Incredible Monetary Worth of Search Industry: A Whopping $780 Billion

According to McKinsey & Company’s recent report “The Impact of Internet Technologies: Search,” interesting facts came out. Analyzing the search pattern in 2010, it says there were at least 1,500 searches performed by an average user. The total volume of searches was a whopping 1.6 trillion globally. The number is just growing because of handheld devices such as tablets and smart phones are plugged to global searches.

search-value

If we try to estimate the gross annual value of searches internationally, the result would be equal to the GDP of a country like Netherlands or Turkey. So, according to that figure every search was worth $0.50, with total annual value of $780 billion in the year 2009. It did not take into account the monetary benefits to the user in terms of money and time saved; otherwise this figure could have been even higher. So the search habits simply have an incredible monetary worth.
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