Website Builders Market to Hit US$ 3.5 Billion 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.

Technology has advanced so quickly that website builder suppliers have had to elevate their offerings to a whole new level. According to Fact.MR, a supplier of market research and competitive information, the market for website builders had a startling 7.6% CAGR from 2015 to 2021.The necessity of the hour is for website builders to continuously improve in order to offer a smooth user experience. Service providers are able to lower operational costs and increase returns on investment by integrating cutting-edge innovations.

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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.

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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This release was published on openPR.