Website Builders Market Demand Is Likely To Surge At A 6.9% CAGR By 2032

According to a report recently released by Fact.MR, the Website Builders Market is anticipated to reach US$ 3.5 billion by the end of the forecast period of 2022–2032, expanding at a CAGR of 6.9%. The market is anticipated to reach US$ 1.8 billion in 2022, creating a US$ 1.7 billion opportunity over the next ten years.

New sales records have been set as a result of technological developments.

Demand increased dramatically between 2015 and 2021, growing at a 7.6% annual rate to reach US$ 1.7 billion. The global demand for e-commerce platforms is driving the market for website builders to expand. Adoption of cutting-edge technological solutions and services for increased operational productivity and improved user experience is anticipated to present the market with considerable prospects 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.

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 in the Website Builders Industry Survey

• by Type :
  
• Mobile Website Builder
• PC Website Builder

• by Deployment Type :
• Cloud-based Website Builders
• On-premises Website Builders

• by End Users :
• Website Builders for Individuals
• Website Builders for SMEs
• Website Builders for Large Enterprises
  
• by Region :
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

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. 
• 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 players in the Website Builders Market

• Wix
• Squarespace
• GoDaddy
• Mono Solutions
• Web.com
• Shopify
• Ecwid
• Wordpress.com

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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