The
global enterprise search market was worth USD 1,777.5 million in 2012
and is expected to reach USD 3,993.7 million by 2019, growing at a
CAGR of 12.2% from 2013 to 2019. North America was the largest region
for enterprise search market in 2012. Growth in this region is
primarily driven by availability of technologies and presence of key
industry player in the region.
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Enterprise Search Market Report with Full TOC at
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The
enterprise search market is driven by various factors including need
to make search more relevant, availability of technologies and need
for relevant information. However, multiplicity of repositories and
problem of ambiguity are some of the factors inhibiting the growth of
this market.
Among
all end-users, banking and financial services segment was the largest
and accounted for 34. 9% of the market share in 2012. It is expected
to maintain leading position throughout the forecast period.
Government and commercial is the second largest end-user segment and
is expected to witness strong growth during the forecast period.
Increased use of intranet and communication within the organization
has been driving the market.
Geographically
North America was the largest segment and accounted for 34.2% in 2012
owing to technological advancement and key industry players. Europe
is expected to be fastest growing geography among all the
geographies.
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Different
end-users of enterprise search market include retail, healthcare,
others (media and entertainment, aerospace and defense,
construction). Most of enterprise search players are competing among
each other by developing cost effective search solution and software
with greater performance to get competitive advantage. The global
enterprise search market in a current situation is dominated by few
global players and regional players as well. The global market
players include Microsoft Corporation, Oracle Corporation, SAP AG,
IBM Corporation, Coveo Solutions Inc., Attivio Inc and others.
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Enterprise
Search Market by End user
Government
and commercial offices
Banking
and financial services
Retail
Healthcare
Others
(aerospace and defense, media and entertainment, construction)
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all Article :
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Enterprise
Search Market by Geography
North
America
Europe
Asia-Pacific
Rest
of the World
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Technology & Media Market Research Reports @
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