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Next Generation Search Engine Market Value Projected to Expand by 2031

09-30-2024 09:53 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Next Generation Search Engine Market Value Projected to Expand

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.

To Request a Sample of our Report on Next Generation Search Engine Market:  https://www.omrglobal.com/request-sample/next-generation-search-engine-market

Market Coverage

The market number available for - 2022-2031
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

A full Report of Next Generation Search Engine Market is Available @  https://www.omrglobal.com/industry-reports/next-generation-search-engine-market

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.)

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/next-generation-search-engine-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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