Enterprise Search Market SWOT Analysis and Competitive Insights till 2024

Posted on 2022-05-17 by researchinsights in Technology // 0 Comments

San Francisco, California , USA, May 17, 2022 — /EPR Network/ —

Enterprise Search Industry Overview

The global enterprise search market is expected to reach USD 8.90 billion by 2024, according to a new study by Grand View Research, Inc.

The increasing demand for time-saving data search solutions is expected to be the key growth factor for the enterprise search market. The increasing data volumes sourced from different gateways in the large enterprises has created a need for managing it. Enterprise search solutions help in organizing and managing this data, due to which these solutions have found a large adoption in large enterprises. Enterprise search solutions enable the availability of required data or information to the user from a pool of databases, emails, intranet, data management systems, and so on. It saves the operation time and money for the enterprise by efficiently managing information and searching for the required information without any hassles. Additionally, it offers a security layer by allowing only authorized personnel to access information.

Gather more insights about the market drivers, restrains and growth of the Global Enterprise Search Market

The demand for relevant information and the emergence of technologies such as Software as a Service (SAAS) and cloud computing are further expected to favor the enterprise search market growth over the forecast period. The low maintenance and installation costs along with the elimination of technical support staff associated with these technologies are expected to fuel the enterprise search market growth. Data ambiguity and high implementation cost may act as a restraint to the market.

Browse through Grand View Research’s IT Services & Applications Industry Research Reports.

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Enterprise Search Market Segmentation

Grand View Research has segmented the global enterprise search market on the basis of end-use, enterprise size, and region:

Enterprise Search End-Use Outlook (Revenue, USD Million, 2013 – 2024)
- Government & Commercial Offices
- Banking & Financial Services
- Healthcare
- Retail
- Others
Enterprise Search Enterprise Size Outlook (Revenue, USD Million, 2013 – 2024)
- Small Enterprises
- Medium Enterprises
- Large Enterprises
Enterprise Search Regional Outlook (Revenue, USD Million, 2013 – 2024)
- North America
- Europe
- Asia Pacific
- Latin America
- MEA

Key Companies profiled:

Some prominent players in the Enterprise Search market include

IBM
Coveo
Polyspot & Sinequa Inc.
HP Autonomy
Lucidworks
Dassault Systemes Inc.
Perceptive Software Inc.
Esker Software Corp.
Expert System Inc.

Order a free sample PDF of the Enterprise Search Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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