Website Builders Market Demand Is Likely To Surge at A 6.9% CAGR By 2032
The global website builders market was valued at US$ 1.7 Billion in 2021 and is projected to register a Y-o-Y increase of 6% in 2022 to be valued at US$ 1.8 Billion. During the 2022-2032 period of assessment, demand is expected to rise at a 6.9% value CAGR, likely to reach US$ 3.5 Billion by the end of the said forecast period.
In an increasingly digital world, a strong online presence
is essential for businesses, organizations, and individuals. As a result, the
website builders market has witnessed significant growth in recent years.
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Key Takeaways from Website Builders Market
Study:
- Global
website builders market to flourish 2x from 2022 to 2032
- U.S
to emerge as the dominant website builders market, reaching US$ 1.2
Billion by 2032
- China
to be the fastest-growing market, registering a CAGR of 6.2% across the
decade
- South
Korea, U.K & Japan are likely to yield $ opportunities worth US$ 44.1
Million, US$ 63.6 Million, and US$ 81.6 Million respectively
- Based
on type, PC website builders register maximum expansion, growing at a 6.2%
CAGR
- Cloud-based
to emerge as the top deployment type category, growing at a rate of 6.4%
through 2032
Competitive landscape:
The global market for the website builder is characterized
by the presence of multiple vendors, aiming to offer extensive consulting and
integration services to clients. Additionally, enterprises are seeking out,
specialized service providers, offering solutions tailor-made to suit their
business objectives. In addition, the vendors are likely to leverage
up-gradation and product differentiation to gain an edge over other competitors
in the market.
- In September
2020 – GoDaddy announced its popular content design app Over by
GoDaddy, is now deeply integrated into Websites + Marketing. This enables
anyone to easily create impactful visuals right inside of Websites +
Marketing, its website builder and set of marketing tools.
- In August
2021 – Wix announced the launch of a native mobile app
builder which provides users with the ability to create and customize
their own tailor-made app without a single line of code. The new addition
to Wix allows business owners to seamlessly create a holistic brand
experience for their business with a customized website, a domain name and
now the advantages of owning a native mobile app.
- In September
2020 – Mono Solutions announce a partnership with
Lokale Internetwerbung GmbH & Co. KG, an expert in delivering a SaaS
marketing solution to local businesses. This partnership brings the
addition of Mono Websites to their proprietary toolbox offering, the
leadhub platform.
Key players in the Website Builders Market:
- Wix
- Squarespace
- GoDaddy
- Mono
Solutions
- Web.com
- Shopify
- Ecwid
- WordPress.com
Prominent Website Builders Industry Growth Drivers:
Increasing Internet Penetration to positively impact
growth of the Website Builders Market
As the volume of online business transactions rise
exponentially, the demand for website builders is acquiring major traction. An
increase in the adoption of cloud-based services from large enterprises as well
as SMEs also boosts the sales of the website builders market in the forecasting
period.
Also, rising technological proliferation and adoption of
smart mobile devices also influence demand for the website builders market. All
these technological trends are driven by the demand and desire of users to
increase convenience, functionality, and efficiency.
Also, the increasing demand for e-commerce
platforms across the globe boosts the growth of the website builders
market. Adoption of innovative technology solutions and services for enhanced
user experience & improved operational productivity is expected to give
significant opportunities to the market in the assessment period.
Key Segments Covered:
- Market
by Type :
- Mobile
Website Builder
- PC
Website Builder
- Market
by Deployment Type :
- Cloud-based
- On-premises
- Market
by End Users :
- for
Individuals
- for
SMEs
- for
Large Enterprises
- Market
by Region :
- North
America
- Latin
America
- Europe
- Asia
Pacific
- Middle
East & Africa
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Questionnaire answered in the Market outlook Report of
Website Builders include:
- What
is the key strategy deployed by large players to maximize Website Builders
Market growth?
- What
are the main challenges faced by players in the Website Builders market
Demand?
- With
the advent of technological advancement, how will the Website Builders
market landscape change over the forecast period?
- What
does player bring to the table which is unique as a strategy, and is easy
to emulate for new investors in the Website Builders market size?
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