DUBLIN–(BUSINESS WIRE)–The “Enterprise Search Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global enterprise search market reached a value of US$4.46 billion in 2021. Looking ahead, the publisher expects the market to reach a value of US$8.78 billion. by 2027, growing at a CAGR of 11.95% in 2021-2027.
Companies cited
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Attivio (ServiceNow)
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Coveo Solutions Inc.
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Dassault Systems
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Google LLC
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International Commercial Machinery Society
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Lucidworks
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MarkLogic Corporation
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Oracle Corporation
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SAP SE
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sinequa
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X1 Technologies Inc.
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic on the various end-use industries. This information is included in the report as a major market contributor.
Enterprise Search is a software solution where authorized users can retrieve content from multiple disparate sources. It includes content gathering, content processing, indexing, query processing, and matching. It helps organizations increase their productivity while creating an improved environment for better decision making.
It also helps in creating a quick reference database after collecting frequently asked questions (FAQs) and answers for a customer support solution. As a result, business search finds wide application in government, commerce, healthcare, retail, media and entertainment, as well as banking, financial services and services. insurance (BFSI).
Currently, there is an increase in the demand for solutions that provide time-saving data search capabilities in various organizations across the globe. This, along with the growing need to oversee large volumes of data across multiple enterprises to improve operational efficiency, represents one of the key factors driving the market. Additionally, there is an increase in the adoption of hosted enterprise search solutions in small and medium-sized businesses due to the emergence of cloud computing and software as a service (SaaS) globally.
This, coupled with the best layer of security offered by enterprise search solutions to allow access to information only to authorized personnel, is propelling the growth of the market. Additionally, the increasing use of text analytics techniques and artificial intelligence (AI) technologies in businesses around the world offers lucrative growth opportunities for investors in the sector. Also, several advantages offered by enterprise search solutions such as low maintenance, lower installation cost and minimum technical support are positively influencing the market.
Apart from this, the rapid advancements in technology, along with the growing demand for value-added services in various businesses, is bolstering the growth of the market.
Answers to key questions in this report:
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How has the global enterprise search market performed so far and how will it perform in the years to come?
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What has been the impact of COVID-19 on the global enterprise search market?
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What are the main regional markets?
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What is the market breakdown by company size?
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What is the market breakdown by end user?
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What are the different stages of the industry value chain?
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What are the key drivers and challenges in the industry?
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What is the structure of the global enterprise search market and who are the major players?
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How competitive is the industry?
Main topics covered:
1 Preface
2 Scope and methodology
3 Executive summary
4 Presentation
4.1 Overview
4.2 Key Industry Trends
5 Global enterprise search market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Company Size
7 Market Breakdown by End User
8 Market Breakdown by Region
9 SWOT Analysis
10 Value chain analysis
11 Analysis of the five forces of carriers
12 Price Analysis
13 Competitive landscape
13.1 Market structure
13.2 Key Players
13.3 Profiles of Key Players
For more information on this report, visit https://www.researchandmarkets.com/r/kzzocz
