As of 2023, Shopify holds 29% of the US market share and 10% of the global market share after WooCommerce, Squarespace Online Stores and WooThemes.
4.4 million Shopify stores are operating worldwide, of which ⅓ rd of this number, i.e., 2.6 million stores are from the US itself.
Shopify stores have seen over 649 million purchases in 2022, with predictions of reaching over 700 million by the end of 2023.
Shopify Plus holds a market share of 1.19% with 25000 live websites, of which 15000+, i.e., 60% of websites are US-based.
The fashion and apparel industry is the top business category on Shopify, representing more than 27% of all stores on the platform, with 1 out of every 4 Shopify stores falling under this category.
With a merchant base of over 1 million merchants, Shopify is a highly favored eCommerce platform.
Shopify merchants sell over 1 billion products worldwide and ship them to over 200 countries and territories.
FedEx, UPS, and USPS are well-known Shopify shipping carriers, and over 15.2% of US-based Shopify stores rely on USPS postal services.
Shopify stores typically receive 3.04% of their traffic organically. Additionally, in 2020, the Shopify website was visited by more than 58 million individuals.
In 2015, Shopify became a publicly traded company with an IPO of approximately $130.9 million, and as of 2023, Shopify's revenue has exceeded $2,498 million.
Shopify offers over 8600 apps, with 80% created by third-party developers. More than 7000 of these apps are used by Shopify merchants daily.
Product review apps have the highest installation rate on Shopify at 21%, followed by Shopify Inbox at 13.3%