Global Website Builder Software market in 2019 was approximately USD 7,210 Million. The market is expected to grow above a CAGR of 9% and is anticipated to reach over USD 13,600 Million by 2026.
A website builder is a program or a tool that helps to assemble software exclusive of any manual code editing. With the help of website builders, a website can be built in minutes by a drag-and-drop editor. Software types of website builder software include offline and online. Application of website builder software includes brochure website, e-commerce, individual, and small & medium-sized enterprises.
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The rising need for online portals for businesses is driving the target market growth. In addition, a web-based portal allows finding relevant content with ease as well as helps users to connect with one another. This has augmented the target market growth as well. Furthermore, an online portal’s functionality has a far-reaching impact on a business and its processes. This has surged the target market growth. Moreover, website builder software helps to expand the client base, which directly helps a business to grow. This has developed the target market to grow. Additionally, the growth of the e-commerce sector has propelled the target market growth as it helps organizations to understand the customers through their reviews, comments, and feedback regarding the organization’s services and products. However, many website builders have a very limited mobile optimization in their mobile builder. This factor is projected to hinder the target market growth over the forecast period. Nevertheless, technological advancements that support the use of supporting websites and software are estimated to create growth opportunities over the forecast period.
In terms of software types, the target market is categorized as offline and online. Among these categories, the online category projected to be the dominating one as it accounted for maximum demand.
In terms of application, the target market is categorized as brochure websites, e-commerce websites, and others. Among these, e-commerce websites are estimated to be the leading category owing to rising demand for e-commerce websites due to rapid urbanization.
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In terms of the end-user segment, the target market is categorized as large enterprises, individual, and small & medium-sized enterprises. Among these, large enterprises are expected to be the dominating ones as these enterprises use a major amount of website builder software.
In terms of region, the target market is segmented as Asia Pacific, North America, Europe, Middle East & Africa, and Latin America. Among these regions, North America is anticipated to be the dominating one. The U.S. and Canada are majorly contributing to the growth of the target market in the region In addition, factors such as making websites based on customer demand and planning websites accordingly have boosted the target market growth as well.
Some of the key players operating in the target market are Squarespace, Square Inc., WIX.com, Yola Inc., Zoho Corporation Pvt. Ltd., SimpleSite, Shopify Inc., GoDaddy Inc., HubSpot Inc., Alphabet Inc., Jimdo, Microsoft Corporation, Freesites, and Others.
Browse detail report with in-depth TOC @ Website Builder Software Market, 2021-2026
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