In recent times, Shopify has been the main topic among major market leaders when it comes to selecting the ideal platform for e-commerce. And this is no coincidence. It is the result of the platform's constant evolution and commitment.
With a series of important achievements and recognitions, Shopify has proven its value and its capacity for innovation.
If you’re curious to know why Shopify has been the preferred choice of major market leaders and how it can boost your business, you’ve come to the right place. In this article, we’ll list the platform’s recent accolades and explore the reasons behind its success and how it can benefit your business.
Shopify: Recognized as a Leader in the 2023 Gartner Magic Quadrant
This analysis is based on criteria such as strategic vision, execution capacity and degree of innovation, categorizing them as leaders, challengers, visionaries or niche competitors.
In 2023, Shopify was recognized as a Leader in this quadrant, reinforcing Shopify's ongoing commitment to providing a scalable platform that stays current with market trends. For those of you who want to understand why Shopify is such a reference, I highly recommend reading this article that details the reasons for this leadership.
IDC MarketScape 2024: Shopify Named a Leader in B2C Digital Commerce Platforms
The IDC MarketScape 2024 has named Shopify a Leader in B2C digital commerce platforms for the midmarket segment, defined as companies with revenues of $100 million to $500 million. This recognition highlights Shopify’s ability to meet the specific needs of enterprise businesses, providing the flexibility and scalability needed to grow and adapt in a rapidly changing market.
Nielsen and LinkedIn Survey: Shopify Recommended by Key Decision Makers
According to a recent survey by Nielsen in partnership with LinkedIn, Shopify was the preference of the majority of the world's most important decision-makers, who would recommend Shopify as an ecommerce platform.
Why Shopify?
The reasons for this preference are clear. Shopify stands out for being:-
The Most Scalable and Flexible Platform: Allows businesses to grow at their own pace, easily adapting to market changes and specific business needs.
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Deliver Fast Results: With Shopify, you can launch and manage online stores quickly and efficiently, ensuring businesses can respond quickly to market trends.
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Better Total Cost of Ownership (TCO): Shopify offers an excellent return on investment, thanks to its operational efficiency and reduced development and maintenance costs.
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Largest Ecosystem of Partners and Solutions on the Market: With access to a broad network of partners and solutions, companies can expand their capabilities and deliver superior shopping experiences.
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Robust Multitenant SaaS Platform: Offering a secure, scalable, and efficient cloud infrastructure, Shopify seamlessly scales to the needs of businesses of all sizes.
Impact on the Brazilian Market
The Brazilian market has not been immune to Shopify’s growing influence. Executives from large companies in Brazil have highlighted the ease of migration and the strategic decision to unify e-commerce platforms under Shopify Plus. In Brazil, Shopify leads the market with a 25% share, representing more than 139,000 companies.
In the United States, Shopify holds a 10% market share, representing millions of businesses scaling their operations through the Shopify e-commerce platform. The platform also reports an overall conversion rate that outperforms its competitors by up to 36%.
Investments and Innovations
In 2023, Shopify invested approximately $8.5 billion in research and development, resulting in the launch of over 100 new products every six months. This commitment to constant innovation ensures that the platform is always ahead of market trends, meeting the needs of online retailers and anticipating future demands.
💡 Click Here and stay up to date with the platform's main feature updates over the last 6 months.
We can help you!
It’s amazing how Shopify keeps bringing new and cutting-edge features to the market. If you’re looking to position your business at the forefront of e-commerce and make the most of what technology has to offer, it’s time to consider Shopify.
Alce Rocks is one of the first agencies to debut the Shopify Plus Partner category in Latin America and is among the best rated Shopify agencies!
Your project can count on our consultancy at every step, including migration, planning, design, architecture of customized solutions, development and ongoing monitoring.
Contact us using the form today to learn more about how we can help your business grow with Shopify.