A $2.7 Billion Global Opportunity for Website Builders by 2026 - New Research from StrategyR

SAN FRANCISCO, Feb. 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Website Builders - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

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Edition: 6; Released: February 2022
Executive Pool: 837
Companies: 292 - Players covered include Activemobi; Dudamobile; eHost; GoDaddy; Gomobi; Homestead; Ibuilt; Jimdo; Mofuse; Onbile; Qfuse; Squarespace; Tappinn; Web; Weebly; Wix; Yahoo; Yola and Others.
Coverage: All major geographies and key segments
Segments: Type (PC, Mobile); Deployment (Cloud, On-Premise); End-Use (Large Enterprises, SMEs, Individuals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Website Builders Market to Reach US$2.7 Billion by the Year 2026
Website builders refer to the tools that are used for creating websites, without the need for manual code editing. Users will be able to construct a website in a short period of time using the drag-and-drop tool and they do not need any coding or prior knowledge. Growth in the global market is set to be driven by rising need for online web-portals among enterprises. With the proliferation of online portals for business, there is a need for website builder tools that can help build and set up a website in less time. Website builders offer drag-and-drop editors that make it quick and easy to build brochure websites, small and medium business websites, and e-commerce websites. The expanding e-commerce industry has spurred the usage of website builders. The market is also benefitting from the increasing availability of internet globally and the rising use of smartphones. Technological developments are enabling website builder companies to create innovative and advanced web builder platforms and tools, which is auguring well for the market. The COVID-19 crisis proved to be beneficial for the market, as individuals and businesses increasingly focused on online platforms. Deployment of progressive web apps is also anticipated to offer opportunities for the market.

Amid the COVID-19 crisis, the global market for Website Builders estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$2.7 Billion by 2026, growing at a CAGR of 8.8% over the analysis period. PC, one of the segments analyzed in the report, is projected to grow at a 7.4% CAGR to reach US$1.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Mobile segment is readjusted to a revised 10.5% CAGR for the next 7-year period. This segment currently accounts for a 43% share of the global Website Builders market. Given the large number of people browsing the web, there is growing importance of mobile compatibility for any website. Website builders ensure that mobile compatibility feature is integrated automatically, enabling users to view mobile website version.

The U.S. Market is Estimated at $594.1 Million in 2022, While China is Forecast to Reach $390.6 Million by 2026
The Website Builders market in the U.S. is estimated at US$594.1 Million in the year 2022. The country currently accounts for a 29.4% share in the global market. China, the world's second largest economy, is forecast to reach an estimated market size of US$390.6 Million in the year 2026 trailing a CAGR of 10.7% through the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7% and 7.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 8.7% CAGR while Rest of European market (as defined in the study) will reach US$421.8 Million by the end of the analysis period. North America and Europe lead the market, encouraged by the rising adoption of online web builder software, in addition to the growing preference for customized services among small scale enterprises. Asia-Pacific is anticipated to be a market with strong growth owing to the expanding e-commerce market, particularly in China and India. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.