Next Generation Search Engines Market Report by Platform Type (Mobile, Desktop), End User (Personal, Commercial), Distribution Channel (Online, Offline), and Region 2024-2032

Next Generation Search Engines Market Report by Platform Type (Mobile, Desktop), End User (Personal, Commercial), Distribution Channel (Online, Offline), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A4326
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Market Overview:

The global next generation search engines market size reached US$ 13.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 38.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.8% during 2024-2032.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 13.6 Billion
Market Forecast in 2032
US$ 38.3 Billion
Market Growth Rate 2024-2032 11.8%


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 at the global, regional and country level from 2024-2032. 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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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, Yahoo (Verizon Communications Inc.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
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)

Key Questions Answered in This Report

The global next generation search engines market was valued at US$ 13.6 Billion in 2023.

We expect the global next generation search engines market to exhibit a CAGR of 11.8% during 2024-2032.

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.).

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Next Generation Search Engines Market Report by Platform Type (Mobile, Desktop), End User (Personal, Commercial), Distribution Channel (Online, Offline), and Region 2024-2032
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