The global enterprise search market consists of various software solutions such as web search, intranet search, enterprise search solutions and others. Enterprise search tools help in search within the internal and external domains of an organization by gathering content from disparate data sources and providing relevant search results. They allow for unified search experiences across all data sources including web pages, documents, emails, CRM records, knowledge bases and more. The demand for enterprise search solutions is increasing owing to the growing volume of organizational data and the requirement of faster data search and retrieval.

The global enterprise search market is estimated to be valued at US$ 12 Billion in 2024 and is expected to exhibit a CAGR of 10% over the forecast period 2024 to 2031.

Key Takeaways

Key players operating in the enterprise search market are Microsoft, Google, IBM, AWS, Elasticsearch, Coveo, Pervasive Software and Lucidworks.

The Enterprise Search Market Trends include the rising adoption of cloud-based solutions and integration of artificial intelligence capabilities. Many organizations are shifting from on-premise to cloud-hosted search services owing to the flexibility and cost benefits offered. Integration of AI features such as natural language processing and semantic search is also augmenting the search capabilities.

The enterprise search solutions are witnessing a growing global demand driven by expanding digital transformation initiatives worldwide. With the rapidly growing volume of enterprise data across regions, the need for unified and smart search is increasing significantly. Vendors are focusing on developing advanced enterprise search platforms and expanding their geographical presence.

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