Gideon Gartner Gideon Gartner

Market Note: High-Purity Crystalline Silicon Market

Strategic Planning Assumption

The high-purity crystalline silicon market will maintain a CAGR of 10-12% through 2030, reaching a combined size of USD 60-65 billion, with an 80% probability, driven by the proliferation of renewable energy, electric vehicles, and 5G, tempered by sustainability challenges, geopolitical risks, and competition from emerging wide bandgap semiconductors like GaN and SiC.

Read More
Gideon Gartner Gideon Gartner

Government Note: Kamala’s Administration Needs A Sovereign Wealth Fund

Recommended soundtrack: James Brown

Executive Summary: Sovereign Wealth Fund for Startup Equity and Tax Relief

Bottom Line

Tax relief requires profits. Equity drives innovation. A sovereign wealth fund taking a 24.9% equity stake in AI startups under a Harris administration could drive innovation, generate tax relief funding, and provide crucial government insight into AI development, balancing public interest with private sector dynamism.

Read More
Gideon Gartner Gideon Gartner

Market Note: Search Engines

Search Engine Market Size Estimates

The search engine market encompasses several interconnected segments, each contributing to its substantial size and growth. As of 2023, global search advertising revenue, the largest component of this market, was estimated at $260.58 billion, with projections suggesting it could reach $359.80 billion by 2028, growing at a compound annual growth rate (CAGR) of 6.66%.

The SEO services market, another crucial segment, was valued at approximately $68.1 billion in 2023 and is expected to experience rapid growth, potentially reaching $134.26 billion by 2026, with an impressive CAGR of 20.7%.

Additionally, the enterprise search market, while smaller, is also showing strong growth potential, estimated at $3.8 billion in 2020 and projected to reach $8.9 billion by 2027, growing at a CAGR of 12.5%.

The emerging insight engines market, valued at $1.67 billion in 2022, is expected to grow to $4.12 billion by 2027, with a CAGR of 19.8%.

It's important to note that while these figures represent different aspects of the search market, they shouldn't be simply added together to calculate the total market size due to potential overlaps. Nevertheless, they collectively illustrate the substantial economic impact and growth trajectory of the search engine industry, driven primarily by major players like Google in the search advertising space.

Read More

GartnorGroup

Sign up for GartnorGroup’s newsletter