Spotlight

Report:

The Forrester Wave™: Commerce Search And Product Discovery, Q3 2023

How does Forrester define the Commerce Search And Product Discovery market in 2023?

The commerce search and product discovery market has transformed dramatically over the past decade. Previously, digital businesses relied on built-in commerce platform search functionality based on Solr or Elasticsearch, but this evolved from 'good enough' to 'not enough' as independent solutions emerged and accelerated. Eight of the 10 evaluated vendors have recent acquisitions, many in the past year. Products vary in their use of AI-powered functionality and appeal to different user types. Businesses should seek solutions that enable their preferred balance of manual control, AI-led optimization, and visibility; prioritize appropriate user experience for their needs; and support the most appropriate features for their brand or industry.

Key Facts for The Forrester Wave™: Commerce Search And Product Discovery, Q3 2023 in 2023

How did the Commerce Search And Product Discovery market evolve in 2023?

What product features are required to be included in this year's evaluation?

What are the common features of top products in the Commerce Search And Product Discovery space?

No common features specified.

Scope Exclusions

Inclusion Criteria

Vendors must, among other requirements:

Offering Strengths — Relative Weighting

Strategy Strength — Relative Weighting

FAQs

Q: What does this research cover?

A: This research evaluates 10 commerce search and product discovery providers across 26 criteria grouped into three categories: current offering (50% weight), strategy (50% weight), and market presence. The evaluation covers functionality including usability and tooling, manual and automated search configuration, personalization, guided search, visual search, analytics, data enhancement, internationalization, and delivery models. It also assesses vendor strategy elements like vision, innovation, roadmap, partner ecosystem, adoption, community, and supporting services.

Q: Who should use this research?

A: Digital business professionals should use this research as a starting point for selecting commerce search and product discovery solutions. It helps buyers identify vendors that match their specific needs based on priorities such as: the preferred balance of manual control versus AI-led optimization; whether technical or non-technical users will primarily configure the system; industry-specific features like product quizzes or guided search; and the vendor's strategic positioning including innovation focus, partner ecosystem strength, and long-term viability. Readers can download the Excel-based vendor comparison tool to customize criteria weightings for their unique requirements.

Q: What are the mandatory features of vendors included in this market?

A: All vendors must natively provide core commerce search and product discovery functions including: personalized search results, product listing pages, configurable customer-facing facets for filtering, and tooling that enables nontechnical practitioners to configure, manage and review keyword/semantic search results, product recommendations, and merchandising. The product must be generally available (not beta/pilot) as a standalone offering as of June 12, 2023.

Q: What are some reasons for not being included in this report?

A:

  • Less than $20 million in revenue from commerce search and product discovery in the last four quarters
  • Product not generally available as standalone offering as of June 12, 2023
  • Lack of strong enterprise customer adoption and mindshare among Forrester clients
  • Search functionality only available as part of broader commerce platform without standalone option
  • Missing core functionality for nontechnical practitioners to configure and manage search
  • Insufficient native support for personalized search and product discovery
  • Declining to participate or only partially participating in the evaluation process

Q: What should buyers consider when evaluating products in this market?

A:

  • Enable the preferred balance of manual control, AI-led optimization, and visibility - solutions require trade-offs between human control and AI automation, with varying levels of transparency
  • Prioritize the appropriate user's experience - some products target nontechnical business users while others serve technical users/developers
  • Support the most appropriate features for the brand or industry - specialized functionality like product quizzes may be critical for certain industries (beauty, automotive)
  • Understand nuances to ensure right balance of employee empowerment and productivity with measurable results
  • Evaluate testing capabilities and visibility into AI decision-making
  • Consider whether custom data models and self-service data enhancement tools are needed
  • Assess need for manual segmentation controls versus AI-driven personalization

Q: How has the Commerce Search And Product Discovery market evolved in 2023?

A:

  • Market consolidation through acquisitions - eight of 10 vendors have recent acquisitions, many in the past year
  • Evolution from built-in commerce platform search to independent specialized solutions
  • Varying approaches to AI-powered functionality and control
  • Shift from traditional Solr/Elasticsearch frameworks to more advanced solutions
  • Trade-offs between manual control, AI-led optimization, and visibility into decision-making
  • Growing importance of balancing employee empowerment with measurable results
  • Industry-specific feature requirements (e.g., beauty, automotive parts)
  • Movement toward one-to-one personalization beyond manual segmentation

Q: What differentiates Strength of Offering vs. Strength of Strategy?

A: Strength of Current Offering (50% weight) evaluates the vendor's product capabilities across 17 functional criteria including usability, search configuration, personalization, and technical delivery. It focuses on what the product can do today. Strength of Strategy (50% weight) evaluates the vendor's future direction across 7 criteria including vision, innovation, roadmap, partnerships, and market adoption. It focuses on the vendor's ability to execute and lead in the evolving market.

Reference

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