Deluge"
Inhibitors
Advanced Management Capabilities Rarely Command Additional Cost
Growth of Cloud-Native Storage Applications
Commoditization of All-Flash Arrays
Significant Market Developments
Changes from Prior Forecast
Market Definition
Storage and Device Management Software
SRM and Heterogeneous SAN Management Software
SRM and Homogeneous SAN Management Software
Storage Device Management Software
Other Storage Management Software
Methodology
Forecast Market Values and Exchange Rates
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