Worldwide Enterprise Software Market to Experience Flat Growth in 2009

“We are not expecting much growth this year. Zero growth will be acceptable to us rather than a negative performance.” This is what I hear most of the time from entrepreneurs due to the ongoing economic slowdown.

But to some, they say that the month of March, showed some recovery. The growth was attributed to consumer confidence since the anticipated economic slump was not as bad as expected for the month of January and February of 2009.

Talk about zero growth, research firm Gartner is saying that worldwide enterprise software revenue is forecast to total $222.6 billion in 2009, reflecting a “flat” 0.3 percent growth rate from 2008 revenue of $221.9 billion.