Tuesday, July 5, 2011

Google's Chrome Tops 20% Of Browser Market Share In June

Google chrome
Google Inc.'s (GOOG) Chrome Internet browser snatched more than 20% of worldwide browser market share in June, according to website analytics company StatCounter, a sharp rise from 2.8% recorded in June 2009.

At the same time, rival Microsoft Corp.'s (MSFT) Interet Explorer browser has edged down to 44% of the market from 59% and Firefox dropped to 28% from 30%.

"It is a superb achievement by Google to go from under 3% two years ago to over 20% today," said StatCounter Chief Executive Aodhan Cullen. "While Google has been highly effective in getting Chrome downloaded, the real test is actual browser usage which our stats measure."

In the U.S., Chrome has risen to 16% of the browser market, while Internet Explorer dominated at 47% and Firefox has 25%.

Google, long dominant in the Internet-search engine market, originally built Chrome in part because of concerns that existing browsers would fail to support its Web services or steer users away from its search engine.

Shares of Google, which closed Thursday at $506.38, were recently up 0.2% in premarket trade. The stock is down 15% since the start of the year.

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