Overview:

The global market report on the recommendation search engine has predicted that the market could surpass USD 5,900 million by 2023 with a CAGR of 40% during the forecast period of 2018 to 2023. Market Research Future (MRFR) claims that the market is expected to grow with thrust from the rising digitization, inclusion of smart gadgets like mobiles, laptops, and tablets, increasing use of algorithm to understand consumer behavior, innovation, research funding to improve existing systems, market competition, increasing uptake of the product by end users, and others.

Segmentation:

The global recommendation search engine market has been studied on the basis of a segmentation that includes type, application, technology, end users, and deployment. These segments have data about how the market has performed so far and how segments can inspire proceedings in the coming years. 

By type, the report on the recommendation search engine market has been segmented into content-based filtering, collaborative filtering, and hybrid recommendation.

By technology, the analysis of the recommendation search engine market includes a study of context-aware and geospatial aware. The context-aware segment includes machine learning and deep learning, and natural language processing.

By application, the market includes product planning, personalized campaigns and customer discovery, strategy and operations planning, and proactive asset management.

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Competitive Landscape:

The global market report on the recommendation search engine market includes a proper study of companies like Google (US), IBM (US), Oracle (US), Intel (USMicrosoft (US), SAP (Germany), AWS (US), HPE (US), Salesforce (US), ), and Sentient Technologies (US) who have invested much in taking the market further. Their strategic deployments are essential in having a comprehensive assessment of the global market.

Industry News:

In September 2020, Atos, an eminent name in the field of digital transformation, announced a signing of three-year contract renewal with RAI – Radiotelevisione Italiana S.p.A. – to ensure automation and management of digital services that has a connection with RaiPlay platform. This contract renewal is a way of confirming the mutual trust shared by both these companies that started in 2009. apart from the round-the-clock support and other integrated services, RAI will benefit from a better user experience and automated news stream analysis that has been launched by Atos to provide backup for the high volumes of content.

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