Magento

Interesting Facts about Magento You Need to Know in 2023

ByJack

For many, websites and applications have replaced traditional sources of income. This is especially true for online stores that use these channels to communicate with clients all around the world.

With time, it has also gotten simpler to create an app and develop a website using DIY tools. The market is being dominated by website builders like WordPress, Shopify, and Magento as well as app builders like AppMySite.

We’re here today to talk specifically about Magento’s market share. Keep reading to get important statistics and facts about this well-known CMS platform and everything else you need to know.

Effects of Magento on Industry

Magento has had a significant impact on the e-commerce industry. It has succeeded to give Magento 2 migration services and users an excellent experience because of its top-notch features and mobile-friendly look. It includes very practical techniques that persuade clients to buy more, like cross-sells and upsells. You can thus produce dramatically increased sales and money.

Magento is responsible for 10% to 80% of the increase in e-commerce enterprises’ income, claims American firm Forrester Consulting. Its practical features and adaptability deserve all the credit for enabling merchants to attract more customers to increase marketing initiatives and sales events.

Magento Extends Around the Globe

Due to Magento’s immense popularity, the term “Magento” has received more Google searches than the term “Ecommerce.”

Yet given how well-known Magento is and how many users and developers there are all across the world, this isn’t too shocking. The Magento Certified Developer Program, which has certified Magento developers from 73 different countries, is an excellent yardstick for this. However, it should be noted that only 11 of the 73 nations with developers listed have more than 100 authorized developers.

The Magento directory currently has more than 3,800 certified developers, and that number is growing. Needless to add, there are a great deal more contributors to Magento who are not certified to use the platform.

Where Magento Wins Shopify?

Features 

The number of features offered by Magento appears to be unmatched by any other e-commerce platform, including Shopify. More often than not, Magento will enable you to operate your e-commerce store in the manner you like. Particularly striking are Magento’s quick cart checkout, content preview, and global commerce features. While Shopify too has a large feature set, Magento Commerce just has more to offer.

Customization and Augmentation

In addition to its large list of features, another advantage of Magento is that you can add any feature you want if the platform doesn’t already have it. Over twice as many apps and integrations are offered in the Magento Marketplace as there are in the Shopify App Store.

Due to the variety of these interfaces, you can fully personalize your store and increase functionality to meet your operational needs. The Marketplace also features a lot of “Magento Partners” integrations, which help Magento users improve the functionality of their stores.

Moreover, Magento’s Open Source option allows you a distinct way to design and modify your store, even though it may not be appropriate for all organizations. When compared to alternative e-commerce platform options, Magento does give you the freedom and resources to construct your business on an open-source platform.

Other Interesting Facts about Magento

  • The success of an online store depends heavily on the PSD to Magento conversion. With the use of pre-defined PSD development, SEO strategies may be planned out in advance.
  • Most current market polls indicate that Magento, with a 26% market share, has maintained its position as the most popular e-commerce development platform for the fourth consecutive year. This unmistakably indicates that Magento users are now more successful.
  • More than 125,000 businesses use the Magento platform today, including some of the most recognizable names in the world including Samsung, Ford, and Olympus.
  • Model-view-controller architecture and object-oriented programming principles are both utilized by Magento, which is built on the Zend framework. This facilitates bug-free and manageable coding.

Conclusion

All for today, then! The figures above show that Magento has a sizable market share. It has a lot of promise and is popular among many consumers worldwide. It is steadily growing under the aegis of Adobe.

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