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How Much Is Shopify Market Share?

Last updated on October 1, 2022 @ 3:56 pm

Shopify is one of the most popular ecommerce platforms on the market, and it’s no surprise why. The platform is easy to use, has a wide range of features, and is constantly innovating to help businesses grow. But how much does Shopify actually control in terms of market share?

According to data from ecommerce platforms, Shopify currently has a 33% market share in the US. This means that one in every three online stores in the US is powered by Shopify.

In terms of the global market, Shopify’s share is slightly lower at 22%. However, this still puts Shopify ahead of other popular ecommerce platforms such as WooCommerce (17%), Magento (5%), and BigCommerce (4%).

It’s clear that Shopify is the leading ecommerce platform when it comes to market share. But what about other measures of success?

Well, Shopify is also the most popular platform for new businesses, with 22% of all new online stores being powered by Shopify. And when it comes to revenue, Shopify businesses are also doing well. In 2018, Shopify merchants generated $41 billion in sales, which was a 64% increase from the previous year.

So what does all this mean for businesses considering using Shopify? Well, it’s clear that Shopify is a platform with a lot of momentum behind it. The platform is growing rapidly and is being used by an increasing number of businesses. This growth is likely to continue in the future, so now could be a great time to start using Shopify for your business.

PRO TIP: Warning: The Shopify market share information contained in this article may be outdated.

How Much Is Shopify Market Share?

As mentioned above, data from ecommerce platforms shows that Shopify currently has a 33% market share in the US. This means that one in every three online stores in the US is powered byShopify. In terms of the global market,Shopify’s share is slightly lower at 22%. However, this still putsShopify ahead of other popular ecommerce platforms such as WooCommerce (17%), Magento (5%), and BigCommerce (4%).

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.