Chief among the new features are support for different themes and speedier handling of Javascript functions. According to the tech giant, the browser processes Java 150 percent faster than its previous incarnation.
Web developers should also note that the new Chrome includes expanded support for HTML5, the latest update to the core language of the Internet.
Most of the latest web browser releases have embraced HTML5, which comes factory-equipped with support for new, open-source video codecs. That means that Chrome users can easily embed videos without having to rely on Adobe's Flash plugin.
Chrome 3.0 also offers an improved way for users to manage their bookmarks in the form of a customizable tabs page. Users can drag and drop their favorite pages to keep track of them visually.
Google has big plans for Chrome. Even though the browser only commands 3 percent of the current market share, Google wants to capture 10 percent within three years.
"If at the two-year birthday we're not at least 5 percent [market share], I will be exceptionally disappointed," Chrome Engineering Director Linus Upson said. "And if at the three year birthday we're not at 10 percent, I will be exceptionally disappointed."
Although tech analyst MG Siegler is a fan of Chrome, he's not sure if that's feasible.
"While I think I have yet to meet anyone who doesn’t like Chrome — a lot — this past year has proven that it may be hard for Google to hit such numbers," Siegler said.
Mac and Linux users will probably have to wait for the release of Chrome 4.0 to see a version for their operating systems.