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Worldwide Search and Knowledge Discovery Software Market Shares, 2022: Artificial Intelligence Accelerates Growth

Publisher IDC
Published Jul 24, 2023
Length 11 Pages
SKU # IDC18089964

Description

Worldwide Search and Knowledge Discovery Software Market Shares, 2022: Artificial Intelligence Accelerates Growth


This IDC study presents a view of search and knowledge discovery software revenue broken down by vendor for the calendar year 2022. This market continues to see accelerated growth, following a pandemic-era reckoning of enterprises' ability to support remote knowledge sharing and further fueled by AI-based improvements in accuracy and contextual understanding as well as by the increasing shift to cloud-based solutions."The search and knowledge discovery software market grew at a significant rate of 25.4% in 2022, with gradual but steady acceleration in the past few years bringing it to a total market size of $5.5 billion," said Hayley Sutherland, research manager, Conversational AI and Knowledge Discovery at IDC. "Recent survey results from early 2023 indicate enterprises are beginning to realize the value of AI-powered search and knowledge discovery, and IDC expects to see even more interest in this market over the next few years."

Please Note: Extended description available upon request.

Table of Contents

11 Pages
IDC Market Share Figure
Executive Summary
Advice for Technology Suppliers
Market Share
Who Shaped the Year
Market Context
Drivers and Inhibitors
Drivers
From Information Retrieval to Knowledge Discovery
Remote and Distributed Business Models
Deep Learning/Machine Learning Adoption
Inhibitors
Open Source Technology Options
Recession Impact
Significant Market Developments
Methodology
Market Definition
Related Research

Pricing

Currency Rates
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