The global website builder tool market is anticipated to grow at a CAGR of 28% from 2023 to 2033, with revenue valued at US$ 3,754.2 million in 2023 and expected to exceed US$ 44,322.2 million by 2033.
The rising demand for PC website builders that offer novel website building possibilities raises the market proportion of free website builder tools. Enhanced safety and security regulations in addition to benefits connected to data storage via cloud technologies, drive consumption of website builder tools, as well as major developments and potential in the website builder tool industry.
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Various e-commerce free website builder tools with content management systems (CMS) used to create web pages and blog posts increase the market growth of website builder tools. The incorporation of machine learning and AI to enhance user interfaces boosts demand for website builder tools. The use of innovative web applications that cater to varied customer demands boosts the business of website builder tools even more.
Key Takeaways from the Website Builder Tool Market Report:
The Website Builder Tool Market Report highlights significant trends shaping the industry. Over the forecast period, the PC website builders sector is anticipated to show the highest Compound Annual Growth Rate (CAGR) at 27.5%, indicative of its increasing importance. Moreover, the market has demonstrated robust growth over the past five years, boasting a CAGR of 26.5%. Notably, North America emerges as a dominant force, commanding an estimated revenue share of 38%, while Europe presents itself as an emerging market with a projected revenue share of 25%. Looking ahead, the United States is poised for substantial growth, with a predicted CAGR of 27% in the coming decades, underscoring the region's promising prospects in the website builder tool market.
Competitive Landscape:
Wix’s new AI Site Generator tool, which was introduced in July 2023, enables clients to describe their goals and create a website that includes a homepage, internal pages, text and photographs, and business-specific modules for events, reservations, and others.
In July 2023, Appy Pie website builder announced the addition of new and sophisticated characteristics to its AI website builder with the purpose of aiding firms of all sizes across many verticals. Companies can easily convey their website needs by using text or audio prompts to provide fundamental data including the website’s name, kind, specialty, design, and goals.
Key Players:
Future Market Insights, in its new offering, presents an unbiased analysis of the global website builder tool market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.
The study reveals essential insights by Type (PC Website Builders, Mobile Website Builders), Application (Personal Website, School or College Websites, Business Website, Others), and Region.
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