2024 Search Engine Market Share

Key Takeaways

-Google has 10.6x more market share of search engine than the five other market leaders combined.
-Bing accounted for 3.77% of the global search market across all devices, while market leader Google held a search traffic share of around 90.83%.
-Yandex's market share was 2.16%, while Yahoo represented around 1.20%.
-Baidu and DuckDuckGo accounted for a combined market share of less than 2% with each Search engine holding under 1% individually.

Google's 90.83% market share is a stark reminder of its monopoly. The more we use it, the better it gets. Competitors like Bing and Yandex are struggling to catch up, with just 3.77% and 2.16% market share respectively revealing a widening gap between Google and its competitors.
Baidu and DuckDuckGo's combined market share of less than 2% highlights the immense challenge they face in competition. With each holding under 1% individually, they struggle to attract users creating a cycle of decline.

Source:

Business research insight

Period:

2024
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South Africa leads as Africa’s digitally delivered services exports hit $41.3 billion in 2024, less than 1 percent of the world total
  • Africa exported $41.3 billion in digital services in 2024, less than 1 percent of the world total.
  • South Africa was the continent’s top exporter with $7.05 billion.
  • Morocco ($6.74 billion) and Ghana ($5.18 billion) followed closely.
  • Egypt ($4.03 billion) and Mauritius ($3.53 billion) also ranked among the top five.
  • The top five countries together made up about two-thirds of Africa’s exports.

For every $1 Nigeria earned from exporting digital services between 2005 and 2024, it spent almost $10 on imports
  • Nigeria exported $10.81 billion in digital services between 2005 and 2024.
  • Imports during the same period reached $105.34 billion.
  • The result was a trade deficit of $94.53 billion over 20 years.
  • Exports rose from just $40 million in 2005 to $1.55 billion in 2024.
  • Imports were almost ten times larger than exports, showing a persistent imbalance.

South Africa dominates Africa’s data centre scene with a total of 320 Mega watts capacity across two data centres
  • Teraco in South Africa is Africa’s largest data centre with 200 MW capacity.
  • Nigeria follows with a combined 110 MW from Rack Centre and MainOne.
  • Kenya leads East Africa with a 50 MW facility by Liquid Intelligent Technologies.
  • Morocco’s 40 MW Maroc Datacenter tops North Africa.

Only 16 African countries have launched national AI strategies as of July 2025
  • Just 16 out of 54 African countries have launched a national AI strategy.
  • Over 30 countries remain at the early or inactive stage with no clear roadmap.
  • Nigeria, Africa’s most populous nation, is still drafting its AI policy.
  • Leaders include Kenya, Egypt, Ghana, Algeria, Rwanda, and Senegal.
  • Most low-income and post-conflict states like Chad, Somalia, and South Sudan are far behind.

Meta earns $16.6B profit as Q1 2025 revenue hits $42.3B, over 3× Q1 2018, with half from outside the U.S., Europe & Asia-Pacific.
  • Meta’s revenue reached $42.3B in Q1 2025, more than triple its Q1 2018 revenue, marking a steep and sustained growth curve.
  • Net income surged to $16.6B, its highest in a first quarter, reflecting efficient cost structures and monetisation strategies.
  • The U.S. alone contributed 26.1% of this revenue, followed by Asia Pacific (15.8%) and Europe (7.4%).
  • The “Rest of the World” brought in over 50% of Meta’s total revenue, highlighting a growing influence from emerging markets, including Africa.

The United States of America hosts over 3,700 data centres, 8× more than any other country as of May 2025
  • The U.S. dominates globally with 3,757 data centers, more than 8× any other country in the top 10.
  • Germany and the U.K. follow distantly with 443 and 428 data centres, respectively.
  • No African country makes the top 10, emphasising the infrastructure gap.
  • Africa's top three show modest but notable progress: South Africa ranks 36th (49 data centres), Kenya 54th (18), and Nigeria 56th (16).

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