Business Services Industry

Online search market to grow claims US Bancorp Piper Jaffray

Internet Business News, April 14, 2003

INTERNET BUSINESS NEWS-(C)1995-2003 M2 COMMUNICATIONS LTD

A new report has been published by investment products and services provider US Bancorp Piper Jaffray predicting that the worldwide search market is set to grow.

The company believes that the online search market will increase to around USD7bn by 2007. This represents a rise of USD4.9bn from the USD2.1bn that is expected for the whole of 2003.

The increase will reportedly be driven by the growth of paid-for listings.

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