Worldwide Storage Software and Public Cloud Market Shares, 2Q18: Overall Market Growth Slows

Worldwide Storage Software and Public Cloud Market Shares, 2Q18: Overall Market Growth Slows

This IDC study provides a brief overview of the worldwide storage software and basic storage (infrastructure as a service [IaaS]) market performance during the second calendar quarter of 2018 (2Q18)."Strong performance of the storage systems market continued to drag positive storage software new license sales in 2Q18," says Andrew Smith, senior research analyst, Storage Software. "Meanwhile, public cloud storage software solutions continue to expand. The expansion of these revenue types helped the storage software market grow 1% year over year in 2Q18 — offsetting the consistent decline of storage software maintenance revenue."

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