In Development: Operators Are Expected to Combat Rising Competition by Offering a Greater Range of Services
Website creation software developers have continued to grow as digital content and delivery have become essential to consumers and businesses. Rapid growth in the number of websites and how consumers interact has been fueled by a proliferating number of broadband connections, the advent of the smartphone and evolving consumer preferences. This opened up an opportunity for web developers to create software that enables individuals and small businesses to easily create web pages for themselves or their businesses. An uptick in the number of businesses in the United States has fueled the need for website creation software. The pandemic incentivized businesses to introduce or improve their online presence. It necessitated new or updated websites as businesses comply with lockdown orders and consumers turn more frequently to e-commerce options. Altogether, revenue is expected to grow at a CAGR of 7.1% over the five years to 2023, reaching $15.3 billion, including a 3.1% rise in 2023 alone.
The industry includes operators that develop and publish HTML editing software used to design websites.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adobe Inc.
Methodology
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