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Next Generation Search Engines Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global next generation search engines market reached a value of US$ 10.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 23.8 Billion by 2027, exhibiting a CAGR of 14.47% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Next generation search engines, also known as advanced search engines, are incorporated with new technologies, such as voice- and image-based searches. They rely on machine learning (ML), semantic analysis and artificial intelligence (AI) capabilities to make information retrieval faster and easier. This further helps scientists and researchers obtain spatial data from various climate and ecological sciences. At present, virtual assistants are one of the commonly used next generation search engines in the retail and banking, financial services, and insurance (BFSI) sectors across the globe.

Next Generation Search Engines Market Trends:

Over the recent years, the number of voice searches has experienced exponential growth on account of the growing popularity of devices, which are embedded with voice assistants like Amazon’s Alexa. These searches are faster and more convenient as compared to text searches due to the advancements in speech recognition technology. This represents one of the most popular trends positively influencing the demand for next generation search engines around the world. Apart from this, the rising uptake of research activities in various sectors to launch new products or improvise the older variants as per the requirement of the consumers and profitability of the key players represents one of the major factors strengthening the growth of the market to obtain insightful data. Furthermore, the growing use of e-commerce for hassle-free online shopping experiences is also contributing to market growth. Moreover, the increasing penetration of the internet and boosting sales of smartphones is catalyzing the use of next generation search engines in numerous end use industries. Besides this, the introduction of self-service options in these search engines is projected to impel the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global next generation search engines market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on platform type, end user and distribution channel.

Breakup by Platform Type:

  • Mobile
  • Desktop
     

Breakup by End User:

  • Personal
  • Commercial
     

Breakup by Distribution Channel:

  • Online
  • Offline
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alibaba Group, Amazon.com Inc., Apple Inc., Ask.com (IAC), Baidu Inc., Duck Duck Go Inc., Facebook Inc., Google LLC (Alphabet Inc.), Microsoft Corporation and Yahoo (Verizon Communications Inc.).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Platform Type, End User, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alibaba Group, Amazon.com Inc., Apple Inc., Ask.com (IAC), Baidu Inc., Duck Duck Go Inc., Facebook Inc., Google LLC (Alphabet Inc.), Microsoft Corporation and Yahoo (Verizon Communications Inc.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Next Generation Search Engines Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Platform Type
    6.1    Mobile
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Desktop
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by End User
    7.1    Personal
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Distribution Channel
    8.1    Online
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Offline
        8.2.1 Market Trends
        8.2.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Alibaba Group
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Amazon.com Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Apple Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Ask.com (IAC)
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Baidu Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Duck Duck Go Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Facebook Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Google LLC (Alphabet Inc.)
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 SWOT Analysis
        14.3.9    Microsoft Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Yahoo (Verizon Communications Inc.)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Next Generation Search Engines Market: Major Drivers and Challenges
Figure 2: Global: Next Generation Search Engines Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Next Generation Search Engines Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Next Generation Search Engines Market: Breakup by Platform Type (in %), 2021
Figure 5: Global: Next Generation Search Engines Market: Breakup by End User (in %), 2021
Figure 6: Global: Next Generation Search Engines Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Global: Next Generation Search Engines Market: Breakup by Region (in %), 2021
Figure 8: Global: Next Generation Search Engines (Mobile) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Next Generation Search Engines (Mobile) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Next Generation Search Engines (Desktop) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Next Generation Search Engines (Desktop) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Next Generation Search Engines (Personal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Next Generation Search Engines (Personal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Next Generation Search Engines (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Next Generation Search Engines (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Next Generation Search Engines (Online) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Next Generation Search Engines (Online) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Next Generation Search Engines (Offline) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Next Generation Search Engines (Offline) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: North America: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: North America: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: United States: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: United States: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Canada: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Canada: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Asia-Pacific: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Asia-Pacific: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: China: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: China: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Japan: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Japan: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: India: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: India: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: South Korea: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: South Korea: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Australia: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Australia: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Indonesia: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Indonesia: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Others: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Others: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Europe: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Europe: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Germany: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Germany: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: France: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: France: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: United Kingdom: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: United Kingdom: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Italy: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Italy: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Spain: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Spain: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Russia: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Russia: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Others: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Others: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Latin America: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Latin America: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Brazil: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Brazil: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Mexico: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Mexico: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Middle East and Africa: Next Generation Search Engines Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Middle East and Africa: Next Generation Search Engines Market: Breakup by Country (in %), 2021
Figure 68: Middle East and Africa: Next Generation Search Engines Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Global: Next Generation Search Engines Industry: SWOT Analysis
Figure 70: Global: Next Generation Search Engines Industry: Value Chain Analysis
Figure 71: Global: Next Generation Search Engines Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Next Generation Search Engines Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Next Generation Search Engines Market Forecast: Breakup by Platform Type (in Million US$), 2022-2027
Table 3: Global: Next Generation Search Engines Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 4: Global: Next Generation Search Engines Market Forecast: Breakup by Distribution Channel (in Million US$), 2022-2027
Table 5: Global: Next Generation Search Engines Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Next Generation Search Engines Market: Competitive Structure
Table 7: Global: Next Generation Search Engines Market: Key Players


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Key Questions Answered in This Report

The global next generation search engines market was valued at US$ 10.5 Billion in 2021.

We expect the global next generation search engines market to exhibit a CAGR of 14.47% during 2022-
2027.

The growing popularity of next generation search engines, such as voice assistants, over text searches,
owing to their higher convenience level and faster search rate, is primarily driving the global next
generation search engines market.

The sudden outbreak of the COVID-19 pandemic has led to the rising adoption of next generation search
engines across numerous sectors to make information retrieval faster and easier, particularly in the e-
commerce sector for hassle-free online shopping experiences.

Based on the platform type, the global next generation search engines market can be segmented into
mobile and desktop. Currently, mobile holds the majority of the total market share.

Based on the end user, the global next generation search engines market has been divided into personal
and commercial, where the commercial sector currently exhibits a clear dominance in the market.

Based on the distribution channel, the global next generation search engines market can be categorized
into online and offline. Currently, online channel accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global next generation search engines market include Alibaba Group,
Amazon.com Inc., Apple Inc., Ask.com (IAC), Baidu Inc., Duck Duck Go Inc., Facebook Inc., Google LLC
(Alphabet Inc.), Microsoft Corporation, and Yahoo (Verizon Communications Inc.).

Some of the major players in the global next generation search engines market include Alibaba Group,
Amazon.com Inc., Apple Inc., Ask.com (IAC), Baidu Inc., Duck Duck Go Inc., Facebook Inc., Google LLC
(Alphabet Inc.), Microsoft Corporation, and Yahoo (Verizon Communications Inc.).

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