Internet Search Portals Global Market Sees Growth Rate Of 18% Through 2022

The global internet search portals market size is expected to grow from $189.00 billion in 2021 to $223.69 billion in 2022 at a compound annual growth rate (CAGR) of 18.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $418.89 billion in 2026 at a CAGR of 17.0%.

What is the Global Internet Search Portals Market?

The internet search portals market consists of sales by entities (organizations, sole traders, or partnerships) that operate websites that provide a search engine to generate and maintain extensive databases of Internet addresses and content in an easily searchable format. This industry includes internet search websites and covers other additional internet services such as e-mail, connections to other websites, auctions, news, other limited content and serves as a home base for internet users. Only goods and services traded between entities or sold to end consumers are included.

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What drives the Global Internet Search Portals Market?

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. 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.

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Global Internet Search Portals Market Segments
The global internet search portals market is segmented:
By Website: Operating Websites, Internet Search Websites, Others
By Application: Personal, Commercial
By Distribution Channel: Online, Offline
By Geography: 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.

Internet Search Portals Global Market Report 2022provides market size and growth forecasts for the global internet search portals market, global internet search portals market share, internet search portals market segments and geographies, internet search portals market competitive landscape including leading competitors’ revenues, profiles and market shares. The internet search portals market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Internet Search Portals Industry Playersinclude Google, Baidu, Inc., Softbank Group Corp., Naspers, Naver Corporation, Yandex N.V., Sogou, Inc., and Mail.Ru Group. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.