WooCommerce was the worldwide leading e-commerce software platform in 2023, with a market share of 39 percent. Squarespace Online Stores and Woo Themes ranked second and third, with shares of 14.95 and 14.67 percent, respectively.
E-commerce software
E-commerce software is the technology that manages the online store processes, from managing inventory, to adding or removing products, to calculating taxes and fulfilling orders. The e-commerce software application market had an estimated value of around 5.1 U.S. dollars in 2018 and is forecast to grow to approximately 7.4 billion U.S. dollars by 2023. Given the fast growth of e-commerce sales – global retail e-commerce sales are forecast to reach 7.4 trillion U.S. dollars by 2025 – it is hardly surprising that the e-commerce software market is also expanding.
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Datanyze. (December 5, 2023). Market share of leading e-commerce software platforms and technologies worldwide as of 2023 [Graph]. In Statista. Retrieved October 10, 2024, from https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/
Datanyze. "Market share of leading e-commerce software platforms and technologies worldwide as of 2023." Chart. December 5, 2023. Statista. Accessed October 10, 2024. https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/
Datanyze. (2023). Market share of leading e-commerce software platforms and technologies worldwide as of 2023. Statista. Statista Inc.. Accessed: October 10, 2024. https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/
Datanyze. "Market Share of Leading E-commerce Software Platforms and Technologies Worldwide as of 2023." Statista, Statista Inc., 5 Dec 2023, https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/
Datanyze, Market share of leading e-commerce software platforms and technologies worldwide as of 2023 Statista, https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/ (last visited October 10, 2024)
Market share of leading e-commerce software platforms and technologies worldwide as of 2023 [Graph], Datanyze, December 5, 2023. [Online]. Available: https://www.statista.com/statistics/710207/worldwide-ecommerce-platforms-market-share/