The downturn in the U.S. economy from mid 2000 continued to extend sales cycles resulting in slower growth in the worldwide database management systems (DBMS) software market in 2000. Worldwide new license revenue in the DBMS market reached $8.8 billion in 2000, a 10 percent increase over 1999 revenue, according to Dataquest Inc. 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," said 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 vendors are able to make that claim."
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