The Global Enterprise Search Market was $5.3 Bn in 2020, and it is expected to reach $45.6 Bn by 2031. It is eventually growing at a commendable high compound annual growth rate CAGR of 21.1% between 2021-2031. But due to the current COVID-19 pandemic there might be a slight difference in the growth rate in the present year. The increased demand for solution that offers time saving data search capabilities is the main factor that will help to accelerate the growth of this market during the forecasted period. the increased need to supervise the huge volumes of data in any organization as it will help to improve the operational efficiency will further help to accelerate the growth of this market during the forecasted period.
Global Enterprise Search Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Enterprise Search Market has been segmented into Enterprise Size, End-use. By Enterprise Size – Small Enterprises, Medium Enterprises, Large Enterprises. By End-Use – Retail, Government & Commercial Offices, Banking & Financial Services, Manufacturing, Healthcare, Consumer. Large enterprises end-use segment is expected to dominate the market during the forecasted period. this is mainly because of the increased need to search accurate data across vast database from different sources.
By Region, North America Is Holding The Major Market Share
The Global Enterprise Search Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. in addition to this North America Global Enterprise Search Market is holding the major market share at present and is estimated to witness high compound annual growth rate in the upcoming forecasted period. this is mainly because of the technological advancements and the presence of key market players is the main reason that have led this region to dominate the market.
Major Players In Global Enterprise Search Market
Some of the key players in Global Enterprise Search Market include Microsoft Corporation, IBM, Oracle, Coveo Solutions, SAP, EMC Corporation, HP Autonomy, Google Inc., SharePoint Search, Hyland, Attivio Inc., Micro Focus, X1 Technologies, Dassault Systemes.
The Global Enterprise Search Market Has Been Segmented Into:
Global Enterprise Search Market, By Enterprise Size
Global Enterprise Search Market, By End-Use
Global Enterprise Search Market, By Region