The report, conducted by Dutch research firm OneStat, found that Firefox increased its global market share by 0.66 per cent in October to reach 12.15 per cent.
Despite losing ground to Firefox, Internet Explorer maintained its stranglehold with 85.24 per cent of the global market share.
The study also found that Firefox users are rapidly adopting the updated version of the browser.
Released on 24 October, Firefox 2.0 has now been adopted by 19.5 per cent of all Firefox users.
Internet Explorer 7, which was released five days before Firefox 2.0, has only been adopted by 3.05 per cent of all Internet Explorer users.
Privilege escalation bug already being exploited in the wild
NASA's Voyager 2 probe set to reveal secrets of space beyond the heliosphere as it goes interstellar
The probe is now more than 18 billion kilometres from Earth, with equipment enabling it to reveal some of the secrets of interstellar space
Four glaciers located west of massive Totten glacier have lost almost three metres of ice in height since 2008
Ceres, located in the asteroid belt, has a carbonaceous-rich upper crust, SwRI study claims