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Google Reaffirms Hegemony Over Search Market

Google reaffirmed its hegemony over search market by acquiring 71.6% of the search market. This recovery has made search engine optimization in UK once again Google centric.

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SEO Company UK
SEO Company UK
PRLog (Press Release) - Oct 23, 2009 -
After facing some initial set backs from Bing, Google has proved its hegemony over the search market once again. In the recent survey done by Business Week, Google's has 71.6% share of the search market while Bing has only 9.3%. Bing, the joint venture of Microsoft and Yahoo has created several initial setbacks for Google. However, the increasing popularity of Bing is creating pressure on the strategies adopted by Goggle and search engine optimisation companies in the UK.
   
Reacting to the current market share growth, Eric Schmidt, Google chief executive, commented “the worst is behind us”. He also added that in terms of the advertising recession Google is witnessing “aspects of recovery” in both the UK and rest of Europe. Unlike Microsoft which has resorted to cost cutting measures, Google has augmented its hiring rate and investment in anticipation of that recovery trend prevailing in the search market. Shares in Goggle rose by $10.94 to $509.68 during the third quarter of 2008-09.
   
Bing was launched with great fanfare in June 2009. Initially it shown great promise by acquiring 11.4% of the search market in the first month. Even some internet marketing strategists of UK predicted that Bing is the next big thing in the search market and a mighty contender of Google.  Though Microsoft has pumped $80m in advertising, Bing failed to maintain its market share. According to industry insiders, simplicity of Google search and latest innovations added to the list are the major factors behind Google’s recovery. As a result, Search engine Optimization in UK is going to be once more Google-centric.

For more information visit http://www.portalseo.co.uk

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Portal SEO Ltd.
Suite 118
Courthill House
60 Water Lane
Wilmslow
Cheshire
SK9 5AJ
T 0845 017 1919
F 0845 032 8000
info@portalseo.co.uk
http://www.portalseo.co.uk

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Issued By:Paul
Phone:0845 017 1919
Fax:0845 032 8000
Address:Suite 118 Courthill House 60 Water Lane
Zip:SK9 5AJ
City/Town:Wilmslow
State/Province:Cheshire
Country:United Kingdom
Industry:Internet
Tags:, , ,
Last Updated:Oct 23, 2009
Shortcut:http://prlog.org/10385973
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