GITNUX MARKETDATA REPORT 2024

Shopify Industry Statistics

Shopify's market capitalization has tripled over the past year, with over one million businesses using the platform and a revenue growth of 110% in the first quarter of 2021.

Highlights: Shopify Industry Statistics

  • Shopify currently has over 1 million active users across 175 countries.
  • Over $155 billion in sales has been made on Shopify since 2004.
  • In 2020, Shopify was available to users in more than 20 different languages.
  • Over 1,000,000 businesses use Shopify platform.
  • In 2019, Shopify achieved revenues of 1.58 billion USD.
  • Over 218 million unique shoppers bought from a store powered by Shopify in 2019.
  • There are over 5,300 apps available in the Shopify App Store.
  • Over half of Shopify merchants use a mobile device to run their business.
  • Shopify powers over 50% of all e-commerce businesses in the U.S.
  • Shopify’s share on the ecommerce platforms market is 22% making it second most popular.
  • Shopify is the third largest online retailer in the U.S. after Amazon and eBay.
  • About 42% of Shopify customers are from the United States.
  • There are over 820,000 Shopify stores active across the globe.
  • Fashion and Apparel is the largest segment of Shopify sellers, accounting for 15%.
  • Shopify powers over 530,000 businesses in over 175 countries.
  • Shopify offers over 70 themes to design your eCommerce store.
  • 29% of American internet users have shopped online at a store powered by Shopify.
  • Shopify Payments have been processed more than $100 billion in 2018.

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The Latest Shopify Industry Statistics Explained

Shopify currently has over 1 million active users across 175 countries.

The statistic “Shopify currently has over 1 million active users across 175 countries” indicates that Shopify, an e-commerce platform, has reached a significant milestone in terms of user adoption and global reach. The metric of “active users” suggests that these individuals are engaged with the platform, likely running online stores or purchasing products through Shopify-powered websites. The fact that users are spread across 175 countries highlights the international presence of Shopify, showcasing its ability to cater to a diverse range of markets and demographics. This statistic underscores Shopify’s prominence in the e-commerce industry and its success in appealing to a wide audience of users worldwide.

Over $155 billion in sales has been made on Shopify since 2004.

The statistic ‘Over $155 billion in sales has been made on Shopify since 2004’ indicates the total monetary value of sales transactions that have occurred on the Shopify e-commerce platform since its inception in 2004. It highlights the significant scale and success of the platform as a popular choice for individuals and businesses to create and manage online stores. This statistic serves as a testament to the platform’s ability to facilitate a large volume of transactions and generate substantial revenue for its users. Additionally, it underscores Shopify’s position as a major player in the e-commerce industry, demonstrating its widespread adoption and impact on online retail.

In 2020, Shopify was available to users in more than 20 different languages.

The statistic “In 2020, Shopify was available to users in more than 20 different languages” indicates that the e-commerce platform Shopify offered its services and interfaces in over 20 distinct languages to cater to a diverse global user base. This suggests that Shopify recognized the importance of providing multilingual support to reach a broader audience, facilitate better communication, and enhance user experience for customers worldwide. By offering its platform in various languages, Shopify aimed to break down language barriers and make it easier and more accessible for users from different regions and backgrounds to leverage its services for their online businesses.

Over 1,000,000 businesses use Shopify platform.

The statistic “Over 1,000,000 businesses use Shopify platform” indicates that there are at least one million businesses worldwide leveraging the services and features offered by the Shopify e-commerce platform. This figure underscores the widespread adoption and popularity of Shopify among online businesses for setting up and managing their online stores. The platform’s user base exceeding one million signifies its reputation as a trusted and preferred choice for entrepreneurs and businesses seeking an effective and user-friendly solution for their e-commerce operations.

In 2019, Shopify achieved revenues of 1.58 billion USD.

The statistic that Shopify achieved revenues of 1.58 billion USD in 2019 indicates the total amount of money generated by the company from the sales of its products or services during that year. This revenue figure is a key indicator of the company’s financial performance and growth trajectory. Achieving 1.58 billion in revenue signifies that Shopify experienced significant success in capturing market share, attracting customers, and driving business outcomes during 2019. This statistic serves as a measure of the company’s overall strength and competitiveness within the e-commerce industry, highlighting its ability to generate substantial income and sustain operations effectively.

Over 218 million unique shoppers bought from a store powered by Shopify in 2019.

The statistic “Over 218 million unique shoppers bought from a store powered by Shopify in 2019” indicates that a substantial number of individual consumers made purchases from retail outlets operating on the Shopify platform during the year 2019. This figure highlights the widespread use and popularity of Shopify as an e-commerce platform, with a large and diverse customer base engaging in online shopping through its affiliated stores. The high number of unique shoppers demonstrates the platform’s reach and success in facilitating transactions between sellers and buyers globally, illustrating Shopify’s significant presence in the e-commerce market.

There are over 5,300 apps available in the Shopify App Store.

The statistic that there are over 5,300 apps available in the Shopify App Store indicates a large and diverse selection of tools and services that users can leverage to enhance their online businesses. This wide range of apps suggests that businesses using the platform have access to various features such as marketing tools, inventory management, customer service solutions, and more. The abundance of apps also implies a vibrant ecosystem of developers contributing to the platform, continuously creating new solutions to meet the evolving needs of Shopify users. Overall, this statistic highlights the scalability and customization options available to Shopify merchants, allowing them to tailor their online stores to their specific requirements and drive business growth.

Over half of Shopify merchants use a mobile device to run their business.

The statistic “Over half of Shopify merchants use a mobile device to run their business” suggests that a significant portion of the merchants utilizing the Shopify platform primarily operate their businesses through mobile devices such as smartphones or tablets. This indicates a trend towards mobile commerce and highlights the increasing importance of mobile optimization for e-commerce businesses. Merchants using mobile devices to run their business may benefit from the flexibility and convenience that mobile technology offers, allowing them to manage their online store, track sales, engage with customers, and make decisions on the go. This statistic underscores the need for businesses to prioritize mobile-friendly strategies to cater to the preferences and behaviors of their target audience.

Shopify powers over 50% of all e-commerce businesses in the U.S.

The statistic that Shopify powers over 50% of all e-commerce businesses in the U.S. indicates that Shopify is a dominant player in the e-commerce market in the United States, with a significant market share. This means that a large portion of online retail transactions in the U.S. are conducted through websites that are built and managed on the Shopify platform. This level of market penetration suggests that Shopify is a preferred choice for businesses looking to establish an online presence and conduct e-commerce operations, highlighting its popularity, reliability, and industry trust.

Shopify’s share on the ecommerce platforms market is 22% making it second most popular.

The statistic that Shopify holds a 22% share in the ecommerce platforms market, making it the second most popular platform, signifies that a significant portion of online businesses leverage Shopify’s services for their ecommerce operations. This data suggests that Shopify is a leading player in the competitive ecommerce platforms industry, demonstrating its strong market presence and competitive standing. The 22% market share indicates that a considerable number of online businesses trust and choose Shopify for their ecommerce needs, highlighting the platform’s appeal, functionality, and popularity among merchants worldwide.

Shopify is the third largest online retailer in the U.S. after Amazon and eBay.

The statistic indicates that Shopify is the third-largest online retailer in the United States, trailing behind industry giants Amazon and eBay. This suggests that Shopify holds a significant market share in the e-commerce sector, positioning it as a major player in the online retail industry. Being ranked third signifies that Shopify’s platform is widely used by businesses and consumers in the U.S., showcasing its popularity and impact on the digital marketplace. This statistic highlights Shopify’s competitive position and success within the e-commerce landscape, solidifying its status as a key player in the online retail sector.

About 42% of Shopify customers are from the United States.

The statistic ‘About 42% of Shopify customers are from the United States’ indicates that nearly half of all customers using the Shopify platform come from the United States. This can provide insights into the geographic distribution of Shopify’s customer base, suggesting that the U.S. market is a significant contributor to the company’s overall customer base. Understanding the distribution of customers across different regions can help Shopify tailor its marketing strategies, product offerings, and customer support services to better cater to the needs and preferences of its U.S. customers, potentially leading to increased customer satisfaction and retention.

There are over 820,000 Shopify stores active across the globe.

The statistic “There are over 820,000 Shopify stores active across the globe” represents the total number of operational online stores utilizing the Shopify e-commerce platform worldwide. This number reflects the significant presence of Shopify in the global e-commerce market, indicating the platform’s popularity and widespread adoption by businesses of various sizes and industries. With a large number of active stores, Shopify has emerged as a leading e-commerce solution provider, offering businesses the tools and support they need to establish and grow their online presence. This statistic highlights the platform’s success in enabling businesses to create and manage their online stores efficiently and effectively, contributing to the continued growth and diversification of the e-commerce landscape.

Fashion and Apparel is the largest segment of Shopify sellers, accounting for 15%.

The statistic “Fashion and Apparel is the largest segment of Shopify sellers, accounting for 15%” means that out of all the different types of businesses that use the Shopify platform to sell their products, those in the Fashion and Apparel industry make up the largest proportion, representing 15% of the total. This indicates that there is a significant number of fashion and apparel businesses utilizing Shopify for their online sales compared to other industries. This information can be valuable for understanding the diversity of businesses on the platform and for strategic decision-making related to targeting and supporting sellers within the Fashion and Apparel sector.

Shopify powers over 530,000 businesses in over 175 countries.

The statistic that “Shopify powers over 530,000 businesses in over 175 countries” highlights the widespread adoption and success of the Shopify platform in enabling e-commerce businesses around the world. The figure of 530,000 businesses showcases the significant impact that Shopify has had in facilitating online entrepreneurship and commerce. Furthermore, the presence of Shopify in over 175 countries demonstrates its global reach and popularity among businesses seeking to establish or expand their online presence. This statistic underscores Shopify’s position as a key player in the e-commerce ecosystem, providing businesses of all sizes with the tools and resources to thrive in the digital marketplace.

Shopify offers over 70 themes to design your eCommerce store.

The statistic that Shopify offers over 70 themes to design your eCommerce store refers to the wide range of pre-designed templates available for users to customize and create their online retail site. Having a selection of over 70 themes provides users with a diverse set of options to choose from, catering to different styles, aesthetics, and functionalities that can best suit their business needs and brand identity. The availability of these themes can save users time and effort in designing their website from scratch, allowing them to easily create a professional and visually appealing online store on the Shopify platform.

29% of American internet users have shopped online at a store powered by Shopify.

The statistic states that 29% of American internet users have engaged in online shopping at a store that is powered by Shopify. This implies that nearly a third of internet users in the United States have made purchases from e-commerce websites utilizing Shopify’s platform. As a leading e-commerce platform provider, Shopify has gained popularity among retailers for its user-friendly interface and range of features to facilitate online transactions. The statistic highlights Shopify’s significance in the online shopping landscape, illustrating its substantial market share among internet users in the United States.

Shopify Payments have been processed more than $100 billion in 2018.

The statistic indicates that Shopify Payments, a payment processing service provided by the e-commerce platform Shopify, facilitated transactions totaling over $100 billion in the year 2018. This figure highlights the substantial volume and value of online transactions processed through Shopify Payments during that time period. The statistic underscores the platform’s widespread adoption and popularity among merchants and consumers, as well as its role in enabling secure and efficient financial transactions within the e-commerce ecosystem. Furthermore, reaching a milestone of $100 billion in processed payments reflects the significant growth and success of Shopify Payments in capturing a sizable market share in online payment processing within the e-commerce industry.

References

0. – https://www.www.shopify.in

1. – https://www.backlinko.com

2. – https://www.hostingtribunal.com

3. – https://www.www.websitebuilderexpert.com

4. – https://www.www.statista.com

5. – https://www.www.shopify.com

6. – https://www.www.mechanicweb.com

7. – https://www.www.ecommerceceo.com

8. – https://www.www.shopify.com.au

9. – https://www.news.shopify.com

10. – https://www.themes.shopify.com

11. – https://www.www.shopifyandyou.com

12. – https://www.www.webretailer.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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