GVR Report cover Search Engine Optimization Services Market Size, Share & Trends Report

Search Engine Optimization Services Market Size, Share & Trends Analysis Report By Type Of Entity, By Size Of Client Firm, By End-User, By Region, And Segment Forecasts, 2022 To 2030

  • Report ID: GVR453284
  • Number of Pages: 0
  • Format: Electronic (PDF)

The global Search Engine Optimization services market size will observe an appreciable growth in the light of the heightened demand to boost organic visibility. Organizations have upped their efforts on Search Engine Optimization (SEO) services to augment their return on investment (RoI). SEO tools have witnessed increased popularity to expand the target audience and increase brand awareness.

SEO solutions and services help boost the number of visitors to a website with organic search results, such as Bing and Google. Some SEO elements, such as backlink building, keyword analysis, and content creation, have become a leading force in the industry. For instance, building backlinks have become instrumental in enhancing credibility. Besides, building trust organically could help foster SEO services. SEO has become invaluable for businesses to provide a competitive edge. Companies are cashing in on the tool to assess strengths and weaknesses, and manage online reputation.

Global Search Engine Optimization (SEO) Services Market Segmentation

Details

Segments

Type Of Entity

Freelancers SEO Services, Agencies SEO Services

Size Of Client Firm

Small And Medium Enterprises (SMEs), Large Enterprises

End-User

IT Services, Professional Services, Hospitality, E-commerce, Real Estate, Recreation

Region

North America, Europe, Asia Pacific, Latin America, MEA

 

Industry players are poised to prioritize search engine results pages (SERPs) to boost traffic and click-through rate (CTR). The CTR alludes to the frequency and number of clicks the website garners when shown on search results pages. Over the years, SEO has emerged as one of the most fruitful and effective ways to boost profit and revenue.

In terms of the type of entity, the global market is segmented into freelancers’ SEO services and agency SEO services. Stakeholders anticipate the SEO agency to exhibit noticeable growth as it helps companies boost web visibility. SEO agencies have also demonstrated traction for smart speakers and AI, among others. The expanding application of AI with automation could allow companies to introduce innovative strategies to build creative content.

Moreover, smart speakers have become a compelling portfolio to keep up with the trend of voice assistants. The need for voice search optimization has become pronounced to propel local traffic and help users multitask. With more gadgets counting on voice, SEO agencies are expected to appreciate the new trend over the next few years.

The e-commerce sector has become the major market for SEO service providers globally. An increasing need to generate organic traffic and boost sales will prompt e-commerce players to inject funds into SEO solutions and services. E-commerce companies are expected to count on SEO software and services to propel lead quality. Optimization of e-commerce sites will gain a foothold through product-emphasized keywords, quality blog content, and assessment of buyer intent, among others. Specifically, e-commerce companies could focus on transactional keywords that could lead people to buy and have high conversion rates.

Hotel businesses are slated to prioritize SEO to enhance customer loyalty, bolster brand awareness, propel organic traffic, and improve the sales funnel. The onset of the COVID-19 pandemic compelled the hospitality sector to shift online. The penetration of SEO tools providers, including Google My Business and Ahrefs’ Broken Link Checker, could be noticeable. Investments in SEO services could help hotels to introduce customer-focused services.

Asia Pacific Search Engine Optimization (SEO) services market share is likely to be pronounced on the back of the exponential growth of smartphones and burgeoning data consumption. The growing footprint of electronic devices has spurred search portals and web content. According to a study cited in the World Economic Forum in April 2022, global internet users spent an average of 2 hours and 27 minutes per day on social media. Furthermore, the rising expansion of IT services, e-commerce and hospitality sectors will solidify the position of Asia Pacific in the global landscape.

Prevailing trends indicate industry participants could foster organic and inorganic strategies to boost their presence. Some industry dynamics, such as innovations, technological advancements, mergers & acquisitions, and product rollouts, could be noticeable in the ensuing period. To illustrate, in July 2022, You raised USD 25 million to propel its search engine that uses AI to rank the result, assess the search queries, and parse the queries in various languages.

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