Business Services Industry
Slumping Software Sales.(Brief Article)
Target Marketing, July, 2001
The slumping U.S. economy is having an affect on worldwide database management systems (DBMS) software sales, according to the Gartner Dataquest Research Brief, "Database Management Systems Software Market Maintains Double-Digit Growth in 2000." The research group reports worldwide new license revenue in the DBMS market reached $8.8 billion in 2000, a 10-percent increase over 1999 revenue.
In 1999, worldwide DBMS software revenue grew 18 percent. "These numbers clearly show how the economic downturn has started taking its toll on the DBMS software market," says Colleen Graham, industry analyst for Gartner Dataquest's Information Management Software group. "In 1999, over 51 percent of the vendors had growth in the double-digits. In 2000, only 35 percent of...
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