The global internet browser market is expected to grow at a significant CAGR during the forecast period (2024-2031). The major factors propelling the growth of the market include the rising internet penetration and rising smartphone users globally. According to the data of the International Telecommunication Union (ITU) 2020, more than 51% of the total population globally, or 4 billion individuals were using the internet in 2019.
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According to the Consumer Technology Association (CTA) approximately 165 million units of a smartphone was estimated to be sold in 2020 with a rise of 2% from 2019. Internet browser (also known as a browser) is a computer program that retrieves, displays, and navigates information resources on the World Wide Web (also referred to as the internet or the net). Google Chrome, Microsoft Edge (previously Internet Explorer), Mozilla Firefox, and Apple’s Safari are the most popular internet browsers.
The major players contributing to the growth of the global internet browser market include Google Chrome, Citrix Systems, Ericom Software, Firefox, among others. The market players are focusing on the adoption of various strategies such as product launches & developments, mergers and acquisitions, and partnerships and collaborations. For instance, in May 2021, Microsoft Corp. announced the complete removal of the Internet Explorer 11Desktop application from the market as Microsoft Edge will be taking place till June 2022.
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Market Coverage
- Segment Covered-
o By Type
o By Application
- Competitive Landscape- Google Chrome, Citrix Systems, Ericom Software, Firefox, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Internet Browser Market – Segmentation
By Type
- Remote Browser
- Web Browser
By Application
- Personal Computer
- Mobile Phones
- Others
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