Microsoft’s Internet Explorer’s grip has started loosening over market. According to latest market reports, Internet Explorer has slipped by almost 1% in market share.

This drop is biggest in last three months. These reports are very challenging for the company when it is putting its all best efforts to make its ad business flourish and is on purchase spree.

The statistics clearly indicate that IE’s rivals are scaling up and are gaining market share. The web metrics depict that rivals are gaining on IE’s expense.

But all the web browsers have to face competition from the newly launched “Chrome”, which is scaling up with roller coaster speed. In just 24 hours of launch it has grabbed 1% market share. The metrics also depicted that drop of usage in IE for the month of August is lower than what it faced in May.

Meanwhile, Firefox has garnered on its market share by climbing from 19.2% in July to end August at 19.7%. Among others who gained is Apple's Safari from 6.1% to 6.4%, while Opera's share hit 0.74%, up slightly from July's 0.69%.

Vinod Negi/ITVoir Network