Global Website Builder Platforms Market Overview:
A platform or tool called a website builder enables businesses to create websites without the need for human coding editing. With the help of the drag-and-drop editing tool provided by website builder software, a website can be created in a matter of minutes. There is no need for coding expertise or experience; users may create websites by simply dragging and dropping components to the desired spot. On a user's device, it is as simple as dragging folder or file icons. One of the major factors propelling the global market for website builder software is the expansion of the e-commerce industry. Through their evaluations, comments, and feedback regarding the goods and services of businesses, e-commerce platforms assist businesses in identifying and assessing new clients. By offering transaction efficiency, effective customer service, lower advertising expenses, effective information management, fewer labour costs, etc., it also benefits businesses. An important platform that is expanding rapidly over the world is e-commerce. E-stores are becoming increasingly popular with people of all ages, whether they be adults, seniors, or kids.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emergence of WebAssembly in Website Developments enables programming language to compile any codes into bytecode that runs in a browser and Advent of Digital Voice Assistant
Market Growth Drivers:
Rising Internet Penetration and Adoption of Smartphones and Growing E-Commerce Industry
Challenges:
Rising Opportunities in Emerging Economics and Growth in Research and Development and Subsequent Technological Advancements for Adaptors
Restraints:
High Cost of Developing the Website
Opportunities:
Rising Opportunities in Emerging Economics and Growth in Research and Development and Subsequent Technological Advancements for Adaptors
Competitive Landscape:
The demand for Website Builder Platform is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Shopify, Squarespace Commerce, GoDaddy and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how website builder platform can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Shopify (Canada), Squarespace Commerce (United States), Wix (Israel), OpenCart (China), Magento (United States), Ecwid (United States), Big Cartel (United States), Volusion (United States), WordPress.com (United States), GoDaddy (United States) and BigCommerce (United States). Additionally, following companies can also be profiled that are part of our coverage like 3dcart (United States), Zyro (Europe) and Edicy LLC (Voog) (Estonia). Analyst at AMA Research see United States Players to retain maximum share of Global Website Builder Platforms market by 2028. Considering Market by Website Type, the sub-segment i.e. Static Website will boost the Website Builder Platforms market. Considering Market by Offering, the sub-segment i.e. Software will boost the Website Builder Platforms market.
Latest Market Insights:
In March 2021 Wix had announced the acquisition of Miami-based ordering technology provider SpeedETab. With the acquisition of SpeedETab, Wix will be able to integrate with a variety of industry-leading restaurant POS systems, allowing restaurant owners to manage all online and offline orders in one place. Furthermore, those owners will be able to manage orders from multiple channels in a unified experience, including orders from their website, as well as connect directly with several leading online marketplace channels and delivery partners. To better serve customers, the solution will assist restaurants in expanding and streamlining orders and delivery.
In February 2023, Shopify's Winter '23 Edition introduces over 100 product updates to keep merchants up to date. The new release includes the next version of the Shop app, a new one-page checkout, and up to 25% better conversions for SFN merchants with the Shop Promise badge.
What Can be Explored with the Website Builder Platforms Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Website Builder Platforms Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Website Builder Platforms
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Website Builder Platforms market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Website Builder Platforms market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Corporate Entities, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.