Magento ECommerce Statistics & Magento Market Share And Growth 2022
Discover How Many Websites Use Magento In The World
Magento is an eCommerce platform that offers online merchants a place to sell their goods and services. The platform, which Adobe purchased in 2018, is based on open-source technology and written in PHP. Approximately 250,000 people use it to manage a flexible online store while controlling their website’s look and feel.
Magento has been around since 2007 but is growing at an exponential rate. Statistics from two years ago fail to capture the evolution of the eCommerce platform, which has tripled its customer base in recent years. Here are the numbers you need to know to understand Magento’s market share.
Top 10 Magento Usage Statistics
What Do You Want To Know?
Current Magento CMS Market Share In 2021
Magento has made a name for itself as one of the fastest-growing eCommerce platforms. According to Magento, the company has had a 200% growth in the past two years. It has also grown its processing power, handling more than $155 billion in transactions per year.
How Many Websites Use Magento in 2021?
More than 250,000 people use Magento. According to Built With, the user total jumped five-fold since 2011, when there were only 50,000 users. The company saw a significant increase in users from February 2016 to March 2017 when 48,000 people joined the eCommerce platform.
Magento has remained relevant in a competitive landscape because of its willingness to cater to mobile users. According to the Magento Year in Review, 46% of users are mobile, while 43.3% use desktops and the remaining portion comes from tablet users. While desktops remain the first choice for design and eCommerce revenue, mobile traffic remains a meaningful presence in business decisions.
What Percentage of Websites Use Magento in 2021?
Magento is responsible for 1.2% of the world’s websites. That is the ninth-highest percentage of any platform, more than Adobe Dreamweaver and Weebly. Some of the closest competitors above Magento include Wix and Squarespace.
Magento has become an increasingly attractive choice for people in search of a versatile eCommerce website. For instance, it lets online store owners accept a range of payments, such as credit cards, debit cards, and Apple Pay. Users can quickly scale their websites thanks to an intuitive admin panel and interface.
How Many Top Million Websites Use Magento in 2021?
Magento has 12,881 websites in the top one million most popular sites. That translates to 1.29% of all platforms. Users range across industries with everything from professional sports teams, like the Pittsburgh Steelers, to lawn maintenance companies, like Scotts.
According to Krish Techno Labs, Magento is the most popular eCommerce software in the top one million sites. The platform has ranked number one for three years in a row, commanding 26% of the market share. It has more than double the market share of competitors, such as VirtueMart, PrestaShop, and ZenCart.
What Are the Top 5 Countries Using Magento 2021?
- United States
- United Kingdom
The United States outpaces all other countries, making up 11% of all Magento users. It has 72,865 Magento sites, with the following four countries ranging between 6,900 and 15,300 users. Some of the notable American users, include Veggie Tales, Simple Truths, Jambase, and Shmoop.
There are at least five Magento sites in 135 countries. Most places have several hundred to several thousand users, such as Slovenia, Mexico, and New Zealand. Countries like Fiji and Barbados barely make this list, with each entrant hosting exactly five Magento websites in 2021.
Magento carries more than its weight when it comes to top tier platforms. Even though it powers 1.2% of websites, Magento makes up 1.29% of sites in the top one million. Magento also makes up 3.01% of websites in the top 100,000 and 2.19% in the top 10,000.
What Is Magento’s Market Share Growth?
There are several ways to look at the Magento market share. It powers 1.2% of all websites and owns 1.8% of the CMS market. Magento is also the leading eCommerce software platform, with more than a quarter of the total market share.
Magento’s current status as an eCommerce powerhouse demonstrates a remarkable turnaround since 2014. eBay purchased Magento for $180 million, intending to shut down many of the platform’s SMB services. The plans created a panic among its ten thousand users, and effectively put Magento on its deathbed.
Magento retracted the plans and kept its SMB services through 2015, but it couldn’t stem the user loss to competing services. The blow proved a silver lining as Magento shifted toward mid-enterprise and beginning users. The platform turned a profit in the following three years and increased ten-fold in value.
Magento’s ascension is one of the reasons Adobe purchased it in 2018. The multinational computer software company used the acquisition to expand its marketing footprint. Adobe plans to enable commerce with Magento Commerce Cloud across its Adobe Experience Cloud to better serve B2B and B2C customers.
The splash makes Adobe an immediate competitor with other shopping cart services, like Shopify and BigCommerce. Magento enables a real-time experience throughout the entire shopping visit. Adobe’s goal is to elevate their products with a more personable interface during the online shopping experience.
Magento Vs E-Commerce CMS
Comparing Magento Market Share Growth To Other CMS
Magento’s growth flies in the face of current trends. Like WordPress, a few systems have sustained a one to 4% annual growth over the past eight years. Other giants, including Drupal and Joomla, have staggered, both experiencing declines in growth recently.
Magento and WordPress are among the few growing open-source CMS platforms. Not including WordPress, open-source programs fell from a 9.4 to an 8.4% market share last year. Experts project that figure to fall to 7.6% by the end of 2021.
The market shift hasn’t meant a decline for everyone. Some of the winners include Shopify and Wix, which gained 1.3 and 1.0% market shares, respectively. Squarespace was the biggest winner among competing CMSs, gaining a 1.4% market share.
Magento Vs WooCommerce
Magento WooComerce Market Share Statistics
WooCommerce is the most popular eCommerce plugin with a 4.9% market share. It’s a leading choice among small businesses and websites. More than 82 million people have downloaded the plugin since its inception, with its most recent version, 4.0.1, receiving five million installations.
Magento vs. Joomla Market Share
Magento is the premier choice for people looking to optimize eCommerce performance, while Joomla caters to CMS functionality. Magento offers more original designs and is more complicated than Joomla’s social-first themes. Joomla is the second-most popular CMS with a 5.2% market share and more than 1.8 million live sites
Magento vs. Shopify Market Share
Shopify is ideal for beginners who want to create an unlimited inventory for their online store. Magento offers more intermediate and advanced features, making it more powerful and technical. Shopify is the fourth most popular CMS, with a 2.7% market share and nearly 800,000 live websites
Why Is Magento One of the Largest CMS Platforms?
Adobe’s purchase of Magento elevated the CMS platform to new heights. It is not as though Magento lacked merits before the acquisition. The platform excels at creating user-friendly shopping carts, customized product pages, and responsive designs and themes.
Magento CE (Community) is free, which attracts many cash-strapped entrepreneurs and startups. Magento Community has more than enough features to get a business off the ground and includes Enterprise functionality. Magento EE (Enterprise) starts at $22,000 and is ideal for larger organizations and budgets.
Magento includes cloud hosting services for $2,000 through Nexcess. The partnership is a reliable source for optimizing service configurations and has shared and dedicated hosting options. Other services Magento offers include SEO, designing, and extension installation.
Magento Popularity Conclusion
It would have been easy to consider Magento dead in 2014. Adobe’s acquisition from eBay breathed new life into the platform, as it transformed into a leading eCommerce resource for users worldwide. It is one of the most popular CMS platforms and a leading choice in eCommerce software.
Magento’s upward trajectory bodes well for the future. Experts already predict hundreds of billions of dollars in transactions over the coming years and thousands of additional users. It’s easy to see why Magento is among the hottest up-and-coming software in 2021.