A $2.7 Billion Global Opportunity for Website Builders by 2026

FACTS AT A GLANCE
Editing: 5; Published: October 2021
Executive Pool: 837
Companies: 292 – Players covered include Activemobi; Dudamobile; eHost; Come on dad; Gomobi; Property; I built; Jimdo; Fuse; Onbile; Qfuse; Square space; Tappin; The Web; Weebley; Wix; Yahoo; Yola and others.
Blanket: All major geographies and key segments
segments: Type (PC, Mobile); Deployment (cloud, on-premise); End use (large companies, SMEs, individuals)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; 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 Builder Market to Reach US$2.7 billion by 2026
Website builders refer to tools used to create websites, without the need to manually edit code. Users will be able to build a website in no time using the drag and drop tool and they don’t need any coding or prior knowledge. The growth of the global market is expected to be driven by the growing need for online web portals among businesses. With the proliferation of online portals for businesses, there is a need for website building tools that can help create and set up a website in less time. Website Builders offers drag-and-drop editors that make it quick and easy to create brochure websites, small and medium business websites, and e-commerce websites. The expansion of the e-commerce industry has boosted the use of website builders. The market is also benefiting from the increasing availability of the internet globally and the growing use of smartphones. Developments in technology are enabling website building companies to create innovative and advanced website building platforms and tools, which bodes well for the market. The COVID-19 crisis has proven beneficial for the market, with individuals and businesses increasingly focusing on online platforms.

Amid COVID-19 crisis, global website builders market estimated at US$1.6 billion in 2020, is expected 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 expected to grow at a CAGR of 7.4% to reach US$1.5 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the mobile segment is readjusted to a revised CAGR of 10.5% for the next 7-year period. This segment currently accounts for a 43% share of the global website builder market. With so many people browsing the web, mobile compatibility is becoming increasingly important for any website. Website builders ensure that mobile compatibility functionality is automatically integrated, allowing users to see the mobile version of the website.

The US market is estimated at $542.8 million in 2021, when China is expected to reach $390.6 million by 2026
The website builder market in the United States is estimated at US$542.8 million in 2021. The country currently accounts for a 29.4% share of the global market. Chinathe world’s second largest economy, is expected to reach an estimated market size of US$390.6 million in 2026 with a CAGR of 10.7% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 7% and 7.3% respectively over the analysis period. In Europe, Germany is expected to grow at around 8.7% CAGR while the rest of the European market (as defined in the study) will reach US$421.8 million at the end of the analysis period. North America and Europe dominate the market, driven by the growing adoption of online website building software, in addition to the growing preference for personalized services among small businesses. Asia Pacific is expected to be a high growth market owing to the expanding e-commerce market, especially in China and India. Following

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