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April 1, 2022
US Shopify and Digital Commerce Platform Gross Payment Volume, 2020-2024 (billions and % change)
Note
A digital commerce platform is a comprehensive software that enables businesses to build digital storefronts and facilitates online transactions. Capabilities include the creation and design of web storefronts, managing product catalogs, support for inventory management, shopping cart and check-out ... capabilities, and customer account and data analytics. A digital commerce platform can support APIs and connect to third-party apps through a self-service portal. Examples include BigCommerce, Magento Commerce, Salesforce B2C Commerce, Shopify, Wix.com, WooCommerce, and others.Methodology
Estimates are based on the analysis of data from other research firms and government agencies, historical trends, reported and estimated revenues from company reports, consumer online buying trends, and macro-level economic conditions.Sources
Chart Title
US Shopify and Digital Commerce Platform Gross Payment Volume, 2020-2024 (billions and % change)Publication Date
April 1, 2022