Global Enterprise Search Sales Market Report 2023

Market Analysis and Insights: Global Enterprise Search Market

The increasing demand for time-saving data search solutions is expected to be the key growth factor for the enterprise search market. The increasing data volumes sourced from different gateways in the Search Appliances has created a need for managing it. Enterprise search solutions help in organizing and managing this data, due to which these solutions have found a large adoption in the Search Appliances. Enterprise search solutions enable the availability of required data or information to the user from a pool of databases, emails, intranet, data management systems, and so on. It saves the operation time and money for the enterprise by efficiently managing information and searching for required information without any hassles. Additionally, it offers a security layer by allowing only authorized personnel to access information.



The demand for relevant information and the emergence of technologies such as Software as a Service (SAAS) and cloud computing are further expected to favor the enterprise search market growth over the forecast period. The low maintenance and installation costs along with the elimination of technical support staff associated with these technologies are expected to fuel the enterprise search market growth. Data ambiguity and high implementation cost may act as a restraint to the market.

Due to the COVID-19 pandemic, the global Enterprise Search market size is estimated to be worth US$ 4729 million in 2022 and is forecast to a readjusted size of US$ 11300 million by 2029 with a CAGR of 13.1% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Local Installations accounting for % of the Enterprise Search global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Government and Commercial Offices segment is altered to an % CAGR throughout this forecast period.

Global Enterprise Search key players include IBM Corp, SAP AG, Dassault Systemes, Oracle, Microsoft, etc. Global top five manufacturers hold a share over 25%.

North America is the largest market, with a share about 35%, followed by Europe, and Asia-Pacific, both have a share over 55 percent.

In terms of product, Local Installations is the largest segment, with a share over 50%. And in terms of application, the largest application is Banking and Finance, followed by Government and Commercial offices, Retail, Healthcare, etc.

Global Enterprise Search Scope and Market Size

The global Enterprise Search market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Enterprise Search market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.


Segment by Type


Local Installations

Hosted Versions

Search Appliances


Segment by Application


Government and Commercial Offices

Banking and Finance

Healthcare

Retail

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


IBM Corp

SAP AG

Dassault Systemes

Oracle

Microsoft

Google

Coveo Corp

Marklogic Inc

Concept Searching Limited

Lucid Work

Hyland

X1 Technologies

Micro Focus

Attivio Inc

Expert System Inc

Frequently Asked Questions