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 Search Appliances 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 the Search Appliances. 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 required information without any hassles. Additionally, it offers a security layer by allowing only authorized personnel to access information.
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.
Leading Enterprise Search Market Players:
IBM Corp, SAP AG, Dassault Systemes, Oracle, Microsoft, Google, Coveo Corp, Marklogic Inc, Concept Searching Limited, Lucid Work, Perceptive Software Inc, X1 Technologies, HP Autonomy, Attivio Inc, Expert System Inc
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The growing need to efficiently supervise large volumes of data in an organization in order to improve the operational efficiency is propelling the adoption of enterprise search solutions. These solutions offer an enhanced security layer, allowing access to information only for the authorized personnel. This is also promoting the market growth over the forecast period. The increasing demand for several value-added services, along with the search capabilities, is encouraging the adoption of enterprise search solutions in the organization with large changes in operational practices.
Technological advancements and the emergence of cloud computing and Software as a Service (SaaS) are driving the adoption of hosted enterprise search solutions in the small and medium enterprises. Added benefits offered by these solutions, including low maintenance and reduced installation cost, along with minimum technical support, are positively impacting the market growth. The trend is likely to continue in the near future as well. However, the availability of the open source free enterprise search solution may pose a challenge to companies operating in the market.
Segmentation by product type:
Segmentation by application:
Banking & Financial Services
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Enterprise Search Market Size
2.2 Enterprise Search Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Enterprise Search Market Size by Manufacturers
3.2 Enterprise Search Key Players Head office and Area Served
3.3 Key Players Enterprise Search Product/Solution/Service
3.4 Date of Enter into Enterprise Search Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Enterprise Search Sales by Product
4.2 Global Enterprise Search Revenue by Product
4.3 Enterprise Search Price by Product
5 Breakdown Data by End User
5.2 Global Enterprise Search Breakdown Data by End User
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This post was originally published on Trading Herald