Growth and Factor of Enterprise Search Market 2013 - 2019

Transparency Market Research

Enterprise Search Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019

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67 Page Report

Published Date June-2014

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Enterprise Search Market is Expected to Reach USD 3993.7 Million in 2019: Transparency Market Research

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Enterprise Search Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research "Enterprise Search (Government and commercial offices, Banking and financial services, Retail, Healthcare and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019," the global enterprise search market was worth USD 1,777.5 million in 2012 and is expected to reach USD 3,993.7 million by 2019, growing at a CAGR of 12.2% from 2013 to 2019. North Americawas the largest region for enterprise search market in 2012. Growth in this region is primarily driven by availability of technologies and presence of key industry player in the region. The enterprise search market is driven by various factors including need to make search more relevant, availability of technologies and need for relevant information. However, multiplicity of repositories and problem of ambiguity are some of the factors inhibiting the growth of this market. Among all end-users, banking and financial services segment was the largest and accounted for 34. 9% of the market share in 2012. It is expected to maintain leading position throughout the forecast period. Government and commercial is the second largest end-user segment and is expected to witness strong growth during the forecast period. Increased use of intranet and...