Top e-commerce platforms by market share in 2018
The e-commerce industry is projected to balloon to $4.5 trillion by 2021. Here are the top platforms benefitting from this unprecedented growth.
The e-commerce industry has been rocking the business world for over the past two decades due to its astonishing growth in a short period of time.
A year ago, the industry was able to achieve sales figures amounting to $2.304 trillion, and this number is expected to blow up to $4.5 trillion by 2021.
Since 2014, the increase in sales reached up to 245.15 percent from the $1.3 trillion that year, as stated by the data acquired from Statista. The data also proves that the industry is attracting more entrepreneurs to take a shot.
Top e-commerce sites are gaining more revenue compared to many “in-store only” businesses—just look at Amazon’s 1,468 percent return since 2010. And with the continuously growing reliance on social media, the next generation of consumers are making e-commerce an integral part of their lives.
That is why we want those who want to build a sustainable online business and dab on e-commerce to arm themselves with as much knowledge about the industry as possible.
SaleHoo recently published a list of the top e-commerce platforms, ranked by usage. So if you’re thinking of starting an online store, this might be a good primer on choosing which platforms to use:
Top 10 e-commerce platforms by market share:
Total sites: 2,287,356
- United States: 401K sites
- United Kingdom 19K sites
- Australia: 17K sites
Total sites: 1,275,905
- United States: 513K sites
- United Kingdom: 23K sites
- Canada: 12K sites
3. Squarespace Commerce
Total sites: 1,075,124
- United States: 338K sites
- United Kingdom: 10.6K sites
- Australia: 8.7K sites
4. Wix Stores
Total sites: 978,742
- United States: 421K sites
- United Kingdom: 23.5K sites
- Mexico: 2.1K sites
Total sites: 794,234
- United States: 153.8K sites
- United Kingdom: 19.5K sites
- India: 3.6K sites
6. Zen Cart
Total sites: 780,139
- United States: 165K sites
- Germany: 43.3K sites
- France: 25.3K sites
Total sites: 651,035
- United States: 102K sites
- United Kingdom: 13.2K sites
- Germany: 11.6K sites
Total sites: 547,581
- United States: 129.2K sites
- France: 23.3K sites
- Spain: 16.9K sites
Total sites: 314,148
- United States: 33.7K sites
- Germany: 9.6K sites
- Italy: 8.5K sites
Total sites: 120,032
- United States: 52.7K sites
- Australia: 3.7K sites
- United Kingdom: 2.7K sites
DISCLAIMER: This article expresses my own ideas and opinions. Any information I have shared are from sources that I believe to be reliable and accurate. I did not receive any financial compensation for writing this post, nor do I own any shares in any company I’ve mentioned. I encourage any reader to do their own diligent research first before making any investment decisions.
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