The Future of Search Engine Market Shares
Thursday, July 5th, 2007Search Engines, such as, Google, Yahoo and MSN, sift through the seemingly infinite pages of the internet to bring you to exactly what you are looking for. At least, that’s what they set out to do. Google has had a stronghold on the industry for as long as most users can remember, with Yahoo, MSN, AOL and AskJeeves bringing up the rear. However in recent years the gap between Google and it’s search competitors has decreased, and now both Yahoo and MSN are threatening to encroach Google’s once dominant market share.
Since its separation from Google in 2003, Yahoo has broken away from its former partner to become an industry threat with its own proprietary search technology. A study done by The comScore Media Metrix indicated that before the split Google held 79% of the market while Yahoo held a mere 16%. However - as of late 2005 this Yahoo’s portion increased to an impressive 42%.
The future of the market is also dependent on which Search Engine is perceived as more convenient, user friendly and appealing to consumers. Google and Yahoo differ in their search result styles with the latter displaying each result with a description of the page, while Google writes its own description based on the first paragraph of the webpage’s copy. Other competitors, such as AOL and AskJeeves, are adding new and unique features to keep up with the race. For example, AOL now suggests search phrases as you type your inquiry and AskJeeves displays a thumbnail of the SERP webpage result. (more…)
