IMARC Group’s latest research report, titled “Enterprise Search Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global enterprise search market share reached a value of US$ 4.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.78 Billion by 2027, exhibiting a CAGR of 11.20% during 2022-2027. Enterprise Search Software is a web-based search engine that compiles contents from multiple information sources stored on databases accessible to employees inside the company and their external stakeholders. By integrating structured content with unstructured data, this software makes it easy for end-users to search through the collection for specific information. In addition, it offers enhanced security, so access to information can only be granted to authorized users. The application can access all types of data across the network and can operate on-premises or with a hybrid infrastructure.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by enterprise size and end user.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Enterprise Search Market
- Strategies of major players and product offerings
The market is primarily driven by the growing need to efficiently structure, supervise and locate specific data of an organization. This can be attributed to the rapidly increasing volumes of data generated in organizations across the globe. Also, the growing trend of software as a service (SaaS) solution in the small and medium enterprises (SMEs) are leading to a higher product uptake. Some of the other factors providing an impetus to the market growth include the increasing trend of cloud computing, rising demand for time-saving data search solutions and value-added services, and integration of machine learning algorithms in business operations.
Key Players Included in Global Enterprise Search Market Research Report:
- Attivio (ServiceNow)
- Coveo Solutions Inc.
- Dassault Systèmes
- Google LLC
- International Business Machines Corporation
- MarkLogic Corporation
- Oracle Corporation
- SAP SE
- Sinequa and X1 Technologies Inc.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Breakup by Enterprise Size:
- Small Enterprises
- Medium Enterprises
- Large Enterprises
Breakup by End User:
- Banking and Financial Services
- Government and Commercial Offices
- Media and Entertainment
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
TOC for the Enterprise Search Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Enterprise Search Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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