Market Research Report : Local Search Market in India 2011

11

Click here to load reader

description

For the complete report, get in touch with us at : [email protected] Local search market in India is a common platform for advertising used by business entities. It has an offline and an online category. Local search space provides a platform to the small and medium scale enterprises to advertise with regards to their products and services through local search engines and print directories such as yellow pages. The report begins with the market overview section which discusses the online segment of the local search market in India. It depicts the search marketing revenue. This is followed by the offline local search market section that discusses the market size of yellow pages in terms of volume. The report discusses the business models of players in the online and offline segments of the industry. The report has covered the factors affecting the growth of the offline and online segments of the market. An analysis of the factors driving growth in the offline market includes phone-based local search to dominate and offline local searches being conducted in regional languages. Factors affecting the online segment include proliferation of internet and increasing use of mobile internet. An analysis of the market has identified that profitability for small and local business owners is a common factor driving the growth of the online and offline segment. The factors hindering growth in the offline market include lower acceptance in present corporate culture, global drive towards paperless environment while those for the online category include search engines acting as default sites for local information search, lack of awareness and language barriers, building database around local content. The key trends analyzed in the market include increase in PE/VC investments, local web directories moving towards mobile platform, providing additional services to the users, players entering into joint venture agreements and mobile service providers entering the domain. The competition section provides an overview of the competitive landscape of the online and offline market. It includes a matrix depicting a comparison between some major online and offline players with respect to their services. The section provides the online traffic statistics of the players in the market. It also includes brief profiles of major players in the market.

Transcript of Market Research Report : Local Search Market in India 2011

Page 1: Market Research Report : Local Search Market in India 2011

Local Search Market – India 

June 2011

Page 2: Market Research Report : Local Search Market in India 2011

2LOCAL SEARCH MARKET IN INDIA 2011.PPT

SAMPLE

 

Executive Summary

Drivers – Online: Proliferation of Internet, Increasing use of mobile internet

Drivers – Offline: Phone‐based local search to dominate, Offline local searches can be done in regional languages

Common Drivers: Profitable for small and local business owners

Challenges – Online: Search engines acting as default sites for local information search, lack of awareness and language barriers, building database around local content

Challenges – Offline: Lower acceptance in present corporate culture, global drive towards paperless environment

Market

Drivers & Challenges

Trends

Competition

Online local search involves the use of localized portals that allow users to search for geographically‐constrained results from a database of local listings

Offline local search market include players who provide information through directories or over the phone

Increase in PE/VC investments

Local web directories moving towards mobile platform

Providing additional services to the users

Players are entering into joint venture agreements

Mobile service providers are entering the domain

Includes Company DIncludes Company CIncludes Company BIncludes Company A

Mobile SearchWeb SearchPhone/Voice Search (Call Center based)

Print Directory

Page 3: Market Research Report : Local Search Market in India 2011

3LOCAL SEARCH MARKET IN INDIA 2011.PPT

•Market Overview‐ Online‐ Offline

•Business Model•Drivers & Challenges•Trends•Competition•Key Developments

Page 4: Market Research Report : Local Search Market in India 2011

4LOCAL SEARCH MARKET IN INDIA 2011.PPT

SAMPLE

 

Local search market is expected to grow rapidly as the service is becoming increasingly popular

Market ‐ Overview

India Search Market Overview

Source:

Y%

Z%

Total Web Searches in India

bUnique Searchers ‘000

cSearches Per Searcher

aSearches (mn) 

Search Engine Marketing Revenue 

0

10

20

30INR bn

+g%

20--e

e

20--

d

This provides ample scope for the online local 

search enterprises

Type 2Type 1

•Online local search involves the use of localized portals that allow users to search for geographically‐constrained results from a database of local listings

•Major players have multi‐channel access including phone, web, mobile portals

• Local search engines provide information on a wide range of topics ranging from company addresses to food joints, hospitals, movie theatres etc.

• Advertising is the main source of revenue generation

Page 5: Market Research Report : Local Search Market in India 2011

5LOCAL SEARCH MARKET IN INDIA 2011.PPT

SAMPLE

 

Offline local search is becoming common among consumers

Market Overview

Source:

•Offline local search primarily includes print 

directory and phone based searches

•In FY20‐‐, around x mn copies of yellow pages 

were sold across India 

•Chief source of revenue is advertisement fees paid 

by the business entities

•Offline local search market include players who provide information through directories or over phone

•Local directories provide information about various topics ranging from industries to movies to restaurants

•Most of the offline local search players are present in the online categories as well

•Of late, phone based local searching is gaining tremendous popularity among the urban population

h%

i%

Others

Company Z

It dominates the local directories segment

Market Structure

Page 6: Market Research Report : Local Search Market in India 2011

6LOCAL SEARCH MARKET IN INDIA 2011.PPT

Offline Market Drivers

Online Market Drivers

Common Drivers

•Phone‐based local search to dominate •Proliferation of 

Internet

• Increasing use of mobile internet

•Profitable for small and local business owners

Drivers – Summary 

•Offline local searches can be done in regional languages

Page 7: Market Research Report : Local Search Market in India 2011

7LOCAL SEARCH MARKET IN INDIA 2011.PPT

Offline Market Challenges Online Market Challenges 

• Lower acceptance in present corporate culture

•Global drive towards paperless environment

• Search engines acting as default sites for local information search

• Lack of awareness and language barriers 

•Building database around local content

Challenges – Summary 

Page 8: Market Research Report : Local Search Market in India 2011

8LOCAL SEARCH MARKET IN INDIA 2011.PPT

Trends – Summary 

Increase in PE/VC investments

Players are entering into joint venture agreements

Providing additional services to the users

Local web directories moving towards mobile platform

Mobile service providers are entering the domain

Trends 

Page 9: Market Research Report : Local Search Market in India 2011

9LOCAL SEARCH MARKET IN INDIA 2011.PPT

SAMPLE Major Players – Summary 

Source:

Website 8

Website 7

Website 6

Website 5

Website 4

Website 3

Website 2

Website 1

Web Search

ci‐Product 5Company H

cg‐‐Company F

‐Product 4Company E

ch‐‐Company G

cfadProduct 3Company D

ceacProduct 1, Product 2Company C

Product 6

Print Directory

cj

cd

cc

Mobile Search

ab

Phone/Voice Search (Call Center based)

Company I

Company B

Company A

Brands

Page 10: Market Research Report : Local Search Market in India 2011

10LOCAL SEARCH MARKET IN INDIA 2011.PPT

Online Traffic Statistics

BCBAAA ABCompany G

AGAHAIAJCompany E

AOAPAQARCompany C

N.A.CYN.A.BYCompany N

N.A.BZN.A.BX Company M

BWBVBUBT Company L

BSBRBQBP Company K

BOBNBMBLCompany j

BKBJBIBHCompany I

BGBFBEBDCompany H

ACADAE AF Company F

AKALAM ANCompany D

ASATAUAVCompany B

AZ

Traffic Rank (Global)

Company A

Brands

AY

Traffic Rank (India)

AWAX

Estimated daily time on site (minutes) *

Estimated daily unique pageviews

per user*

Source:

Company C leads the 

market in terms of traffic rank with Company B coming in second

Company B leads in terms 

of the maximum time spent by users 

The Traffic Rank is calculated using a combination of average daily visitors and 

pageviews over the past 3 months

SAMPLE 

Page 11: Market Research Report : Local Search Market in India 2011

11LOCAL SEARCH MARKET IN INDIA 2011.PPT

Thank you for the attention

About NetscribesNetscribes is a knowledge‐consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, content‐management services, and knowledge‐software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes is a one‐stop shop designed to fulfil clients’ profitability and growth objectives.

The Local Search Market – India report is part of Research on India’s Entertainment & Media Industry series. For more detailed information or customized research requirements please contact:

Disclaimer: This report is published for general information only. Although high standards have been used the preparation, Research on India, Netscribes (India) Pvt. Ltd. or “Netscribes” is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes (India) Pvt. Ltd. and prior permission is required for guidelines on reproduction.

Research on India is a product of Netscribes (India) Pvt. Ltd. Research on India is dedicated to disseminating information and providing quick insights on “hot” industries in India and other emerging markets. Track our new releases and major updates in these industries on

Gaurav KumarPhone: +91 33 4064 6214E‐Mail: [email protected]