21 Facts and stats you must know about Shopify web development and trends in ecommerce

In a world where e-commerce is booming, Shopify has emerged as a leader in the online shopping space, providing businesses with the tools to create and manage their online stores. But what are the facts and stats that you need to know about Shopify Developer in Moncton and trends in e-commerce? Here are 21 eye-opening numbers that will surprise and inspire you.

1. Shopify is currently the third-largest e-commerce platform in the world, behind only Amazon and eBay.
2. With over 1.7 million businesses across 175 countries, Shopify is a global phenomenon.
3. In 2021, Shopify raked in a whopping $3.2 billion in revenue, a jump from $2.9 billion the previous year.
4. Shopify’s gross merchandise volume (GMV) in 2021 was a staggering $119.6 billion, up from $88.6 billion in 2020.
5. In 2020, Shopify saw an incredible 96% increase in the number of new stores created compared to the previous year, demonstrating the platform’s massive popularity.
6. The United States is the top location for Shopify stores, with 61% of all stores based there.
7. With over 7,000 apps available in its app store, Shopify gives businesses an almost limitless variety of ways to enhance their online stores.
8. Shopify boasts a 99.98% uptime, meaning your store is virtually always available to customers.
9. In 2021, Shopify’s Black Friday sales exploded by 75% compared to the previous year, further cementing its dominance in the e-commerce industry.
10. The fashion and apparel industry dominates the Shopify space, accounting for 73% of all Shopify merchants.
11. With an impressive market share of 8.6%, Shopify has established itself as a major player in the e-commerce space.
12. As of 2021, Shopify’s market cap exceeded $190 billion, a testament to the company’s tremendous growth and success.
13. The average conversion rate for Shopify stores is 1.6%, indicating that businesses using Shopify are seeing significant success in converting visitors into customers.
14. In 2020, usage of Shopify’s mobile app spiked by 84% compared to the previous year, highlighting the importance of mobile optimization in the current e-commerce landscape.
15. In 2021, the average order value for Shopify stores was $75.51, illustrating the impressive purchasing power of Shopify’s customer base.
16. The top three revenue-generating Shopify apps are Oberlo, Loox, and Bold Product Options, demonstrating the popularity of these tools among businesses.
17. A staggering 67% of mobile users are more likely to purchase from a mobile-optimized site, making mobile optimization a must for businesses hoping to thrive in the current e-commerce space.
18. Shopify stores that incorporate video content see an average conversion rate of 1.86%, showcasing the power of video in engaging and converting customers.
19. A website’s design is the most important factor in determining a business’s credibility for 48% of consumers, making it essential for businesses to prioritize their online store’s design.
20. In 2021, a whopping 84% of consumers purchased products online, further emphasizing the importance of online stores for businesses.
21. The global e-commerce industry is expected to hit $6.5 trillion in sales by 2022, making this an exciting time for businesses to invest in Shopify web development.

In conclusion, Shopify Designer in Moncton and e-commerce trends are constantly evolving, and it’s crucial for businesses to stay up to date to stay competitive. By incorporating the latest trends like mobile optimization and video content, businesses can enhance the shopping experience for customers and build customer loyalty. With such impressive numbers and a rapidly growing e-commerce