The global next generation search engine market is anticipated to grow at a CAGR of 14.5% during the forecast period (2024-2031). Seeing the enormous potential of the technology, the industry is either rushing to adopt ChatGPT in applications or trying to come up with alternatives. Thus, Google, Microsoft, and Baidu among others are making significant attempts to launch next generation search engines. For instance, in May 2023, Google disclosed its plans to infuse its dominant search engine with more advanced artificial-intelligence technology, a drive that’s in response to one of the biggest threats to its long-established position as the internet’s main gateway. More artificial technology (AI) technology will be coming to Google’s Gmail with a “Help Me Write” option that will produce lengthy replies to emails in seconds, and a tool for photos called “Magic Editor” that will automatically doctor pictures. The AI transition will begin cautiously with the search engine that serves as Google’s crown jewel.
Further, in February 2023, Microsoft Corp. launched an AI-powered Bing search engine and Edge browser, available in preview now at Bing.com, to deliver better search, more complete answers, a new chat experience and the ability to generate content. This tool will act as an AI copilot for the web. Therefore, the ongoing development by key players in the industry is a key factor driving the global next generation search engine market.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By End-User
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Amazon.com Inc., Apple Inc., Google LLC (Alphabet Inc.), Bose Corp., and Xiaomi Inc., among others.
Next Generation Search Engine Market Report Segment
By Product
- Mobile
- Desktop
By End-User
- Personal
- Commercial
By Distribution Channel
- Online
- Offline
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Next Generation Search Engine Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Alibaba Group
- com
- Baidu Inc.
- Bose Corp.
- Duck Duck Go Inc.
- Facebook Inc.
- Harman-Kardon Inc.
- Microsoft Corp.
- Sonos Inc.
- Yahoo (Verizon Communications Inc.)
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