B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Dated

7.63%

7.63% -- ecommerce platform market share for Shopify (2023)

2023  · orbitvu.com

In 2023, Shopify had a 7.63 percent market share among e-commerce platforms, ranking as the fifth-largest platform.

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Attribution: orbitvu.com View source
Lighthouse Research Team
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Source verified Evidence graded
Value
7.63%
Unit
Percentage
Data Vintage
2023
Entity
Shopify
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
orbitvu.com Primary Tier C
https://orbitvu.com/blog/ten-essential-e-commerce-tools-increase-your-sales-2024 ↗
Confidence: 48/100 Vintage: 2023 Channel: Deep Crawl
Source Article
Ten Essential E-commerce Tools to Increase Your Sales in 2024
As the e-commerce sector continues to evolve rapidly, so does your competition. Wondering how to stay ahead of the curve? Optimize your processes and marketing efforts by leveraging the right e-commerce tools and automation! In 2024, the possibilities are unlimited. Automated e-commerce tools revolu…
Original Research
orbitvu.com · Original study ↗

Cited in vendor blog; original source not named

Methodology documented
Period Value Change
2020 12.02%
2021 20% +66.4%
2021 30% +50.0%
2021-06 26% -13.3%
2022 20% -23.1%
2022 31% +55.0%
2023 (current) 10% -67.7%
2023 (current) 26% +160.0%
2023 (current) 21% -19.2%
2023 (current) 7.63% -63.7%
2023 (current) 32% +319.4%
2024 19.55% -38.9%
2024 4% -79.5%
2024 30% +650.0%
2024 31% +3.3%
2025 28% -9.7%
2025 10% -64.3%
2025 23% +130.0%
2025 26.2% +13.9%
2025 30% +14.5%
2025 29% -3.3%
2025 10.32% -64.4%
2026 27% +161.6%
2026 25% -7.4%
2026 10% -60.0%
2026 30% +200.0%
2026 28% -6.7%
IndustryeCommerce Channelcontent
Plain Text
Shopify: 7.63% ecommerce platform market share. Source: orbitvu.com (2023). Via Lighthouse Intelligence -- https://lighthousedata.io/data/shopify-ecommerce-market-share-2023
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<blockquote cite="https://lighthousedata.io/data/shopify-ecommerce-market-share-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>7.63%</strong> -- ecommerce platform market share for Shopify<br><small>Source: orbitvu.com (2023) · <a href="https://lighthousedata.io/data/shopify-ecommerce-market-share-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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