Chrome, Firefox and Safari browsers chewing away at IE market share

A new research report from Chitika Insights suggests Chrome, Firefox and Safari are eating away at Microsofts dominant share of the web browser market. Internet Explorers overall share dropped from 56% in July to 54% in August while Firefoxs market share increased from 19% to 20% and Safaris share grew one point to 9%. Between July 2010 and July 2011, however, Microsofts browser share remained steady at 56%. Googles Chrome web browser saw its share increase from 9% to 16% year-over-year at the expense of Firefox and Safari, which lost 5% and 1% of the market, respectively. Chitika said it expects Firefoxs share to increase as Mozilla continues to release frequent updates to its web browser. In addition, Internet Explorers share will stabilize from its recent losses when Microsoft releases Windows 8 and Internet Explorer 10.

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