The search industry has seen rapid growth and change since the start of 2013 and it does not show any sign of altering its fast course along the track. With so many things happening in the industry, it can be hard to keep up, but thank goodness there are articles like this one from Digital Journal: “Global Enterprise Search Market To 2016: Latest Industry Analysis, Strategies, Survey, Size, Share, Growth, Trends, And Forecast Research Report Available At ResearchMoz.”
The Global Enterprise Search Market 2012-2016 report is the answer to understanding what is going on at the moment and what is predicted to happen over the next three years. The main focus of the report is quantitative market metrics to characterize the growth and evolution of the enterprise search market.
Global Enterprise Search market to grow at a CAGR of 12.98 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased demand for rapid and easy data access. The Global Enterprise Search market has also been witnessing the emergence of software-as-a-service based solutions. However, the high cost of implementation could pose a challenge to the growth of this market.
The report collected its information from industry experts and it covers US markets as well as international. Key vendors are also listed and the leaders are not surprising: Google, Microsoft, and Oracle with the exception of HP Autonomy. Other reputable vendors are LucidWorks, Sinequa, IBM, and MindBreeze. It is big news that LucidWorks is in the report, because it represents the open source search community. Open source is becoming a bigger player in the search market and LucidWorks is the leader, because of its development of Apache Lucene/Solr search applications for Big Data and enterprise.
Whitney Grace, August 9, 2013
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