DUBLIN-(BUSINESS WIRE)-The report “Enterprise Search Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” was added to ResearchAndMarkets.com’s alay.
The global business search market will reach US $ 4.46 Billion in 2021. Expected, the publisher expects the market to reach US $ 8.78 Billion by 2027, showing a CAGR of 11.95% in 2021-2027.
Mentioned Companies
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Attivio (Service Now)
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Coveo Solutions Inc.
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Dassault Systemes
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Google LLC
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International Business Machines Corporation
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Lucidworks
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MarkLogic Corporation
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Oracle Corporation
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SAP SE
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Sinequa
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X1 Technologies Inc.
Keeping in mind the uncertainties of COVID-19, we continue to monitor and evaluate the direct and indirect influence of the pandemic on various end use industries. These insights are included in the report as a major market contributor.
Business search is a software solution where authorized users can retrieve content from several different sources. It consists of content collection, content processing, indexing, query processing, and matching. It helps organizations increase productivity while creating an enhanced environment for better decision making.
It also helps in building a quick reference database after collecting frequently asked questions (FAQs) and answers for the customer support solution. As a result, enterprise search finds wide application in the government, commercial, healthcare, retail, media and entertainment, and banking, financial services, and insurance (BFSI) sectors.
Currently, there is a growing demand for solutions that offer time-saving data retrieval capabilities to various organizations around the world. This, along with the growing need for managing large volumes of data in some businesses to improve operational efficiency, represents one of the key factors driving the market. Moreover, there has been an increase in the adoption of hosted enterprise search solutions among small and medium enterprises due to the emergence of cloud computing and Software as a Service (SaaS) worldwide.
This, along with the better layer of security offered by enterprise search solutions for allowing access to information only for authorized personnel, is driving market growth. Additionally, the increasing use of text analytics techniques and artificial intelligence (AI) technologies in businesses around the world offers lucrative growth opportunities to industry investors. Moreover, many benefits offered by business search solutions, such as low maintenance, reduced installation costs, and minimum technical support, are positively influencing the market.
Moreover, the rapid development of technology, along with the rising demand for value-added services in various companies, is boosting market growth.
Key Questions Answered in This Report:
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How is the global business search market performing today and how will it perform in the coming years?
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What has been the impact of COVID-19 on the global business search market?
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What are the major regional markets?
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What is market breakdown based on business size?
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What is market breakup based on end user?
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What are the different stages in the value chain of the industry?
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What are the key driving factors and challenges in the industry?
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What is the structure of the global business search market and who are the major players?
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What is the level of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Procedure
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Enterprise Search Market
5.1 Market Overview
5.2 Market Performance
5.3 Effect of COVID-19
5.4 Market Forecasting
6 Market Breakup by Enterprise Size
7 End User Market Breakup
8 Market Breakup by Region
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Top Players
For more information about this report visit https://www.researchandmarkets.com/r/kzzocz