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Internet Search Portals Market Analysis With Key Players, Applications, Trends And Forecast To 2033
Internet Search Portals Market Analysis
As per the report, the internet search portals market size has grown rapidly in recent years. It will grow from $258.38 billion in 2023 to $295.62 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The internet search portals market size is expected to see rapid growth in the next few years. It will grow to $493.56 billion in 2028 at a compound annual growth rate (CAGR) of 13.7%.
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Rising Mobile Internet Utilization Drives For Growth In The Internet Search Portals Market
Rising mobile internet utilization is expected to fuel the market growth of the internet search portals market during the forecast period. Mobile devices are gaining importance for accessing the internet over desktop computers due to the ease of use and portability that mobile devices offer to consumers. According to the World Advertising Research Center (WARC), 2 billion people currently access the internet via only their smartphone, which equates to 51% of the global base of 3.9 mobile users. In 2020, US adults spent an estimated 470 minutes (seven hours and 50 minutes) per day with digital media. In August 2022, according to Oberlo, 59.4% of all the web traffic came through mobile phones. With improving mobile technology about 58% of 18-29 years old and 47% of 30-49 years old of the US access internet using their smartphones. Thus, increasing mobile internet utilization is expected to increase online traffic and thereby will drive the growth of internet search portals.
Major Companies Embrace Ai Innovation With Search Generative Experience (SGE) In The Internet Search Portals Market
Major companies operating in the internet search portals market are focusing on innovative AI technologies such as Search Generative Experience (SGE) to improve the quality of search results. Search Generative Experience (SGE) is an experimental version of Google Search that integrates artificial intelligence answers directly into results. For instance, in May 2023, Google LLC, a US-based technology company, launched Search Generative Experience (SGE), an experimental version of Google Search that integrates artificial intelligence answers directly into results. This means that instead of just providing a list of links to websites, SGE can also provide summaries of key information, answer questions, and generate creative text formats of text content. This AI search engine has the potential to make it easier and faster for people to find the information they need online.
The internet search portals market covered in this report is segmented -
1) By Website: Operating Websites, Internet Search Websites, Other Websites
2) By Distribution Channel: Online, Offline
3) By Application: Personal, Commercial
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Major companies operating in the internet search portals market include Google, Baidu Inc., Softbank Group Corp., Naspers Limited, Naver Corporation, Yandex N.V., Sogou Inc., Mail.Ru Group., Yahoo, Coc Coc search, Yandex, Sina Corporation, Newegg Commerce Inc., Instacart, Shutterfly LLC, Sabre Corporation, Kaplan Inc., Endurance International Group, 58.com, Copart Inc., CDK Global Inc., Jacksonvill, Meta, Naver, NetEase, Netflix, Sogou, Tencent, Twitter
Contents of the report:
1. Executive Summary
2. Internet Search Portals Market Report Structure
3. Internet Search Portals Market Trends And Strategies
4. Internet Search Portals Market - Macro Economic Scenario
5. Internet Search Portals Market Size And Growth
…..
27. Internet Search Portals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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