Share, Size, Scope, Demand, Growth & Forecast – UK Parents Lounge
According to the latest report from the IMARC group âNext Generation Search Engine Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2021-2026âThe global next-generation search engine market has shown strong growth over the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 18% during 2021-2026.
Next Generation Search Engines refer to advanced search engines integrated with new technologies, including AI capabilities and voice and image based search. They provide an advanced model for finding information, which allows consumers to get working information about their queries. Next-generation search engines help people get things done through an intuitive interface in connected homes and cars. Google Assistant, Alexa, Google lens are some of the commonly used new generation search engines which are gaining ground among consumers.
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Note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.
The global next generation search engine market is primarily driven by the increasing adoption of advanced technologies such as deep neural networks, machine learning, and AI. They can be customized according to the end user and therefore are used in various industrial sectors such as retail, BFSI and healthcare. Ever-evolving semantic search capabilities, web technologies, and the flow of information available on the internet are transforming the search engine landscape. In addition to this, the growing number of internet users and the increasing penetration of smartphones are driving the advancements in voice-activated capabilities of devices, which in turn is propelling the growth of the market. In addition, the introduction of self-service and personalization options in these search engines is expected to significantly influence their adoption in the years to come.
Breakdown by type of platform:
Breakdown by end user:
Breakdown by distribution channel:
Market breakdown 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 with Key Player:
- 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.).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are constantly monitoring changes in the markets, as well as the industrial behaviors of consumers around the world and our estimates on the latest market trends and forecasts are made afterwards. examining the impact of this pandemic.
If you want the latest primary and secondary data (2021-2026) with cost module, business strategy, distribution channel etc. Click on request a free sample report, the published report will be emailed to you in PDF format within 24 to 48 hours of receipt of payment in full.
The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.
IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and new processing methods are at the top of the market. business expertise.
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