Is ChatGPT stealing Google's search market share ?

It is true that there has been a decline in the number of people using Google Search since the introduction of ChatGPT. While ChatGPT has gained popularity in recent months .

A recent survey found that 25% of respondents said they were using ChatGPT instead of Google Search, and that number is expected to grow in the coming months.

There are a number of reasons for this decline. ChatGPT is more natural and conversational than Google Search, and it is able to provide more personalized results. Additionally, ChatGPT is constantly being improved, while Google Search has been largely stagnant in recent years.

A report from BofA argues that Google's search market share is down ever so slightly and attributes that to ChatGPT. Google is losing market share in search, if ever so slightly, Bank of America said recently.

ChatGPT does have some strengths that could help it to gain market share in the future. For example, it is able to provide more natural and conversational responses to user queries. However, it is not yet clear whether these strengths will be enough to overcome Google's advantages.

As a result of these factors, it is likely that ChatGPT will continue to gain market share from Google Search in the coming months. However, it is important to note that Google Search is still the most popular search engine in the world, with over 90% of the market share. It is unlikely that ChatGPT will be able to completely replace Google Search, but it is certainly a threat to its dominance.

It will be interesting to see how Google responds to this challenge. The company has a number of resources at its disposal, and it is likely to invest heavily in improving its search engine. However, it is not clear whether it will be able to catch up to ChatGPT, which has a number of advantages.

Only time will tell whether or not ChatGPT will be able to dethrone Google Search as the king of search engines. However, it is clear that ChatGPT is a major threat to Google's dominance, and the company will need to take steps to address this challenge.

S Mohini Ratna Editor  VARINDIA