Worldwide Application Development Software Market Declined 2 Percent in 2009

Worldwide Application Development Software Market Declined 2 Percent in 2009

Market research firm Gartner says that application development (AD) software revenues decreased slight last year, falling 2 percent to $7.25 billion.

“One of the main reasons for the decline in revenue in the AD market in 2009 was the de facto spending freeze on new projects in the early part of the year, which caused organizations to cut spending on new tools to support any new projects,” said Laurie Wurster, research director at Gartner. “AD tool spending tends to be cyclical in nature with strong years of spending, as we saw in 2007, followed by a year or two of low or reduced investment.”

IBM remained the market leader in 2009 with 27.7 percent of the market. Microsoft (14.7 percent), CA (11.0 percent), HP (10.5 percent), and Compuware (5.9 percent) rounded out the top five.

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