Why Internet Explorer Has Lost Market share?

January was a record-setting month for Google Chrome and Apple Safari, as both set new highs for market share. January was also a landmark month for Internet Explorer, albeit in a negative fashion, as the browser hit a new low of 56 percent of the browser market. Market share numbers show Internet Explorer has been in steady decline, losing 4 percent over the last 10 months.

But why Internet Explorer has lost the charisma which it had as a default Windows Internet Browser? In my opinion there are the following reasons for that:

Lack of innovation: Well-known about Internet Explorer since it took the king’s throne from Netscape Navigator.The likes of Mozilla Firefox and Google Chrome were the pioneers of introducing some innovative features such as auto-integration and multiple tab in a single window. As a result, Firefox gained over 30% of global computers as their default internet browser and Chrome is chipping away at IE’s market share to make it narrower.

Lack of Speed: Internet Explorer’s main flaw was its slow loading and heavy memory which it took to run. The windows took time to open and load, and it was a hectic experience in today’s iCore Processing world.

Complexity: Chrome is immensely easy to use; it tries to be nothing more than just a browser. No fancy menus, slim toolbars for greater page viewing and easy bookmark management.

That is my three reasons why, if you agree or disagree with any of the points made, please feel free to make some suggestions of your own in the comments below.