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Next Generation Search Engine Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Datamatics Global Services Ltd. EdgeVerve Systems Ltd Ephesoft Inc.

10-01-2024 11:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Next Generation Search Engine Market

Next Generation Search Engine Market

Next generation search engine market is anticipated to grow at a considerable CAGR of 14.5% during the forecast period. Next generation 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. Over the last few years, the number of voice searches has increased exponentially. Also, it is becoming less of a novelty and more like a new standard. According to the Google's Official Search Marketing Publication, as of May 2016, 20.0% of searches in the Google App are now done by voice. Therefore, the next-generation search engines are more oriented toward voice-based search engines.

Get Free Sample link @ https://www.omrglobal.com/request-sample/next-generation-search-engine-market

The ongoing developments in deep neural networking, machine learning and other advancement in AI technology are contributing to the growth of the global next generation search engine market. Being a primary consumer-facing application, the growing demand for voice assistance such as Google assistant, and Alexa in several end-user industries such as BFSI, retail, and healthcare has further fuelling the global market. The increasing focus on improving Customer Experience across professional services further drives the market. Enhancing the customer experience can bring rich rewards. Across industries, satisfied customers spend more and stay more loyal over time. By showing empathy with customers and helping to fix their problems, companies like these can tap into a source of tremendous value, find new business opportunities, and shift their operating model over time. However, the growing preference for live person interaction may restrain the market growth.

full report of Next Generation Search Engine Market available @ https://www.omrglobal.com/industry-reports/next-generation-search-engine-market

• Market Coverage
• Market number available for - 2024-2030
• Base year- 2023
• Forecast period- 2024-2030
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Next Generation Search Engine Market Report Segment
By Product
• Mobile
• Desktop

By End-User
• Personal
• Commercial

By Distribution Channel
• Online
• Offline

Global Next Generation Search Engine Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global next generation search engine market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

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

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.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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