SEO Software Market to Reach US$89.2 Billion by 2029: Cognitive Market Research
According to an analysis by Cognitive Market Research, the global SEO software market will be worth US$47.8 billion in 2021 and US$89.2 billion in 2029, growing at a CAGR of 8.4% from 2022 to 2029.
Read the full report with table of contents:
Search engine optimization (SEO) software is an online platform that monitors, organizes, and analyzes data related to a website’s performance on search engines. This software helps improve your website’s ranking on search engine result pages (SERPs) and gives you a snapshot of your website’s performance on the search engines for your top-priority key phrases. Some of the key factors driving the growth of the SEO software market are rising internet penetration, robust use of smartphones, and increasing internet connectivity. Moreover, increasing urbanization and increasing adoption of digitalization are fueling the growth of the market. In addition to this, the increasing use of digital assistants and voice search has changed the way modern people interact with online searches, and advances in artificial intelligence (AI) are supporting the growth of his SEO software market.
Regional Analysis For SEO Software Market:
•North America will account for a large market share in 2021 and is projected to grow during the forecast period of the analysis. This is due to the growing internet penetration, increasing broadband internet subscriptions, and increasing deployment of his SEO software in small, medium and large organizations in the region, which is driving the demand for the bedding market in the region. attributed to the main factors driving
The major players involved in this SEO software market are:
• SEM Rush
• word stream
• KW finder
• SEO Quak
• Pro rank tracker
• SE ranking only
• White Spark
• Bright Local
Manufacturer’s current trends:
• Ahrefs releases key keyword data update
In February, Ahrefs released a major keyword data update. Clients have access to his 70% larger database of international search queries, refined search volume accuracy and a new unique her SEO metric, Traffic Potential.
• Microsoft Bing search engine integrates artificial intelligence in OpenAI’s ChatGPT chatbot
In January 2023, Microsoft planned to update the Bing search engine with the artificial intelligence of OpenAI’s ChatGPT chatbot technology. You can answer search queries with complete sentences instead of providing a list of links. This new feature is intended to give Microsoft a competitive edge over Google.
• BrightEdge acquires technical SEO platform Oncrawl.
In February 2022, BrightEdge acquired technical SEO platform Oncrawl. The acquisition will allow BrightEdge to perform advanced data scientist tasks on his website analytics, complementing the work he already does on the platform.
• Similarweb Acquires SEO & Rank Tracking Company Rank Ranger
In May 2022, Similarweb acquired Rank Ranger, an SEO and rank tracking company. The acquisition will enable Israel-based digital intelligence provider Tel Aviv to offer term rank tracking along with keyword research and analysis tools.
• Desktop users
• Mobile users
Desktop users are expected to grow at the largest CAGR in 2021, holding a large market share. This is because the majority of SEO services are designed for desktop platforms, as most people access search engines on their desktops.
By function type
• Keyword Tool
• Ranking tool
• Website audit tools
• Analysis tools
By deployment type
Cloud-based deployments maintained a large market share in 2021. Cloud-based deployments reduce the initial capital expenditure of on-premises servers and hardware, and are scalable and flexible on your budget.
By company size
• Small and medium-sized enterprises
• large company
• Government agency
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Cognitive market research
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About the cognitive market research firm:
Cognitive Market Research has evolved into a leading market research and consulting firm, providing services across multiple domains. Cognitive Market Research collects and analyzes data on customers, competitors, distributors and other market participants and operates across the value chain. As a market research firm, we follow a complete process of gathering information on target markets and end-use industries to validate a product or service’s complete journey in the global market. It helps readers understand the demand and viability of a product/service and how it works in the real world, and build their business strategies accordingly.
This release was published in openPR.