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.