Lead Generation Market Analysis Sales Intelligence Global Data Coverage. BigCommerce's second-quarter 2020 results showed a year-over-year revenue increase of 33% to $36 million and a $7.4 million loss. Shopify notably has a similar market share to Magento in BuiltWith’s top 10k websites which shows how prominent the platform is. Ecommerce sales in the Asia Pacific Region grew 31.1% to reach $1.349 trillion in 2017. The above chart shows market share for the entire internet. India’s retail sales grew 11.8%, which fell short of previous expectations. If we zoom in to only the 10,000 largest e-commerce sites, Shopify maintains market share at 21%, but their competitors change quite a bit. With BuiltWith.com Technology Trends data back to November 2008. WooCommerce fell from 15% share to 5%. In 2020, Shopify was the biggest name in the U.S. e-commerce software market, used by roughly 30 percent of websites that use e-commerce technologies. ET on Zacks.com Why Shopify Stock Looks Poised for More Growth in 2021 Tools. Market Share 1.29%. (Source: CloudWays) If we track exclusively ecommerce websites, the Magento vs. Shopify duel tilts in favor of the former. Magento is the second most popular ecommerce platform globally. Signup for Free. Magento, on the other hand, experienced a decline in … Want daily updates on BuiltWith and … And that’s the most popular plugin in any category, by the way, not just ecommerce. Market share is the percentage of a market (defined in terms of either units or revenue) accounted for by a specific entity. Current websites 613. Amazon’s Third Party Marketplace Business. Shopify saw a similar growth trajectory, increasing from 13% in 2017 to 22% in 2020. Percent Market Share via BuiltWith 2018 Let’s take a look. Category Position 24 th. It has customizable themes. Below is Germany Ecommerce Platforms Market Share in 2019 – BuiltWith. It is one of the most popular ecommerce platforms on the planet, with almost 20 percent market share. 4. Shopify has a slightly higher share of the CMS market at 2.4%. As you can see from this pie chart, courtesy of BuiltWith, we are indeed looking at a monster of popularity, completely annihilating its two nearest competitors, Ecwid and Hextom, with a 75% share, versus 13% and 8% respectively. Shopify has contributed over $183 BILLION in economic activity, globally. ... Market Share 0.02%. Shopify holds 20% of the market share. Magento accounts for 12% of the ecommerce market (including open source and enterprise versions). The only other competitor with double-digit market share is WooCommerce, which is a WordPress plug-in. View thousands more eCommerce technologies on BuiltWith Trends. The statistics by BuiltWith cover one million websites that accurately tell us all there is to know about the best ecommerce platforms of 2018. In our research we are considering the eCommerce platform market, not the entire eCommerce market. There are 1,1% of Shopify websites among 1 million with the highest traffic in the world. From 2017 until 2020, WooCommerce and Shopify have seen significant growth in their market share of the top 1 million sites, as ranked by BuiltWith. Magento secures the 3rd place among the top ecommerce platforms with 15,… Global Shoes Stores. Global BuiltWith® covers 44,638+ internet technologies which include analytics, advertising, hosting, CMS and many more. On… Magento (11%) and Shopify (10%) have also claimed a significant position in the United Kingdom. Gambio, a local shopping cart solution, has a market share of 12%. View Trends You can see usage trends and market share information for the entire internet or for only the biggest websites. Global Women's Fashion Stores. Global Baby Stores. ... Market Share Every report provides full technology usage breakdown for the report, showing the other technologies the websites in your report are also using. There are now over 550,000 live websites powered by Shopify, which accounts for 10% of the market share for the top 10k eCommerce websites. Global Health Stores. It differs from the other most popular platforms in that you cannot install a self-hosted version – a SAAS version is the only option. Zen Cart (17%) tops the list, followed by Wix (13.65%) and OpenCart at 12.28%. As a consequence, it’s no surprise that the company reported $2.988 billion in revenue for the year 2019. In a note to clients on Sunday, KeyBanc analyst Josh Beck reaffirmed his overweight (buy) rating for Shopify and raised his price target by nearly 17% to $350, up from $300. Listed in no particular order: When it comes to the largest ecommerce market share, WooCommerce leads the chart with nearly 24,000+ websites out of one million. Zacks Market Edge Highlights: Facebook, Pinterest, Shopify, Microsoft and Twitter Dec. 17, 2020 at 9:36 a.m. Here is a depiction of UK’s market share of ecommerce platforms, obtained through BuiltWith: Germany. With Shopify having TOP market share of TOP 100K e-commerce sites by DOUBLE, on the entire internet, this SURGE in e-commerce referenced to by Visa couple means Shopify’s growth has … Shopify's app store grew by 30% from 2018 (2,653 apps) to 2019 (3,808)— a faster growth rate than any other ecommerce app store. We define segments of the top 10K, top 100K and top 1 Million websites based on Alexa and Tranco ratings. Shopify is not open source but you can customize it in a fashion quite similar to open source platforms. Now it’s time to recall a Market share definition: What is the Magento Market Share 2019. A few quick Shopify facts. Number two: Shopify. China, the largest ecommerce market in the world, fueled 83% of total sales. ... Shopify Plus Stores. In that context, the market share held by Shopify has dramatically increased over the past few years. Shopify has the 2nd largest market share with nearly 20,000+ websites. The rest is because of the breakthrough features that Shopify brings. Here we can see Shopify usage statics, it has grown 3 times during the last year. It can be seen that Shopify gets a lot of customers from other eCommerce platforms, partly because this platform has a strong community of users who are always ready to share and help. Global Demandware Stores. Below is UK Ecommerce Platforms Market Share in 2019 – BuiltWith ... With the user friendly interface, the Shopify is fast capturing the market … Global PrestaShop Stores. Continuing with the same eCommerce-theme then, today we turn our attention to Shopify… If you’re looking for some truly amazing examples of real-life websites using Shopify (including a number of high-profile big-name brands, like The World Wildlife Fund and The Oatmeal), take a look at some of the following! According to BuiltWith.com, Shopify, WooCommerce, and Magento currently have the largest market share in ecommerce software. By January 2020, it … Shopify was started in 2004 by three Canadians, inspired by a poor online shopping experience with snowboarding equipment. It Is Indeed the Most Popular Plugin Ever. Since 1999, when Amazon — whose stock had risen 69% in 2020 as of December 22 — first opened up … ZoomInfo. Category Position 3 rd. Shopify Pros. BuiltWith tracks data for different market segments separately. Below is Russia Ecommerce Platforms Market Share in 2019 – BuiltWith. See how the internet technology usage changes on a weekly basis. Currently, the top eCommerce platforms are WooCommerce, WooCommerce Checkout, Magento Open Source, Magento Commerce, and Shopify. It’s a bit tricky to find numbers for this entry since Google Cloud is part of the general Google company. This number also comes … Their market share is set at 4.29% globally. This means that it makes more sense to compare it to other ecommerce CMSs, such as Shopify and BigCommerce . BuiltWith declares their overall market share as 23%. BuiltWith Trends provides the following data on market shares of these platforms, looking at different sample sizes along the dimension of popularity. See how many websites are using BuiltWith vs ZoomInfo and view adoption trends over time. The market share of WooCommerce in 2017 was 18% and in four years it jumped to 29% in 2020. Revenue and Profits. Global Clothing Stores. According to builtwith.com Shopify is growing quickly its eCommerce platforms market share. Shopify Customers and Market Share on Builtwith. 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