Relatively small companies such as Barracuda and HP have managed to make a revenue growth in purpose-built backup appliance factory revenues, which declined 2.5 percent in the first quarter of 2014.
According to IDC Worldwide Quarterly Purpose-Built Backup Appliance Tracker, the revenue growth has declined to $664 million in the first quarter.
Market leaders such as EMC, IBM and Symantec have generated revenue less than what they have achieved in the first quarter of 2013.
On the other hand, Barracuda achieved revenue of $15.3 million in the Q1 2014 against $11.8 in Q1 2013, whereas HP has slightly improved its position by making $28.9 million in Q1 2014 against 28.7 in Q1 2013.
While EMC, Symantec and IBM held the first three positions by making $398.3 million, $91.9 million, $38.6 million respectively, there was a considerable dip in the leading companies’ revenue.
Though EMC has generated -0.3 percent growth, its market share has been increased from 58.6 percent in Q1 2013 to 59.9 percent in Q1 2014. Symantec revenue came down to $91.1 million against its $102.3 million in Q1 2013. IBM suffered a -20 percentage dip in revenue making only $38 million in the first quarter.
In addition to this, the total PBBA open systems market fell -2.6 percent year over year in 1Q14 with revenues totaling $598.9 million while the mainframe market experienced a decline of 1.1 percent for the same period.
Total worldwide PBBA capacity shipped for open systems and mainframe PBBA systems reached 398,280 terabytes, increasing 7.1 percent year over year.
“The worldwide PBBA market is showing maturity coupled with a typically slow first quarter of the calendar year,” said Robert Amatruda, research director, IDC.
IDC expects the PBBA market to resume growth over the months ahead as customers continue to embrace appliance form factors to meet their growing data protection and recovery challenges.