Research and Markets (http://www.researchandmarkets.com/research/zwt9q7/global_saasbased) has announced the addition of the "Global SaaS-based Site Search Market 2014-2018" report to their offering.

The analysts forecast the Global SaaS-based Site Search market to grow at a CAGR of 19.30 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing market for e-commerce. The Global SaaS-based Site Search market has also been witnessing the increasing adoption of mobile devices. However, the issues pertaining to data security and privacy could pose a challenge to the growth of this market.

Key vendors dominating this space are Adobe Systems Inc., Celebros Inc., Nextopia Software Corp., and SLI Systems.

Other vendors mentioned in the report are Apache SOLR, Certona Corp., Easy Ask,Fact Finder, Google Commerce Search, PrismaStar LLC, SDL Fredhopper, Thanx Media, and Universal Business Listing.Org

Commenting on the report, an analyst from the team said: The increasing adoption of mobile devices is the emerging trend in the Global SaaS-based Site Search market. More than 50 percent of smartphone users visit e-commerce sites on their phones. Unlike internet users scrawling sites from their laptops or desktops, mobile users perform their internet searches fairly quickly. In fact, more than 65 percent of mobile users will act upon a search within an hour of making it. This shows that mobile searchers are looking for immediate solutions for their search. As a result, the searches performed on mobile devices have high conversion rates than those performed on desktops and laptops. As a result of the growing use of smartphones and tablets, the websites need to be optimized and the site search needs to be made more user friendly. If the site search is not friendly, it is more likely that the user will switch to another website. Hence, the increasing adoption of mobile devices also increases the demand for SaaS-based site search solutions.

For more information visit http://www.researchandmarkets.com/research/zwt9q7/global_saasbased

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