Why Google has released Google Chrome browser?

Since Google Chrome is now officially released so most of us don’t know why Google has released a new browser when there are browsers like IE and Firefox already present in the market. Most of us have a question as to why Google felt the need to release their own browser. I really have no idea what are the main intentions of Google to release a new web browser and enter the web browser market but as far as my opinion is concerned, I think Google would like to create their presence in the web browser market and capture a lot of market share with their new browser Google Chrome.

Google Chrome - Google’s entry into Browser Market

I think the main reason for Google to enter the web browser market with the release of Google Chrome is that they don't want any risk to their main source of revenue, the PPC Ads on Google Search Results. Earlier, they were relying on IE and Firefox browsers to display their search results and ads especially when there are Firefox extensions like "AdBlock Plus" in the market which can block the display of Google ads on webpages. Since the online advertisement business (AdWords) is the main source of income for Google so they would never like to have any impact on their income with Firefox extensions like "AdBlock Plus". I’m not sure if there are any such adblocking facilities available in the recently released IE8 browser but Google would not like to take any chances. So, the best way for them (Google) is to release their own browser (Google Chrome) where there is no way to block their ads from appearing. I am sure a lot of people would have already downloaded the Google Chrome browser and set it as their default browser due to its easy-to-use interface without any fancy menus and toolbars.

Google Chrome Extensions

"We don’t have that (support for third party extensions) in the Google Chrome beta today, but we definitely plan an extension API," or application programming interface, Sundar Pichai, a Google vice president of product management, said at the Google Chrome launch event. "It is one of the things we will get to next."

Google has not made any official announcement about the support of third-party extensions, plug-ins, and add-ons however I think a version of the Google toolbar should be released for the Google Chrome browser. Even if they allow third-party extensions and add-ons for Google Chrome, I think extensions like "AdBlock Plus" won’t be supported as Google would never like to have their ads blocked in their own web browser. Google has a strong focus on giving users a good experience - indeed, it said its studies show that users find the text ads placed next to search results an overall improvement. But Google’s business depends on advertising, and its $3.1 billion DoubleClick acquisition is geared to give the company strength in just the sort of online display advertisements that AdBlock is designed to counteract. Anyways, let’s wait and watch the updates and upcoming news about Google Chrome Web Browser and if they allow support for third-party extensions in Google Chrome.

Important Note: Extensions shouldn’t be confused with related technology, and plug-ins, which include software such as Java from Sun Microsystems, Microsoft’s Silverlight, and Flash player from Adobe Systems.

Please post your comments and share what best features you’ve found in Google Chrome.