Worldwide Storage Software Market Shares, 4Q16: Public Cloud Continues to Gain Momentum
This IDC study provides a brief overview of the worldwide storage software market performance during the fourth calendar quarter of 2016 (4Q16) and full-year 2016."4Q16 capped off a challenging year for many storage software stalwarts," said Andrew Smith, senior research analyst, Storage Software. "While some providers had a strong fourth quarter, license revenue declined more than 2% annually during 2016 as customers continued to embrace public cloud–based storage solutions. Expect providers to continue shifting product development and portfolio investments to meet growing demand for SaaS solutions."
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