Global Search Engine Market To Grow at a CAGR of 4.3% During the Forecast Period 2017-2025

New York, USA, 2018-Dec-01 — /EPR Network/ —

A search engine is “a program that searches for and identifies items in a database that correspond to keywords or characters specified by the user, used especially for finding particular sites on the World Wide Web.” Search Engine Market is set to reach nearly USD 200 billion by 2024, growing at a CAGR of 4.3% over the forecast period (2017-2025). of all the search engines globally, Google has the largest market share of around 85%, calculated on the basis of the number of times a search engine is used on a platform and their major revenue generated through advertising . Based on geography, Asia Pacific Search Engine Market accounted for largest market share of 51.4% in 2017, followed by North America and Europe. Asia accounted for largest number of internet users and has huge penetration of smartphones due the large population majorly in India.

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https://www.goldsteinresearch.com/report/global-search-engine-market

In the latest market report by Goldstein Research on global search engine market, is drafted as per the clients to help them in assessing their business strategies in a competitive environment. The comprehensive analysis of search engine market report highlights the market size, market share & Y-O-Y growth rate and the competitive outlook of major global players. Competitive analysis includes thekey business segments, strategies, revenue analysis, investments, and recent developments. The report on search engine market deeply examines the ground scenario of the market across the major regions such as North America, Europe,Asia Pacific, Latin America and Middle East & Africa (MEA).

Further, global search engine market report also encompasses the key factors driving the growth of market, opportunities in the market and the factors posing threats & challenges to the market. The search engine market outlook also comprises the risk analysis, USP analysis, SWOT analysis, BPS analysis, PESTLE analysis & market attractiveness.“Global search engine market outlook 2024”contains broad overview based on our in-depth market analysis and thus the market can be segmented based on platform and geography. Major players of the global search engine market analyzed in the report are: Google, Bing, Yahoo, Baidu, Shenma, YANDEX RU, etc.

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Market Segmentation

On the basis of our in-depth analysis, global search engine market can be segmented as follows:

By Platform

  • Desktop
  • Mobile Phones
  • Tablets

By Region

  • North America Search Engine Market Analysis, 2016-2024
  • Global Search Engine Market Analysis, 2016-2024
  • Middle East And Africa Search Engine Market Analysis, 2016-2024
  • Latin America Search Engine Market Analysis, 2016-2024
  • Asia Pacific Search Engine Market Analysis, 2016-2024
  • Rest Of The World Search Engine Market Analysis, 2016-2024

Global Search Engine Market is driving on the basis of advancement in branches mentioned below Industry:

Cloud Services Market

Cloud service is provided to the users on demand or by subscriptions over the internet. Cloud services are provided and designed to ease the process of data handling and to easy access to resources, applications and services which are completely maintained and managed by the cloud service providers. Cloud Services Market accounted for USD 164.8 Billion in 2016 and the market is expected to reach USD 390.0 Billion by the end of 2024. Further, the market is anticipated to expand at a compound annual growth rate of 11.4% over the forecast period i.e. 2016-2024.

Artificial Intelligence Market

With the digitization, enterprises are witnessed to shift towards smart & innovative technologies. Increasing adoption of advanced technologies by the organizations to read the algorithms and interpret the data is majorly driving the growth of global artificial intelligence market. The Artificial Intelligence Market size is expected to reach USD 14.2 billion by 2024 from an estimated market size of USD 525 million in 2015, growing at a CAGR of 17.2% over the forecast period 2016-2024.

Big Data Market

Global organizational spending is estimated to reach over USD 500 billion by the end of 2024. Increasing number of heterogeneous data generated from web clicks boosting the necessity to manage and monitor the data which will significantly impel the big data market growth in the near future. Adaptation of cloud computing is giving an edge for the growth of Big Data Market across the globe. Discovering and analysis of huge amount of data is progressively bringing the business opportunities from past few years.

Social Media Analytics Market

Social Media Analytics Market is set to reach nearly USD 16.5 billion by 2024, growing at a CAGR of 28.5% over the forecast period (2017-2025). The growth in the development of artificial intelligence (AI), data mining and machine learning have improved social media analytics to quantify the free text and unstructured data available. Therefore, technological developments are the major driving factor in the growth of the Social media analytics market

Smart Phones Market

The decrease in average selling price (ASP) of smartphones is the major factor promoting the growth of the Smartphone Market across the globe. In 2016, the ASP of smartphone reported approximately USD 280 which was decreased as compared to 2013, where ASP of the smartphone was more than USD 330.

 

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