Google (GOOG) is a technology plc whose mission is to “organize the world’s information and make it universally accessible and useful.” Founded in 1998 and headquartered in Mountain Vision, Calif., the company has grown to become one of the most innovative companies in the modern technological age. Since Google was broken out into Google, Inc. and the source company Alphabet, Inc., the company has only continued to grow, touching sectors from its traditional search engine to advertising, skill, entertainment, and autonomous vehicles, just to name a few. Due to its cross-cutting products and services, Google’s competitors vary.
Google’s Opponents: Search
In the online search arena, Google is nearly a monopoly with over 94% of the online search bulk and market. This leaves little room for competitors trying to outsmart and outperform the search engine, which produces its revenue through ads. The second largest search engine and the main competitor to Google is Yahoo (AABA), which has a 2.32% buy share as of October 2018.
Other companies considered to be Google’s main competitors include technology giant Microsoft’s search machine, Bing, as well as Internet pioneer and media company AOL. It should be noted that in other countries such as China, Google is boycotted from conducting business; there, the number one search engine is Baidu, which controls 76.05% of the market interest.
Google’s Competitors: Entertainment
After acquiring YouTube back in 2006 for $1.65 billion, Google has ramped up the pastime and video content platform. In 2019, YouTube brought in $15.15 billion in advertising revenue. That was a 36% year-over-year better, making the acquisition well worth the money.
Since the demand for online streaming platforms and services has grown in the over and done with few years, YouTube’s main competitors include Netflix, Hulu, Vimeo, Walt Disney Company, and other pleased streaming platforms. However, depending on how you classify it, YouTube also competes for eyeballs with social media party lines including Facebook, Instagram, Twitter, and LinkedIn.
Google’s Competitors: Autonomous Vehicles
Waymo, otherwise known as Google’s autonomous instrument project, has been one of the most mysterious yet buzzed-about subdivisions of Google. Empowered by the idea of creating a world that could be altered by self-driving cars, Waymo has reiterated itself since 2009 to launch a safer vehicle that can reduce shipping accidents and reshape urban transportation. In this competitive and highly-secretive space, Google competitors include Uber’s own self-driving lob, Zoox, Nissan, Tesla, Renault, and others.
Google’s Competitors: Technology Industry At-Large
In the other revenues partition, Google competes with database pioneer and technology services giant Oracle, software company PTC, semiconductor mammoth Intel, independent software company CA Technologies, software company Compuware, American semiconductor company EMC, software fellowship Red Hat, and network optimizer F5 Networks. Other Google competitors in this segment include IP protocol device manufacturer Cisco Structures, multinational technology company Hewlett-Packard, computer security company Symantec, risk management and bond rating establishment Moody’s Investor Services, American technology icon IBM, cloud computing and customer relationship company Salesforce, and Microsoft, number others.