AI-integration now seems a must for all search engines, especially Google, if it wants to hold on to its position. The future is AI after all!! #Google #AI #searchengines
Is Google's search engine dominance under threat? Google’s dominance over the search engine market may be slipping. According to the data by GS Statcounter as of April 2024, the search engine giant's global market share has fallen to 86.99%, a record low in the last several years. It also revealed a sharp 4% decline in just one month, the largest drop recorded. In the US, Google's market share dropped by nearly 10%, down to 77.52%. On the other hand, its rivals, like Microsoft Bing and Yahoo Search are enjoying drastic surges in their respective market shares. Bing had a whopping 13% market share in the US, while Yahoo nearly tripled its global share to 3.06%, something that we didn't see after 2015. It is also believed that Google is facing stiff competition from social media platforms. Studies conducted by Google itself suggest that nearly 40% of Gen Z use TikTok and Instagram instead of Google. Further, the rise of generative AI, led by platforms, such as ChatGPT, may also be competing for a spot in Google's list of rivals. While there's no official confirmation of the same, the discovery of SSL certificates for a new domain, "search. chatgpt. com," has sparked such speculations. Considering all these data, it can be said that Google's near-monopoly may be facing a formidable competition, if ChatGPT enters the search arena. Although Google's Gemini chatbot is struggling to stay on par with the latest developments, ChatGPT's current popularity may be tough to surpass. So, is Google losing its ground gradually? Fortunately, NO! According to The Register (https://lnkd.in/g_3Tq5n6) Stat Counter apparently accepted that there was some kind of an anomaly in its April sample data, leading to such dramatic speculations. Until the anomaly has been cleared, it will not be publishing any data for the time. Such a relief, right? However, there's no doubt about one thing though. "Search" is changing! It might not be today, but if Google doesn't buckle up soon and do something to revolutionize its search procedures by integrating AI-powered search, that day is probably not far when this would ACTUALLY HAPPEN without any data anomaly. #google #ai #seo