Global agencies SEO services market to reach $51.25 billion in 2022: Study

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March 08, 2022, 5:15 AM GMT+0

The global market is also projected to reach $108.89 billion in 2026 at a CAGR of 20.7%.

According to the latest ReportLinker study, the global agencies' SEO services market is projected to grow at a CAGR of 22.1%, from $41.97 billion in 2021 to $51.25 billion in 2022. In terms of regions, Asia Pacific emerged as the largest region in the agencies' SEO services market. Additionally, the Middle East is expected to be the fastest-growing region in the forecast period.

The agencies' SEO services market consists of sales of SEO services and related goods by agencies and companies that provide SEO services for businesses. The growth is primarily due to companies rearranging their operations and recovering post the COVID-19 impact and pandemic-induced conditions like social distancing and remote working.

However, the growth of agencies’ SEO services market is expected to get affected as many companies hire an in-house SEO team to cater to the unique needs of the organisation. Companies are hiring in-house SEO teams as in-house teams ensure cost-saving, full control on the output, and a faster turnaround time for campaigns while also considering brand objectives, data security and quality resources.

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