Global Market Report 2023 for SEO Services: The Global Search Engine Optimization (SEO) Services Market is expected to reach $285.72 billion in 2030 at a CAGR (Compound Annual Growth Rate) of 21.7%.
In the year 2020 and 2021 there was pandemic impact on offline businesses resulting closure of commercial activities. During these period business owners realized the power of online market. They are now rearranging their operations and recovering from the COVID-19 impact.
Actually, SEO service market is growing very fast due to drastic increase in the internet users and companies creating website to provide services and to sell their products online.
However, almost 85% people build WordPress website for selling their products online and providing online services but they don’t get their customers as expected. This is because of low organic traffic and lack of knowledge in Search Engine Optimization. Here SEO agencies comes to play their role.
SEO organisations, freelancers, consultants, and agencies advise their clients in optimizing their websites and their contents to enhance the web pages visibility in SERPs (Search Engine Results Pages). Those clients may be individual like you, Small and Medium Enterprises (SMEs) and large enterprises.
Search engine optimization agencies provides SEO advisory services. SEO services market consists of revenues generated from sales of SEO consulting services by SEO agencies. The top SEO agencies are Ignite Visibility, Thrive, Coalition, HigherVisibility, Straight North and Boostability etc.
The most notable SEO factors are backlinks, internal linking SEO and external SEO, content quality and user experience including page experience, Core Web Vitals and Mobile Usability. Most popular online marketing companies are HubSpot.com, Gemius.com, Nend.net, Adtelligent.com and Semrush.com etc.
Report on SEO Services Market
Table showing Search Engine Optimization (SEO) services market from the year 2021 to 2030 at expected Compound Annual Growth Rate (CAGR) of 21.7%.
| Year | Expected SEO Service Market |
|---|---|
| 2021 | $48.79 billion |
| 2022 | $59.38 billion |
| 2023 | $72.26 billion |
| 2024 | $87.94 billion |
| 2025 | $107.03 billion |
| 2026 | $130.25 billion |
| 2027 | $158.52 billion |
| 2028 | $192.91 billion |
| 2029 | $234.78 billion |
| 2030 | $285.72 billion |
The SEO market is expected to grow at a compound annual growth rate (CAGR) of 21.7% which was average only 15.9% in last 5 years 2015-20.
You may get detail report providing critical information about global SEO services market which is very useful for marketing managers, webmasters, and senior management. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
SEO service market report covers the following important topics:
- Executive Summary
- Report Structure
- Characteristics
- SEO Services Market Product Analysis
- SEO Services Market Supply Chain
- SEO Services Market Customer Information
- SEO Services Market Trends And Strategies
- Impact Of COVID-19 On SEO Services
- SEO Services Market Size And Growth
- SEO Services Market Regional Analysis
- SEO Services Market Segmentation
Did you know? As per report of Statista, daily time spent with the internet per capita worldwide from 2011 to 2021 are grown up from 75 minutes to 202 minutes. Rising trend in online users gives companies the opportunity to generate more revenue per user. Accordingly, SEO services are indispensable for building online identity.
Specific areas of SEO are On-page SEO, Off-page SEO and Technical SEO. SEO marketing services include:
- Local SEO
- eCommerce SEO
- Voice SEO
- SEO audits
SEO service providers benefits entities by increasing their organic traffics to websites. Search engine optimizer or SEO expert improve your site and save time.
The competition for search traffic is significant amongst major players like Google, Bing, Baidu, Ask and Yahoo. Apple’s fan know that search engine giant Google is the default search engine on Apple’s Safari browser. The payment from Google to Apple may reach $18 to $20 billion in 2022 to ensure Microsoft doesn’t outbid it.
FAQs on SEO Services Market
Following are the Frequently Asked Questions (FAQs) about the Global Search Engine Optimization Services Market:-
Q-1: What is the estimated value of the Global SEO Services Market?
Answer: The Global Search Engine Optimization (SEO) Services Market is estimated to be valued at $59.38 billion in 2022.
Q-2: What is the growth rate of SEO Services Market?
Answer: The growth rate of the Global Search Engine Optimization Services Market is expected to be 21.7%, with an estimated value of $87.94 billion by 2024.
Q-3: What is the forecasted size of the Global Search Engine Optimization Services Market?
Answer: The Global Search Engine Optimization Services Market is estimated to be worth $285.75 billion by 2030.
Q-4: Who are the key companies in the Global Search Engine Optimization Services Market?
Key companies in the Global Search Engine Optimization Services Market include Google, Bing, Baidu and Yahoo.