The Worldwide Website Builders Industry is Expected to Reach $2.62 Billion by 2027 - ResearchAndMarkets.com
Website Builders Market was valued at USD 1.46 Billion in 2019 and is projected to reach USD 2.62 Billion by 2027, growing at a CAGR of 7.73% from 2020 to 2027.
The "Global Website Builders Market Size By Deployment Type, By Type, By End Users, By Geographic Scope And Forecast" report has been added to ResearchAndMarkets.com's offering.
Website Builders Market was valued at USD 1.46 Billion in 2019 and is projected to reach USD 2.62 Billion by 2027, growing at a CAGR of 7.73% from 2020 to 2027.
The Global Website Builders Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Website Builders Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.
The increasing adoption of smartphones and the growing penetration of the internet around the world are some of the significant factors affecting the growth of the website builders market. Almost all companies around the world have their websites, as the website provides better consumer reach. Therefore, major website builder market players around the world are taking advantage of this factor and offering innovative web builder tools and platforms.
This report provides an all-inclusive environment of the analysis for the Global Website Builders Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Website Builders Market growth.
Along with the market overview, which comprises of the market dynamics the chapter includes a Porter's Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Website Builders Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Website Builders Market.
Key Players In Website Builders Market
This report will provide a valuable insight with an emphasis on the global market. The major players in the market are Wix, Squarespace, GoDaddy, Mono Solutions, and Web.com, Shopify, Ecwid, WordPress.Com, Webflow, Basekit, Unbounce, Instapage, Weebly, Zoho Sites, Jimdo, Yola, Duda, Camilyo, Bigcommerce.
Market Dynamics
Drivers
- Rising Internet Penetration and Adoption of Smartphones
- Growing E-Commerce Industry
Restraints
- Lack of Ability to Create Unique Website and Function Professionally
Opportunities
- Technological Advancement
Companies Mentioned
- Wix
- Squarespace
- GoDaddy
- Mono Solutions
- Web.com
- Shopify
- Ecwid
- WordPress.Com
- Webflow
- Basekit
- Unbounce
- Instapage
- Weebly
- Zoho Sites
- Jimdo
- Yola
- Duda
- Camilyo
- Bigcommerce
For more information about this report visit https://www.researchandmarkets.com/r/u69zon
View source version on businesswire.com: https://www.businesswire.com/news/home/20211119005606/en/