Website Builders Market Share Findings

Market share is the process of tallying up an industry’s total sales, and then taking a particular company in that industry’s total sales, and calculating their percentage within their industry. Market share tells us which builders are financially thriving, and therefore doing well even in these financially unstable times.

The website builder market is expected to have a compound annual growth rate of 6.9% from now until 2032. It’s projected to grow to beyond $14.4 billion globally in the next 10 years. In just the US the website builder industry made $594 million in 2022. A study by BuiltWith showed that over 23 million websites are made with website builders and ecommerce platforms.

For market share values we tallied up the revenue for each builder, and divided the total revenue for each builder by the global $14.4 billion. Here’s a break down of our findings.

Wix isn’t just popular in our best website builder reviews but has 9.5% of the entire market share. It’s been seeing a steady increase year on year – with revenue of $1.39 billion in 2022. But what’s even more interesting is that Shopify and GoDaddy both flew past Wix, with Shopify making an astounding revenue of $5.6 billion and GoDaddy close behind with $4.1 billion.

Combined both of them take over 50% of the market share which is quite incredible to see, especially when you look on Ahrefs, and see how many people are searching online for each builder. Last checked the global searches per month was:

• Shopify – 3.3 million
• Wix – 3.8 million global searches
• Squarespace – 898,000
• Weebly – 387,000

Showing that Wix is the most popular in terms of brand awareness, but perhaps not the one that people are buying into compared to Shopify and GoDaddy.

Further Reading

• Shopify Review: check out our research-backed review of Shopify to see if it is right for your online store.
• GoDaddy Review: need for speed? Check out the fastest website builder on the market for setting up a website.

Curious about how many websites are really built on builders? There’s plenty of other ways to create a website, including hiring a web designer and tech staff. But let’s take a look at how many sites are on the web are made with each builder, and how many are in the top bracket in terms of traffic, from BuiltWith’s data:

WordPress, Shopify, and Wix have surpassed the million sites on the internet mark, but what’s more is there are many of them in the top 100K traffic, making them the top dogs on the market. There are plenty of builders out there to choose from but these three have the strongest branding, tools, and are the most popular.

According to Siteefy there are around 1.13 billion websites across the whole of the internet, so let’s delve into some interesting facts about web builders:

• Approximately 18 million websites are built with website builders alone
• About 23 million websites use a hosting provider and a website builder
• Only 18% of the 1.13 billion sites are actually live
• There are roughly 5.16 billion Internet users
• The market size of the Web Design Services industry is $58.4 billion

Wix is growing steadily, but Shopify is the standout leader when it comes to market share, and GoDaddy is another one worth keeping an eye on. We found it fascinating to discover that WordPress and Shopify websites dominate the high traffic ranks and this research is proof that any of these builders would be great for building a website or online store.

Website builders are gaining more precedence in the rankings, with builders like Wix consistently improving their SEO tools like partnering with Semrush – there will likely be more internet dominance with these CMSs in future. Check out our interview with Wix’s head of SEO Mordy Oberstein for more on the future of SEO.

Further Reading

• Wix Review: love extensive website features and an easy to use builder, see our review first.