target audience: TECH SUPPLIER Publication date: Sep 2024 - Document type: Market Analysis Perspective - Doc Document number: # US51675924
Market Analysis Perspective: Worldwide Search and Knowledge Discovery Software, 2024
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Abstract
This IDC Market Analysis Perspective provides insight into the current state and outlook of the search and knowledge discovery software market.
“Over the past year, many companies leveraging generative AI (GenAI) scrambled to add or partner with search capabilities to feed accurate, relevant, and safe information to generative systems, and search engines themselves became increasingly conversational,” said Hayley Sutherland, research manager, Knowledge Discovery and Conversational AI at IDC. “A GenAI-driven battleground is emerging around vector search and RAG capabilities, and search and knowledge discovery vendors should strongly consider how to showcase differentiators related to AI.”