Monday, 21 July 2014

Worldwide Enterprise Search Market Overview and Growth Report 2018


Enterprise search involves finding and retrieving information from various sources such as content management systems, email archives, enterprise databases, and file servers for enterprise use. Enterprise search software provides a user interface for users to gain instant access to information owned by the enterprise as well as external public information. In order to facilitate easy access, and since not all users have the same access rights, metadata files are created across different repositories of information. In order to overcome financial losses related to poor search and to increase employee productivity, enterprises are adopting enterprise search software and solutions.

Analysts forecast the Global Enterprise Search market will grow at a CAGR of 19.35 percent over the period 2013-2018.

The Report recognizes the following companies as the key players in Global Enterprise Search Market : Google Inc., HP Autonomy, Microsoft Corp., Oracle Corp., Attivio, Coveo, Dassault Systems, IBM, LucidWorks, Mindbreeze, Perceptive Software, PolySpot, Sinequa

In order to differentiate between structured and unstructured data, and to extract useful information from them, enterprises are increasingly adopting big data solutions. While this is helping the Global Big Data market, it has also highlighted the importance of enterprise search products. Enterprises that adopt big data solutions also place enterprise search products in their priority list

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Enterprise Search market for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales and installations of enterprise search solutions. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global Enterprise Search market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

Global Enterprise Search Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Enterprise Search market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the growth of the Global Enterprise Search market is driven by many factors. One of the main drivers in this market is the need to improve the efficiency of business processes. This in turn has increased the demand for search solutions among large organizations and government entities. In addition, vendors are upgrading their technology and launching innovative solutions to provide better results to end-users.

Further, the report states that despite the presence of several drivers, the growth of the Global Enterprise Search market is curtailed by some serious challenges. One of the main challenges in this market is the difficulty in gathering information from various sources. With different levels of security attached to each database, enterprise search solutions find it difficult to extract data from them.