Enterprise Search is a type of software that allows organizations to quickly access data stored within their digital resources. It helps organizations to quickly find information within their networks and systems, regardless of its format. Enterprise Search is used to improve the efficiency of search-based activities, such as finding documents, images, videos, and other types of data.
The increasing need for improved search results and better customer experience, the growing trend of enterprise mobility and the increasing utilization of big data analytics are some of the key factors driving the growth of the market. Moreover, increasing adoption of artificial intelligence (AI) and machine learning (ML) is further propelling the growth of the market.
The global Enterprise Search market was valued at US$ 5401.2 million in 2022 and is anticipated to reach US$ 11300 million by 2029, witnessing a CAGR of 13.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Enterprise Search Market available at: https://www.themarketreports.com/report/global-enterprise-search-market-research-report
This report aims to provide a comprehensive presentation of the global market for Enterprise Search, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Enterprise Search.
Global Enterprise Search key players include IBM Corp, SAP AG, Dassault Systemes, Oracle, Microsoft, etc. Global top five manufacturers hold a share over 25%.
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