Backup appliances offering companies such as StoneFly will feel delighted on reading this news. According to the latest data from research firm IDC (International data Corporation) the Purpose built backup appliance (PBBA) market posted a 6.2% year-over-year growth on sales of $762.2 during the first quarter of 2016.
As per the available IDC data, non-mainframe open PBBA revenue was up 8.3 percent year over year for a total of $703.2 percent and in the meantime, sales of mainframe data backup appliance dipped by 13.9 percent.
IDC research manager and storage analyst Liz Conner predicted that the year ahead will register more sales growth as emphasis will be on meeting recovery objectives, ease of use, and the ability to tier to the cloud.
And as data volumes grow in the enterprise, so do the capacity requirements to back them up. In Q1, backup appliance makers shipped a total of 886 Petabytes of backup storage space, a 36.7 percent year-over-year increase. IDC estimates that a total of 2000 Petabytes of backup storage capacity will be consumed in 2016.
So, all you backup appliance vendors out there keep smiling!