I’m pleased to announced that the first market sizing report from our Information Management practice here at 451 has been published. It covers the enterprise search and text analysis markets, providing revenues figures from 2009-2013 and our growth expectations for those years.
We look at the reasons for that projected growth, identifying 10 drivers overall, one of which is the rise of search-based applications. At some point in the future we’d like to try and size that market, although it’s too nascent to put a number on it just yet.
You can download an executive summary or find out more about the report here.
Suffice to say I’m very excited about this new addition to our coverage, adding the quantitative element to our many years of analyzing the market on a qualitative basis.
This report will be updated every six months with new figures and every 12 months with new analysis an figures. We provide analysis of the industry throughout the year through our Market Insight Service in shorter, more regular form.
This is not only the fist in a series of reports on the enterprise search business, but also the first in a series of market sizing reports within information management. The next will be on the data warehousing business, due in early 2010, written by Matt Aslett.
3 comments ↓
Hi Nick,
I’m interested in what’s covered in this report, as I get asked these questions all the time. I’d like to direct them to you, depending on what kinds of search you include.
However, you are ripe for a case study in the importance of fast indexing — no matter what I tried, I could not locate the report on the451group web site using the search engine. This is even more important because the site search shows results in reverse date order instead of relevance ranking.
It’s no that you need real-time indexing, but when the search is so far behind the site and the blog, it’s really disconcerting.
Avi
Hi Avi,
Yes I agree, we need to make these reports more easily available on our website. I’m not going to claim our own website search is up to scratch because quite frankly, it isn’t (there is some relevance ranking applied there, but it’s not the most obvious). That’s why I provided the link. I might update the above post to put another one on there to make it more obvious.
But putting the old ‘cobbler’s children’ argument to one side for a minute, I would say that, an exec summary is available that includes the table of contents. Suffice to say it covers enterprise search (as opposed to ad-supported web search), and we’ve covered all the major vendors there for many years. It also includes all the major text analysis vendors.
Their names can be found on the website as part of our ongoing Market Insight Service research and if they’re in there, rest assured they’ll be in this report.
But bear in mind this is a market sizing report, not a technical comparison between the vendors. We do those sorts of things too, but this isn’t it.
I hope that helps and thanks for the interest.
Nick
Hello Nick,
I’ll take a look at this report.
You write : “This is not only the fist in a series of reports on the enterprise search business, but also the first in a series of market sizing reports within information management.”
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