In context: Google retains a commanding lead over its rivals because the world’s hottest search engine regardless of a myriad of privacy-related controversies, a number of antitrust investigations, and different points. As of October 2023, the corporate reportedly had an 88.07 p.c market share within the US, which is increased than the 86.75 p.c share it had throughout the identical interval final 12 months.
The report comes from StatCounter, which suggests Bing stays the second-most standard search engine with a 6.89 p.c market share, whereas Yahoo, DuckDuckGo, Yandex, and AOL languish on the backside. The scenario is much more skewed globally, with Google commanding a 91.55 p.c market share in October 2023, whereas Bing may solely muster 3.11 p.c. Microsoft’s search engine had a 3.59 p.c market share throughout October 2022, that means it slipped additional over the previous twelve months.
Bing’s market share stays unimpressive regardless of the mixing of ChatGPT, which was alleged to problem Google’s dominance in seek for the primary time in additional than 20 years. Microsoft’s partnership with OpenAI despatched shock waves by Google and hammered its inventory costs, however because it seems, doomsday predictions concerning the ChatGPT-Bing partnership consuming into Google’s market share have been extremely overblown.
In keeping with the info, Bing’s market share really lowered over the previous twelve months globally in addition to within the US, the place it dipped from 7.4 p.c to six.89 p.c between October 2022 and October 2023. If the info is something to go by, not solely is Bing failing to eat Google’s lunch, it’s really dropping market share regardless of its AI smarts.
Ever for the reason that public launch of ChatGPT final 12 months, Microsoft has built-in it into lots of its services and products. Lately, the corporate launched Home windows Copilot, which resides as a button on the Home windows 11 Taskbar, and clicking on it allows Bing Chat, permitting customers to ask questions and provoke instructions. Nonetheless, media reviews recommend that it’s removed from the polished product that Microsoft would have you ever consider.
Given the present state of Bing Chat, it’s unlikely that it is going to be in a position to snatch away market share from Google any time quickly, and with Google’s personal Bard AI anticipated to catch as much as ChatGPT sooner fairly than later, it’s prone to stay the search chief globally for the foreseeable future.