The global website builders market is expected to reach US$ 3.5 Billion by the end of the 2022-2032 forecast period, growing at a CAGR of 6.9%, concludes a recently published report by Fact.MR. As of 2022, the market is poised to reach US$ 1.8 Billion, yielding a dollar opportunity worth US$ 1.7 Billion throughout the forthcoming decade. Technological advancements have pushed sales to new heights.
Demand expanded significantly from 2015 to 2021, registering a growth rate of 7.6% to be valued at US$ 1.7 Billion. 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.
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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. These trends are likely to provide traction to the website builders market.
Key Takeaways from the Market Study
- Global website builders market to flourish 2x from 2022 to 2032
- 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
“Rising technological advancements and increasing need of online portals for businesses is stimulating demand for website builders across key geographies,” remarks an analyst at Fact.MR.
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Competitive Landscape
The global market for website builders 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.
- InAugust 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 lead hub platform.
Key Segments Covered in the Website Builders Industry Report
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Website Builders Market by Type :
- Mobile Website Builder
- PC Website Builder
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Website Builders Market by Deployment Type :
- Cloud-based Website Builders
- On-premises Website Builders
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Website Builders Market by End Users :
- Website Builders for Individuals
- Website Builders for SMEs
- Website Builders for Large Enterprises
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Website Builders Market by Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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