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 advanced technologies and presence of key industry players in the region.
Albany, NY -- (SBWIRE) -- 07/10/2014 -- Enterprise search is defined as the technique of making the content from databases, data management systems, intranets, emails, and others searchable to the audience. It is a type of software that helps in searching the information within an enterprise. With the continuously increasing volumes of the data generated, it has become significant to store and manage this data. With the loads of databases created every day, it is equally important to develop data retrieving tools to efficiently help in extracting the necessary information whenever required from these databases.
The report includes segmentation of enterprise search market by end user, size of enterprise and geography. Further, it provides current and forecast market size by revenue for the aforementioned categories. Cross sectional analysis for end user and geography segments is also a part of the scope. Factors influencing and inhibiting growth of the market have been analyzed. Porter’s five forces analysis offers insights into market competition.
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This study includes profiles of key players in the market and the strategies adopted by them to sustain competition. Recent developments and barriers of the market will help emerging players design their strategies in an effective manner. The study is expected to help key players of the enterprise search market in formulating and developing their strategies.
Market Segmentation for Enterprise Search Market
Enterprise Search Market, by End-user
Banking and financial services
Government and commercial offices
Others (media and entertainment, aerospace and defense, construction)
Enterprise Search Market, by Size of Enterprise
Large scale enterprise
Medium scale enterprise
Small scale enterprise
Enterprise Search Market, by Geography
Rest of the World
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