Analysts: Google Will Take 90% of Market

July 18, 2007

Google Inc., owner of the world’s most popular Internet search engine, will take 90 percent of the market over the next decade through increased spending on research and development, analysts at Cowen & Co. said in a note Wednesday.

Google’s 2007 research-and-development budget of $1.5 billion is almost double that of its closest rival, Yahoo Inc., the analysts said. Google’s capital investments, estimated at $26 billion over the next five years, will finance development of the company’s own servers and data centers, the note said.

Analysts: Google Will Take 90% of Market