Microsoft IE Market Share Drops Below 50 Per Cent

The global market share for Microsoft's Internet Explorer web browser has fallen below 50 per cent, web analytics firm StatCounter has found.

Microsoft IE, which has enjoyed a dominating position in the browser market for many years, has finally succumbed to the mounting popularity of open source browsers, such as Google's Chrome and Mozilla Firefox.

According to the StatCounter data, IE had a global market share of 49.8 per cent in September, down from 51.3 per cent in August. Meanwhile, Firefox remained steady with a market share of 31.5 per cent.

Google's Chrome, on the other hand, thanks in part to its super-fast browsing speeds, managed to garner a market share of 11.5 per cent, a figure which has tripled since September last year.

StatCounter Chief Executive Aodhan Cullen, said in a statement to The Wall Street Journal: “This is certainly a milestone in the Internet browser wars. Just two years ago IE dominated the worldwide market with 67 per cent.”