Enterprise Search Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Type of Solution (On-Premises, Cloud-Based, Hybrid), By Search Features (Natural Language Processing (NLP), Machine Learning and AI, Security and Compliance) By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Healthcare, Manufacturing, Retail, Government, Legal), By Region, By Competition Forecast, 2018-2028

  • Industry : ICT
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  • Published Date : NA
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 4.46 billion

CAGR (2023-2028)

8.39%

Fastest Growing Segment

Healthcare

Largest Market

North America







Market Overview

Global Enterprise Search market has experienced tremendous growth in recent years and is poised to maintain strong momentum through 2028. The market was valued at USD 4.46 billion in 2022 and is projected to register a compound annual growth rate of 8.39% during the forecast period.

The Enterprise Search market has seen significant growth in recent years driven by widespread adoption across diverse industries globally. Critical sectors such as healthcare, finance, and technology recognize the importance of effective enterprise search for finding internal information and external data sources quickly.

Strict regulatory compliance and security needs have compelled organizations to invest heavily in advanced enterprise search solutions. Features like natural language processing, semantic search, and AI-powered recommendations help users get the right information faster and ensure data is accessed appropriately.

Leading enterprise search vendors have launched innovative products with improved search interfaces, personalized search capabilities, and automated controls. These enhance productivity and efficiency for knowledge workers. Integration of technologies like AI, machine learning and predictive analytics is also transforming how information can be surfaced.

Rising data volumes and the need to leverage insights from structured and unstructured data has fueled demand, with companies partnering with enterprise search providers on customized deployments. Emerging digital transformation initiatives around customer experience, digital marketing and e-commerce also create new opportunities.

The enterprise search market is well-positioned for continued expansion. The focus on data-driven decision making and knowledge worker productivity across regions and industries will continue driving investments in upgrades and new search capabilities. The ability to support high-growth, data-intensive workloads through AI-powered solutions ensures a promising future for this market.

Key Market Drivers

Growing Adoption of Cloud-Based Solutions

Cloud computing has seen widespread adoption in recent years as organizations recognize the benefits of flexibility, scalability and lower costs associated with cloud-based applications and infrastructure. Enterprise search solutions are increasingly being deployed in the cloud to allow universal access to information from any device. Cloud search offerings are also easier for IT teams to manage and update compared to on-premise software. This has removed a major barrier to implementation and driven greater adoption of enterprise search. Furthermore, the ability to easily integrate cloud search with other SaaS applications helps improve the user experience. As more companies embrace hybrid and multi-cloud strategies, the demand for cloud-based enterprise search will continue to grow significantly. Vendors have responded by enhancing the capabilities of their cloud search products and ensuring high performance, reliability and security.

Rise of Unstructured Data and Knowledge Management Needs

Organizations are generating more unstructured data than ever in the forms of documents, emails, presentations, audio/video files and more. However, much of this information resides in disconnected systems or silos making it difficult for employees to find the right information quickly when they need it. This has increased the importance of effective knowledge management using enterprise search. Solutions that can intelligently search and index both structured and unstructured data sources are crucial. They help maximize the value of corporate knowledge assets. As data volumes continue ballooning, the ability to leverage AI/ML for advanced analytics on insights derived from enterprise-wide searches will be critical. This will remain a major driver propelling investments in new enterprise search deployments and upgrades.

Focus on Digital Transformation Initiatives

Digital transformation has become a top priority for businesses seeking to engage customers better, optimize processes and gain competitive advantages. It encompasses initiatives around e-commerce, marketing automation, customer experience management and more. At the core of these initiatives is the need to break down information silos and surface the right context-aware insights. This is driving greater demand for enterprise search solutions that can understand user intents and power virtual assistants, chatbots, recommendations and other digital touchpoints. As companies accelerate their transformation journeys, the ability to centrally search diverse internal and external data sources will be integral to the success of their digital programs. This makes enterprise search a key enabler and ensures ongoing market opportunities.

 

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Key Market Challenges

Data Privacy and Security Concerns

As enterprise search solutions index and provide access to vast amounts of sensitive corporate data, privacy and security have become major considerations. With high-profile data breaches in the news regularly, companies are increasingly wary about where their data is stored and who has access to it. This presents a challenge for SaaS-based enterprise search vendors in gaining user trust. Solutions need to implement robust access controls, auditing, encryption and other security best practices. They must also be compliant with regulations like GDPR that dictate how organizations worldwide can legally collect and process personal information. Addressing privacy through advanced anonymization and consent management is another area vendors must strengthen. Building confidence among customers that their data remains private and protected both at rest and in use will be an ongoing effort for search providers to overcome this challenge.

Integration with Existing IT Systems

Most large enterprises have intricate IT environments comprising numerous legacy and best-of-breed systems over time. Integrating a new enterprise search platform that can seamlessly search across these disparate sources without disrupting operations or requiring major overhauls presents a significant challenge. Data must be extracted and indexed from a variety of structured and unstructured repositories using different protocols. Furthermore, search capabilities need to be embedded within existing employee workflows and applications. This requires extensive customization that increases project complexity and costs. While vendors offer out-of-the-box connectors and APIs, the lack of standardized interfaces remains an issue. Demonstrating integration value to customers through reference architectures and proof of concepts is important for search providers to address this challenge and justify new investments that augment rather than rip-and-replace existing IT infrastructure...

Key Market Trends

Advancements in AI and Machine Learning

Leading vendors are increasingly leveraging AI and machine learning to enhance enterprise search capabilities. Advanced natural language processing allows search to understand complex queries the way humans do. Machine learning models are trained on usage patterns to deliver more personalized, context-aware results by surfacing the most relevant information first. AI assistants and virtual agents are also gaining popularity to allow natural conversational searches across multiple internal and external data sources. Recommendation engines powered by AI help users discover related content they may have otherwise missed. As these technologies mature, we can expect more sophisticated AI-driven features around automatic taxonomy generation, anomaly detection in content and predictive analytics on search behavior. This will deliver superior search experiences, drive new adoption and open up new monetization streams for vendors through personalized services.

Integration with Collaboration Tools

Modern workplaces rely heavily on collaboration using platforms like Microsoft Teams, Slack and Google Workspace. There is a growing trend of integrating enterprise search directly into these environments. This allows users to search from within their existing workflows and channels instead of having to switch to a separate search interface. Search results can also be discussed collaboratively. Features like search snapshots that capture relevant information for projects promote discovery and sharing of knowledge across teams. As work becomes more distributed, embedding search into collaboration and communication tools in an invisible, seamless manner will be critical for user adoption and productivity gains. Vendors are partnering with major providers to deliver these integrated search experiences.

Focus on Personalized User Engagement

Earlier enterprise search products tended to adopt a one-size-fits-all approach. But users have varying search skills, roles and information needs. There is now a shift towards personalized search based on individual profiles, past usage patterns and contextual signals. Search interfaces can be customized visually and some vendors even allow users to build their own mini-search applications. Notifications on new or updated content help ensure information finds the right audience proactively. Gamification using leaderboards and badges further boosts engagement. As the workforce trends younger, search experiences will need to become more personalized, social and mobile-friendly to mirror consumer tools people use outside of work. Vendors will differentiate by understanding user psychology and enhancing the overall search experience.

Segmental Insights

Type of Solution Insights

The cloud-based segment dominated the enterprise search market in 2022 and is expected to maintain its dominance during the forecast period until 2027. In 2022, the cloud-based segment accounted for nearly 60% of the total enterprise search market share. Cloud-based enterprise search solutions have seen widespread adoption in recent years as organizations recognize the flexibility, scalability, and lower costs associated with cloud deployments. Cloud search offerings allow universal access to information from any device which has helped drive greater adoption. The ability to easily integrate cloud search with other cloud-based applications and SaaS tools also enhances the user experience. Additionally, cloud search solutions are easier for IT teams to manage and update compared to on-premise software which removes a major barrier to implementation. As hybrid and multi-cloud strategies become more commonplace among companies, the demand for cloud-based enterprise search that can span different cloud environments is growing. Vendors have responded by enhancing the capabilities of their cloud products to ensure high performance, reliability, security and ease of management even as deployments scale massively. These factors cement the cloud-based segment's dominance in the enterprise search market during the forecast period.

Search Features Insights

The machine learning and AI segment dominated the enterprise search market in 2022 based on search features and is expected to maintain its dominance during the forecast period until 2027. In 2022, machine learning and AI accounted for approximately 30% of the total enterprise search market share segmented by features. Leading vendors are increasingly leveraging machine learning and AI technologies to enhance search capabilities. Advanced natural language processing powered by machine learning allows search to understand complex queries more naturally like humans. ML models are also trained on usage patterns to deliver more personalized and contextual search results. AI-powered assistants, recommendations, and virtual agents further augment the search experience. As these technologies mature, more sophisticated AI-driven features will emerge around automatic taxonomy generation, predictive analytics on search behavior, and anomaly detection in content. The integration of machine learning and AI into enterprise search solutions delivers superior search experiences, drives new adoption, and opens up opportunities for vendors to offer personalized AI services. With data volumes continuing to balloon, the ability to leverage AI to surface insights and analyze enterprise-wide searches will be critical. This makes the machine learning and AI segment poised to maintain its dominance during the forecast period.

 

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Regional Insights

The North America region dominated the enterprise search market share in 2022 based on region, accounting for approximately 35% of the total market. North America is expected to maintain its dominance during the forecast period until 2027. The large presence of leading enterprise search vendors as well as early adoption of advanced technologies among organizations in the region drives the North America market. Major global tech companies are headquartered in countries like the United States and Canada, allowing for greater investments in research and development of innovative enterprise search solutions. Furthermore, industries such as healthcare, IT & telecom, and manufacturing that are high adopters of enterprise search are well-established in North America. Stringent regulatory standards across sectors also necessitate robust search capabilities for compliance. As data volumes and digital transformation initiatives continue intensifying in North America, companies will continue investing in enterprise search to power knowledge management and decision making. Additionally, the growing trend of cloud-based deployments benefits this regional market as cloud adoption is high. With its competitive business environment and concentration of tech-savvy enterprises, North America provides a fertile ground for enterprise search and maintains dominance during the forecast period through ongoing demand and vendor focus.

Recent Developments

  • In September 2022, Google acquired Anthropic, an AI safety startup, to enhance its enterprise search capabilities with more responsible AI technologies.
  • Microsoft launched the Azure Cognitive Search in late 2022 to allow building AI-powered search applications without requiring machine learning expertise. It offers capabilities like natural language queries, semantic search, and anomaly detection.
  • IBM unveiled new Watson capabilities for its enterprise search product in 2022, including enhanced knowledge graphs, summarization and translation features to support a multilingual workforce.
  • Amazon Web Services refreshed its CloudSearch service in 2022 with improved relevancy, performance and integration with AWS resources like S3 and DynamoDB.
  • Elastic introduced the Elastic App Search service in 2022 to allow building customized search experiences within web and mobile applications using an API-first approach.
  • Oracle acquired CrowdTwist in 2022 to bolster its CX offerings with new conversational search, virtual assistants and personalized recommendations.
  • Sinequa raised a $53 million funding round in 2022 to accelerate AI-driven innovations for its cognitive search platform and expand globally.
  • Coveo announced a partnership with ServiceNow in 2022 to deliver AI-powered, in-context search within the Now Platform for improved agent and end-user experiences.
  • Lucidworks received $80 million in funding in 2022 to enhance its AI-powered search solutions and expand into new verticals like financial services.

Key Market Players

  • Microsoft Corporation
  • Google Inc
  • IBM Corporation
  • DRUID
  • Amazon Web Services
  • SAP SE
  • Lucidworks
  •  Elasticsearch
  • Coveo
  • MarkLogic

 By Type of Solution  

By Search Features

By Industry Vertical

By Region
  • On-Premises
  • Cloud-Based
  • Hybrid 
  • Natural Language Processing (NLP)
  • Machine Learning and AI
  • Security and Compliance 
  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare
  • Manufacturing
  • Retail
  • Government
  • Legal 
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Enterprise Search Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Enterprise Search Market, By Type of Solution:

o   On-Premises

o   Cloud-Based

o   Hybrid

  • Enterprise Search Market, By Search Features:

o   Natural Language Processing (NLP)

o   Machine Learning and AI

o   Security and Compliance

  • Enterprise Search Market, By Industry Vertical:

o   Banking, Financial Services, and Insurance (BFSI)

o   Healthcare

o   Manufacturing

o   Retail

o   Government

o   Legal

  • Enterprise Search Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

§  Turkey

§  Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Enterprise Search Market.

Available Customizations:

Global Enterprise Search Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Enterprise Search Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Formulation of the Scope

2.4.  Assumptions and Limitations

2.5.  Sources of Research

2.5.1.    Secondary Research

2.5.2.    Primary Research

2.6.  Approach for the Market Study

2.6.1.    The Bottom-Up Approach

2.6.2.    The Top-Down Approach

2.7.  Methodology Followed for Calculation of Market Size & Market Shares

2.8.  Forecasting Methodology

2.8.1.    Data Triangulation & Validation

3.    Executive Summary

4.    Voice of Customer

5.    Global Enterprise Search Market Overview

6.    Global Enterprise Search Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Type of Solution (On-Premises, Cloud-Based, Hybrid)

6.2.2.    By Search Features (Natural Language Processing (NLP), Machine Learning and AI, Security and Compliance)

6.2.3.    By Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Healthcare,), Manufacturing, Retail, Government, Legal)

6.2.4.    By Region

6.3.  By Company (2022)

6.4.  Market Map

7.    North America Enterprise Search Market Outlook

7.1.  Market Size & Forecast      

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Type of Solution  

7.2.2.    By Search Features

7.2.3.    By Industry Vertical

7.2.4.    By Country

7.3.  North America: Country Analysis

7.3.1.    United States Enterprise Search Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Type of Solution  

7.3.1.2.2.           By Search Features

7.3.1.2.3.           By Industry Vertical

7.3.2.    Canada Enterprise Search Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Type of Solution  

7.3.2.2.2.           By Search Features

7.3.2.2.3.           By Industry Vertical

7.3.3.    Mexico Enterprise Search Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Type of Solution  

7.3.3.2.2.           By Search Features

7.3.3.2.3.           By Industry Vertical

8.    Europe Enterprise Search Market Outlook

8.1.  Market Size & Forecast      

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Type of Solution  

8.2.2.    By Search Features

8.2.3.    By Industry Vertical

8.2.4.    By Country

8.3.  Europe: Country Analysis

8.3.1.    Germany Enterprise Search Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Type of Solution  

8.3.1.2.2.           By Search Features

8.3.1.2.3.           By Industry Vertical

8.3.2.    United Kingdom Enterprise Search Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Type of Solution  

8.3.2.2.2.           By Search Features

8.3.2.2.3.           By Industry Vertical

8.3.3.    Italy Enterprise Search Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecasty

8.3.3.2.1.           By Type of Solution  

8.3.3.2.2.           By Search Features

8.3.3.2.3.           By Industry Vertical

8.3.4.    France Enterprise Search Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Type of Solution  

8.3.4.2.2.           By Search Features

8.3.4.2.3.           By Industry Vertical

8.3.5.    Spain Enterprise Search Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Type of Solution  

8.3.5.2.2.           By Search Features

8.3.5.2.3.           By Industry Vertical

9.    Asia-Pacific Enterprise Search Market Outlook

9.1.  Market Size & Forecast      

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Type of Solution  

9.2.2.    By Search Features

9.2.3.    By Industry Vertical

9.2.4.    By Country

9.3.  Asia-Pacific: Country Analysis

9.3.1.    China Enterprise Search Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Type of Solution  

9.3.1.2.2.           By Search Features

9.3.1.2.3.           By Industry Vertical

9.3.2.    India Enterprise Search Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Type of Solution  

9.3.2.2.2.           By Search Features

9.3.2.2.3.           By Industry Vertical

9.3.3.    Japan Enterprise Search Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Type of Solution  

9.3.3.2.2.           By Search Features

9.3.3.2.3.           By Industry Vertical

9.3.4.    South Korea Enterprise Search Market Outlook

9.3.4.1.        Market Size & Forecast

9.3.4.1.1.           By Value

9.3.4.2.        Market Share & Forecast

9.3.4.2.1.           By Type of Solution  

9.3.4.2.2.           By Search Features

9.3.4.2.3.           By Industry Vertical

9.3.5.    Australia Enterprise Search Market Outlook

9.3.5.1.        Market Size & Forecast

9.3.5.1.1.           By Value

9.3.5.2.        Market Share & Forecast

9.3.5.2.1.           By Type of Solution  

9.3.5.2.2.           By Search Features

9.3.5.2.3.           By Industry Vertical

10. South America Enterprise Search Market Outlook

10.1.            Market Size & Forecast        

10.1.1. By Value

10.2.            Market Share & Forecast

10.2.1. By Type of Solution  

10.2.2. By Search Features

10.2.3. By Industry Vertical

10.2.4. By Country

10.3.            South America: Country Analysis

10.3.1. Brazil Enterprise Search Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Type of Solution  

10.3.1.2.2.         By Search Features

10.3.1.2.3.         By Industry Vertical

10.3.2. Argentina Enterprise Search Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Type of Solution  

10.3.2.2.2.         By Search Features

10.3.2.2.3.         By Industry Vertical

10.3.3. Colombia Enterprise Search Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Type of Solution  

10.3.3.2.2.         By Search Features

10.3.3.2.3.         By Industry Vertical

11. Middle East and Africa Enterprise Search Market Outlook

11.1.            Market Size & Forecast        

11.1.1. By Value

11.2.            Market Share & Forecast

11.2.1. By Type of Solution  

11.2.2. By Search Features

11.2.3. By Industry Vertical

11.2.4. By Country

11.3.            MEA: Country Analysis

11.3.1. South Africa Enterprise Search Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Type of Solution  

11.3.1.2.2.         By Search Features

11.3.1.2.3.         By Industry Vertical

11.3.2. Saudi Arabia Enterprise Search Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Type of Solution  

11.3.2.2.2.         By Search Features

11.3.2.2.3.         By Industry Vertical

11.3.3. UAE Enterprise Search Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Type of Solution  

11.3.3.2.2.         By Search Features

11.3.3.2.3.         By Industry Vertical

11.3.4. Kuwait Enterprise Search Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Type of Solution  

11.3.4.2.2.         By Search Features

11.3.4.2.3.         By Industry Vertical

11.3.5. Turkey Enterprise Search Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Type of Solution  

11.3.5.2.2.         By Search Features

11.3.5.2.3.         By Industry Vertical

11.3.6. Egypt Enterprise Search Market Outlook

11.3.6.1.     Market Size & Forecast

11.3.6.1.1.         By Value

11.3.6.2.     Market Share & Forecast

11.3.6.2.1.         By Type of Solution  

11.3.6.2.2.         By Search Features

11.3.6.2.3.         By Industry Vertical

12. Market Dynamics

12.1.            Drivers

12.2.            Challenges

13. Market Trends & Developments

14. Company Profiles

14.1.            Microsoft Corporation

14.1.1.            Business Overview

14.1.2.            Key Revenue and Financials  

14.1.3.            Recent Developments

14.1.4.            Key Personnel/Key Contact Person

14.1.5.            Key Product/Services Offered

14.2.            Google Inc

14.2.1.            Business Overview

14.2.2.            Key Revenue and Financials  

14.2.3.            Recent Developments

14.2.4.            Key Personnel/Key Contact Person

14.2.5.            Key Product/Services Offered

14.3.            IBM Corporation

14.3.1.            Business Overview

14.3.2.            Key Revenue and Financials  

14.3.3.            Recent Developments

14.3.4.            Key Personnel/Key Contact Person

14.3.5.            Key Product/Services Offered

14.4.            DRUID

14.4.1.            Business Overview

14.4.2.            Key Revenue and Financials  

14.4.3.            Recent Developments

14.4.4.            Key Personnel/Key Contact Person

14.4.5.            Key Product/Services Offered

14.5.            Amazon Web Services

14.5.1.               Business Overview

14.5.2.               Key Revenue and Financials  

14.5.3.               Recent Developments

14.5.4.               Key Personnel/Key Contact Person

14.5.5.               Key Product/Services Offered

14.6.            Coveo

14.6.1.               Business Overview

14.6.2.               Key Revenue and Financials  

14.6.3.               Recent Developments

14.6.4.               Key Personnel/Key Contact Person

14.6.5.               Key Product/Services Offered

14.7.            SAP SE

14.7.1.               Business Overview

14.7.2.               Key Revenue and Financials  

14.7.3.               Recent Developments

14.7.4.               Key Personnel/Key Contact Person

14.7.5.               Key Product/Services Offered

14.8.            Lucidworks

14.8.1.               Business Overview

14.8.2.               Key Revenue and Financials  

14.8.3.               Recent Developments

14.8.4.               Key Personnel/Key Contact Person

14.8.5.               Key Product/Services Offered

14.9.             Elasticsearch.

14.9.1.               Business Overview

14.9.2.               Key Revenue and Financials  

14.9.3.               Recent Developments

14.9.4.               Key Personnel/Key Contact Person

14.9.5.               Key Product/Services Offered

14.10.          MarkLogic

14.10.1.              Business Overview

14.10.2.              Key Revenue and Financials  

14.10.3.              Recent Developments

14.10.4.              Key Personnel/Key Contact Person

14.10.5.              Key Product/Services Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Enterprise Search Market was USD 4.46 billion in 2022.

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The dominant segment by search features in the global enterprise search market in 2022 was Machine Learning and AI. This segment accounted for approximately 30% of the total market share segmented by features.

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The dominant region in the global enterprise search market in 2022 was North America. This region accounted for around 35% of the total enterprise search market share globally.

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The major drivers for the global Enterprise Search market include Growing adoption of cloud-based solutions and rise of unstructured data and knowledge management needs across organizations.

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Sakshi Bajaal

Business Consultant
Press Release

Enterprise Search Market to Grow with a CAGR of 8.39% Globally through to 2028

Oct, 2023

Enterprise Search is increasing due to growing adoption across diverse industries globally driven by focus on data-driven decision making and digital transformation initiatives in the forecast period

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