What is the current market size and future outlook for the internet search portals market?
The internet search portals market size has grown rapidly in recent years. It will grow from $298.29 billion in 2024 to $341.73 billion in 2025 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to resource exploration needs, energy sector requirements, infrastructure development, government investments, risk mitigation & disaster planning.
The internet search portals market size is expected to see rapid growth in the next few years. It will grow to $552.3 billion in 2029 at a compound annual growth rate (CAGR) of 12.8%. The growth in the forecast period can be attributed to data analytics advancements, renewable energy expansion, remote sensing technologies, resilience planning & disaster management, space exploration & planetary geophysics. Major trends in the forecast period include advanced sensor integration, increased use of unmanned aerial vehicles, climate-resilient infrastructure studies, data visualization technology advancements, adoption of big data and cloud computing.
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How has the internet search portals market evolved, and what factors have shaped its growth?
Rising mobile internet utilization is expected to fuel the market growth of the internet search portals market during the forecast period. Mobile devices are gaining importance for accessing the internet over desktop computers due to the ease of use and portability that mobile devices offer to consumers. According to the World Advertising Research Center (WARC), 2 billion people currently access the internet via only their smartphone, which equates to 51% of the global base of 3.9 mobile users. In 2020, US adults spent an estimated 470 minutes (seven hours and 50 minutes) per day with digital media. In August 2022, according to Oberlo, 59.4% of all the web traffic came through mobile phones. With improving mobile technology about 58% of 18-29 years old and 47% of 30-49 years old of the US access internet using their smartphones. Thus, increasing mobile internet utilization is expected to increase online traffic and thereby will drive the growth of internet search portals.
What are the major segments of the internet search portals market?
The internet search portals market covered in this report is segmented –
1) By Website: Operating Websites, Internet Search Websites, Other Websites
2) By Distribution Channel: Online, Offline
3) By Application: Personal, Commercial
Subsegmnents:
1) By Operating Websites: Corporate Websites, E-commerce Platforms, Business Directories
2) By Internet Search Websites: General Search Engines, Specialized Or Vertical Search Engines (Travel, Real Estate, Healthcare)
3) By Other Websites: Social Media Platforms, Entertainment Websites, Educational Portals
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Which companies dominate the internet search portals market?
Major companies operating in the internet search portals market include Google, Baidu Inc., Softbank Group Corp., Naspers Limited, Naver Corporation, Yandex N.V., Sogou Inc., Mail.Ru Group., Yahoo, Coc Coc search, Yandex, Sina Corporation, Newegg Commerce Inc., Instacart, Shutterfly LLC, Sabre Corporation, Kaplan Inc., Endurance International Group, 58.com, Copart Inc., CDK Global Inc., Jacksonvill, Meta, Naver, NetEase, Netflix, Sogou, Tencent, Twitter
Which transformative trends will shape the internet search portals market landscape?
Major companies operating in the internet search portals market are focusing on innovative AI technologies such as Search Generative Experience (SGE) to improve the quality of search results. Search Generative Experience (SGE) is an experimental version of Google Search that integrates artificial intelligence answers directly into results. For instance, in May 2023, Google LLC, a US-based technology company, launched Search Generative Experience (SGE), an experimental version of Google Search that integrates artificial intelligence answers directly into results. This means that instead of just providing a list of links to websites, SGE can also provide summaries of key information, answer questions, and generate creative text formats of text content. This AI search engine has the potential to make it easier and faster for people to find the information they need online.
How do regional factors impact the internet search portals market, and which region is the largest contributor?
Asia-Pacific was the largest region in the internet search portals market in 2023. Africa is expected to be the fastest growing region in the global internet search portals market forecast period. The regions covered in the internet search portals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Internet Search Portals Market Report 2025 Offer?
The internet search portals market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
An internet search portal refers to a specifically created website that frequently functions as the only point of entry for information.
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