Enterprise Search Market was US$ 4.71 Bn in 2022 and is expected to grow at CAGR 11.4% in forecast period. The rising need to proficiently supervise large volumes of data in an organization to develop the operational efficiency boost the market growth and expected to reach US$ 10.03 Bn by 2029.COVID-19 impact on global Enterprise Search market:
Through the emergence of various industrialized and quickly developing countries, the burgeoning COVID strain has wreaked havoc on healthcare infrastructure. Hospital staff, drugs, oxygen beds, and fans are all in short supply. Graveyards and crematoria were continuously working to prevent the accumulation of dead bodies. Supply chains are prone to instabilities, which wreak havoc on manufacturing processes in many countries. The World Health Organization's (WHO) International Health Regulations Emergency Committee declared the Coronavirus disease (COVID-19) Outbreak a worldwide public health emergency on January 30, 2021.To know about the Research Methodology :- Request Free Sample Report
Enterprise Search Market Overview:
In a continuously varying business environment, important thing is accessing structured and unstructured data files from multiple databases, particularly from company’s emails and intranets. Distinguished databases used are numerous content management systems, application database, email servers and company’s website. The enterprise search is about preparing contents from various sources of information stored on multiple databases searchable to employees within the company or even the stakeholders outside the company. The enterprise search solution is primarily used for integrating structured content with unstructured data helping interested end users and empowering them to search the required data easily. Enterprise search solutions are available on cloud, on premise, or on a hybrid infrastructure. One of the key factors booming adoption of products in the enterprise search market is making proprietary records and data easily accessible to the related people within or outside the company. The framework is aimed at breaking organizational storage limitation and makes amalgamation of information possible for organizations and other entities through the value chain. The multiplying sources of data and documents in organizations across the globe are a key contributor to the growing demand in the enterprise search market. The banking, financial services and insurance (BFSI) industry is always been a most noticeable end user in the enterprise search market. Other broad application areas are public & Private enterprises, commercial, retail, healthcare and several other sectors.Enterprise Search Market Dynamics:
An increasing demand for solutions offering time-saving data search capabilities is estimated to be a major factor driving the market growth over the forecast years. The rising need to proficiently supervise large volumes of data in an organization in order to develop the operational efficiency is boosting the adoption of enterprise search solutions worldwide. These solutions facilitate an enhanced security layer, offering access to information only for the authorized employees. The major opportunity for the market growth is an increasing attraction of several value-added services, along with the search capabilities. The same is promising the adoption of enterprise search solutions in the organization with positive changes in operational practices. Moreover, technological advancements in the developed & developing countries around globe offer lucrative opportunities for the growth of the market. The development of cloud computing and Software as a Service (SaaS) are propelling the adoption of hosted enterprise search solutions in the small as well as medium enterprises. Other added benefits offered by these solutions, comprising low maintenance and reduced installation cost, along with minimum technical support, are positively driving the market growth. This trend is anticipated to continue in the forecasted period creating huge opportunity. However, the availability of the open source free enterprise search solution may emerge as a challenge to players operating in the market.Enterprise Search Market Competitive Analysis:
Google, Inc., IBM corporation HP Autonomy and SharePoint Search (Acquired by Microsoft) are the leading players contributing the largest share in the market. Though, a moment ago the commercialization of standalone products, namely ‘Fast’ and ‘Transfer’ by Microsoft Corporation has stopped. In the current scenario, the huge numbers of enterprises around the globe are using these enterprise search platforms ‘Fast’ and ‘Transfer’. One of the new entrants which anticipate in helping business by providing enterprise search solution is a U.S.-based startup namely Algolia. It recently caught category Leader rankingIn two G2 Grid Reports for Enterprise Search it caught the leading position, which has geared its efforts to strengthen its position. It is noticeable that, rankings on G2 reports are highly valued. Whereas, leading players always focusing on strategic collaborations, in order to provide mass market solutions while serving the niche markets, remain a strategic initiative. End-use industries in the enterprise search market are attracted to the proposition of the potential of enterprise search for supporting key aspects of the customer journey. This has created the lucrative opportunity in the market forming healthy competition for the players in the forecasted period.Enterprise Search Market Segment Analysis:
Banking and financial services are considered highest dominated segment in 2022, as it accounted for over 34% of the enterprise search market. Data sharing and inter connectivity are likely to be the key factors boosting the growth across this segment with CAGR of xx%. The large enterprises end-use segment is expected to dominate the market with share of US$ xxBn by 2029 and grow with CAGR xx% over the forecasted years. This can be attributed to the increasing need to search for accurate data across a vast database extracted from numerous sources. The pay-per-use model offered by the cloud (SaaS) enterprise search solutions providers is estimated to have a large acceptance across the small and medium enterprises at a rate higher rate during the forecast period. Similarly, all the segments and their sub segments with their current market share, expected growth percentage, factors boosting & hampering the growth and region wise anticipated market share during the each year in forecast period along with their graphical representation are illustrated in the report.Enterprise Search Market Regional Analysis:
In terms of market revenue the North America developed as a market leader and accounted for over 35% of the global enterprise search market in 2022. This trend is expected to continue in the forecast period due to continuous technological advancements along with the presence of the key market players have contributed to the regional market growth. Rapid adoption of advance technology in the developing countries of Asia Pacific like, China & India offer the prominent opportunity for the regional market. Owing to which, Asia Pacific is likely to grow with CAGR xx% and reach US$ xx Bn by the end of the 2029. The report provides the detail analysis of different regions around the globe like, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The current & forecasted market share with the CAGR and contribution of several players from each region is studied in detail and presented in the final report.Enterprise Search Market Objective of the Report:
The objective of the report is to present a comprehensive analysis of the Global Enterprise Search Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Enterprise Search Market dynamics, structure by analyzing the market segments and projects the Global Enterprise Search Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Enterprise Search Market make the report investor’s guide.Scope of the Global Enterprise Search Market Report : Inquire before buying
Global Enterprise Search Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2017 to 2022 Market Size in 2022: US $ 4.71 Bn. Forecast Period 2023 to 2029 CAGR: 11.4% Market Size in 2029: US $ 10.03 Bn. Segments Covered: by Size Small Enterprises Medium Enterprises Large Enterprises by End Use Retail Government & Commercial Offices Banking & Financial Services Manufacturing Healthcare Consumer Enterprise Search Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe) Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina, Columbia and Rest of South America)Enterprise Search Market, Key Players are
1.Microsoft Corporations 2. IBM 3. Oracle 4. Coveo Solutions 5. SAP 6. EMC Corporation 7. HP Autonomy 8. Google Inc. 9. SharePoint Search (Acquired by Microsoft) 10. Attivio, Inc. 11. Dassault Systemes SE 12. Dieselpoint, Inc. 13. Expert Systems Inc 14. Lucidworks 15. MarkLogic Corporation 16. OpenText Corp. 17. Sinequa 18. X1 Technologies Frequently Asked Questions: 1. Which region has the largest share in Global Enterprise Search Market? Ans: North America region holds 35% of market shares in 2022. 2. What is the growth rate of Global Enterprise Search Market? Ans: The Global Enterprise Search Market is growing at a CAGR of 11.4 % during forecasting period 2023-2029. 3. What segments are covered in Global Enterprise Search market? Ans: Global Enterprise Search Market is segmented into size, end use and region. 4. Who are the key players in Global Enterprise Search market? Ans: The important key players in the Global Enterprise Search Market are – Microsoft Corporations, IBM, Oracle, Coveo Solutions, SAP, EMC Corporation, HP Autonomy, Google Inc., SharePoint Search, Attivio, Inc., Dassault Systemes SE, Dieselpoint, Inc., Expert Systems Inc, Lucidworks, MarkLogic Corporation, OpenText Corp., Sinequa, X1 Technologies 5. What is the study period of this market? Ans: The Global Enterprise Search Market is studied from 2022 to 2029.
1. Enterprise Search Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Enterprise Search Market: Dynamics 2.1. Enterprise Search Market Trends by Region 2.1.1. North America Enterprise Search Market Trends 2.1.2. Europe Enterprise Search Market Trends 2.1.3. Asia Pacific Enterprise Search Market Trends 2.1.4. Middle East and Africa Enterprise Search Market Trends 2.1.5. South America Enterprise Search Market Trends 2.2. Enterprise Search Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Enterprise Search Market Drivers 2.2.1.2. North America Enterprise Search Market Restraints 2.2.1.3. North America Enterprise Search Market Opportunities 2.2.1.4. North America Enterprise Search Market Challenges 2.2.2. Europe 2.2.2.1. Europe Enterprise Search Market Drivers 2.2.2.2. Europe Enterprise Search Market Restraints 2.2.2.3. Europe Enterprise Search Market Opportunities 2.2.2.4. Europe Enterprise Search Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Enterprise Search Market Drivers 2.2.3.2. Asia Pacific Enterprise Search Market Restraints 2.2.3.3. Asia Pacific Enterprise Search Market Opportunities 2.2.3.4. Asia Pacific Enterprise Search Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Enterprise Search Market Drivers 2.2.4.2. Middle East and Africa Enterprise Search Market Restraints 2.2.4.3. Middle East and Africa Enterprise Search Market Opportunities 2.2.4.4. Middle East and Africa Enterprise Search Market Challenges 2.2.5. South America 2.2.5.1. South America Enterprise Search Market Drivers 2.2.5.2. South America Enterprise Search Market Restraints 2.2.5.3. South America Enterprise Search Market Opportunities 2.2.5.4. South America Enterprise Search Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technologies used in Enterprise Search 2.6. Deployment Models 2.7. Regulatory Landscape by Region 2.7.1. North America 2.7.2. Europe 2.7.3. Asia Pacific 2.7.4. Middle East and Africa 2.7.5. South America 2.8. Key Opinion Leader Analysis For Enterprise Search Industry 2.9. Analysis of Government Schemes and Initiatives For Enterprise Search Industry 2.10. Enterprise Search Market Trade Analysis 2.11. The Global Pandemic Impact on Enterprise Search Market 3. Enterprise Search Market: Global Market Size and Forecast by (by Value in USD Million) (2022-2029) 3.1. Enterprise Search Market Size and Forecast, by Size (2022-2029) 3.1.1. Small Enterprises 3.1.2. Medium Enterprises 3.1.3. Large Enterprises 3.2. Enterprise Search Market Size and Forecast, by End Use (2022-2029) 3.2.1. Retail 3.2.2. Government & Commercial Offices 3.2.3. Banking & Financial Services 3.2.4. Manufacturing 3.2.5. Healthcare 3.2.6. Consumer 3.3. Enterprise Search Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Enterprise Search Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Enterprise Search Market Size and Forecast, by Size (2022-2029) 4.1.1. Small Enterprises 4.1.2. Medium Enterprises 4.1.3. Large Enterprises 4.2. North America Enterprise Search Market Size and Forecast, by End Use (2022-2029) 4.2.1. Retail 4.2.2. Government & Commercial Offices 4.2.3. Banking & Financial Services 4.2.4. Manufacturing 4.2.5. Healthcare 4.2.6. Consumer 4.3. North America Enterprise Search Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Enterprise Search Market Size and Forecast, by Size (2022-2029) 4.3.1.1.1. Small Enterprises 4.3.1.1.2. Medium Enterprises 4.3.1.1.3. Large Enterprises 4.3.1.2. United States Enterprise Search Market Size and Forecast, by End Use (2022-2029) 4.3.1.2.1. Retail 4.3.1.2.2. Government & Commercial Offices 4.3.1.2.3. Banking & Financial Services 4.3.1.2.4. Manufacturing 4.3.1.2.5. Healthcare 4.3.1.2.6. Consumer 4.7.2. Canada 4.3.2.1. Canada Enterprise Search Market Size and Forecast, by Size (2022-2029) 4.3.2.1.1. Small Enterprises 4.3.2.1.2. Medium Enterprises 4.3.2.1.3. Large Enterprises 4.3.2.2. Canada Enterprise Search Market Size and Forecast, by End Use (2022-2029) 4.3.2.2.1. Retail 4.3.2.2.2. Government & Commercial Offices 4.3.2.2.3. Banking & Financial Services 4.3.2.2.4. Manufacturing 4.3.2.2.5. Healthcare 4.3.2.2.6. Consumer 4.7.3. Mexico 4.3.3.1. Mexico Enterprise Search Market Size and Forecast, by Size (2022-2029) 4.3.3.1.1. Small Enterprises 4.3.3.1.2. Medium Enterprises 4.3.3.1.3. Large Enterprises 4.3.3.2. Mexico Enterprise Search Market Size and Forecast, by End Use (2022-2029) 4.3.3.2.1. Retail 4.3.3.2.2. Government & Commercial Offices 4.3.3.2.3. Banking & Financial Services 4.3.3.2.4. Manufacturing 4.3.3.2.5. Healthcare 4.3.3.2.6. Consumer 5. Europe Enterprise Search Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029) 5.1. Europe Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.2. Europe Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3. Europe Enterprise Search Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.1.2. United Kingdom Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.2. France 5.3.2.1. France Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.2.2. France Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.3.2. Germany Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.4.2. Italy Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.5.2. Spain Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.6.2. Sweden Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.7.2. Austria Enterprise Search Market Size and Forecast, by End Use (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Enterprise Search Market Size and Forecast, by Size (2022-2029) 5.3.8.2. Rest of Europe Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6. Asia Pacific Enterprise Search Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029) 6.1. Asia Pacific Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.2. Asia Pacific Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3. Asia Pacific Enterprise Search Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.1.2. China Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.2.2. S Korea Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.3.2. Japan Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.4. India 6.3.4.1. India Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.4.2. India Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.5.2. Australia Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.6.2. Indonesia Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.7.2. Malaysia Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.8.2. Vietnam Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.9.2. Taiwan Enterprise Search Market Size and Forecast, by End Use (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Enterprise Search Market Size and Forecast, by Size (2022-2029) 6.3.10.2. Rest of Asia Pacific Enterprise Search Market Size and Forecast, by End Use (2022-2029) 7. Middle East and Africa Enterprise Search Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029) 7.1. Middle East and Africa Enterprise Search Market Size and Forecast, by Size (2022-2029) 7.2. Middle East and Africa Enterprise Search Market Size and Forecast, by End Use (2022-2029) 7.3. Middle East and Africa Enterprise Search Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Enterprise Search Market Size and Forecast, by Size (2022-2029) 7.3.1.2. South Africa Enterprise Search Market Size and Forecast, by End Use (2022-2029) 7.7.2. GCC 7.3.2.1. GCC Enterprise Search Market Size and Forecast, by Size (2022-2029) 7.3.2.2. GCC Enterprise Search Market Size and Forecast, by End Use (2022-2029) 7.7.3. Nigeria 7.3.3.1. Nigeria Enterprise Search Market Size and Forecast, by Size (2022-2029) 7.3.3.2. Nigeria Enterprise Search Market Size and Forecast, by End Use (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Enterprise Search Market Size and Forecast, by Size (2022-2029) 7.3.4.2. Rest of ME&A Enterprise Search Market Size and Forecast, by End Use (2022-2029) 8. South America Enterprise Search Market Size and Forecast by Segmentation (by Value in USD Million) (2022-2029) 8.1. South America Enterprise Search Market Size and Forecast, by Size (2022-2029) 8.2. South America Enterprise Search Market Size and Forecast, by End Use (2022-2029) 8.3. South America Enterprise Search Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Enterprise Search Market Size and Forecast, by Size (2022-2029) 8.3.1.2. Brazil Enterprise Search Market Size and Forecast, by End Use (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Enterprise Search Market Size and Forecast, by Size (2022-2029) 8.3.2.2. Argentina Enterprise Search Market Size and Forecast, by End Use (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Enterprise Search Market Size and Forecast, by Size (2022-2029) 8.3.3.2. Rest Of South America Enterprise Search Market Size and Forecast, by End Use (2022-2029) 9. Global Enterprise Search Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Enterprise Search Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Microsoft Corporations 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Recent Developments 10.2. IBM 10.3. Oracle 10.4. Coveo Solutions 10.5. SAP 10.6. EMC Corporation 10.7. HP Autonomy 10.8. Google Inc. 10.9. SharePoint Search (Acquired by Microsoft) 10.10. Attivio, Inc. 10.11. Dassault Systemes SE 10.12. Dieselpoint, Inc. 10.13. Expert Systems Inc 10.14. Lucidworks 10.15. MarkLogic Corporation 10.16. OpenText Corp. 10.17. Sinequa 10.18. X1 Technologies 11. Key Findings 12. Industry Recommendations 13. Enterprise Search Market: Research Methodology 14. Terms and Glossary