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"The critical business need to eliminate duplication of effort has boosted the adoption of enterprise search systems, " said Frost & Sullivan Industry Analyst Sashankh Kale. "Search solutions
that efficiently manage information and facilitate informed, profitable decisions are gaining popularity."
The growth of Big Data across verticals presents the enterprise search solutions market with further opportunities. Since newer data types are not confined to a relational database within an
organization, solutions that can search information outside the scope of these relational frameworks are widely accepted.
Demand for personalized search tools that operate in a pool of unlimited data from internal servers, the Internet, or third-party sources is also growing.
However, the disparity between customer expectations and actual search outcomes could dissuade future investments. Customers expect a single query to retrieve the right results immediately.
Therefore, search providers must offer timely and relevant results, taking into account the continuous addition of new data to repositories.
Roughly 80 percent of the data is unstructured, and the diverse forms in which it is stored increases the complexity of taxonomy and indexing. Hence, search vendors are looking beyond meta-data
tagging, towards statistical and probabilistic algorithms, deep-content analytics, and pattern detection. They are also designing modern solutions to familiarize themselves with an enterprise´s
"As vendors continue to offer newer functionalities such as federated, social, and concept search, customers are also becoming aware of their effectiveness, " noted Kale. "Thus, these solutions are
likely to experience demand from various verticals."
Global Enterprise Search Market is part of the Digital Media Growth Partnership Services program, which also includes research in the following markets: Enterprise Content
Management, Broadcast and DTT Video Encoders, Pay-TV Video Encoders Market, and Enterprise, Internet and Mobile Video Encoders-Transcoders. All research services included in subscriptions provide
detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Global Enterprise Search Market
Corporate Communications - North America
Frost & Sullivan
Web site: http://www.frost.com/