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Magento eCommerce Platform in 2019: Key Stats

Magento
Yaroslav Ketsman Content Writer
| 5 min read
Magento stats 2019 preview
Magento stats 2019 preview

Magento eCommerce platform has had quite a productive year. With the end of 2019 drawing closer, here are some of the platform’s most interesting and impressive statistics.

Number of eCommerce merchants using Magento platform

Number of merchants using Magento worldwide

Magento provides all the necessary tools to develop and grow a business, so it is no surprise that many merchants use it. In fact, according to Builtwith.com, there are currently over 250 000 online commerce merchants worldwide that use either version 1 or version 2 of the platform for their store.

Speaking about merchants that use Magento…

Many big companies are taking advantage of all Magento benefits in their online commerce. Here are a few names that you may recognize:

And the list goes on. Since so many big players are already using the platform, picking it for your store is a no-brainer. If you are looking for an experienced Magento development team to help you improve your eCommerce business – look no further.

Magento 2 is gaining traction

Number of Magento 2 websites since 2018

After Magento 1 end-of-life was announced, many merchants in online commerce started considering their options. Upgrade to Magento 2 or move to a completely different platform? Although opinions may differ, numbers do not lie: Magento 2 is becoming increasingly popular. In fact, since the end of 2018, the number of online commerce stores that use the new version of the platform has increased by a whopping 40%!

Many merchants postpone the upgrade because they fear that it may have negative effects on their eCommerce website and business as a whole. In truth though, your store will only benefit from the upgrade.

Magento’s presence in internet commerce

Percentage of Magento websites in eCommerce

Internet commerce is a huge place. And 12% of it is Magento. Not much to add here.

Money talks

Transactions handled by Magento websites

As great as some of the provided numbers may be, they mean nothing if they are not backed up by figures related to actual money. And the platform truly shines here. Over the past year, websites that use it have handled an estimated $155 bn (yes, billion) in transactions.

What’s even more, by the end of 2020 this number is expected to grow to an impressive $224 bn. These kinds of figures make Magento eCommerce platform the choice of so many merchants.

What is Magento’s main advantage?

Number of extensions in Magento marketplace

Picking just one main advantage of this platform is like picking Superman’s main superpower. He can literally do anything: fly, lift heavy objects, see through walls, hide his identity by just wearing glasses (don’t even get me started on this one). As an eCommerce platform, Magento is very similar in this regard (besides the glass-wearing part).

Unlike many other platforms, it gives you total control over your eCommerce store. However, this is only the tip of the iceberg. Its true power lies in the level of customization that it provides for your website, achieved with the help of extensions (blocks of code that add a certain feature). At the moment of writing, there are over 5000 extensions available on the Magento marketplace. That’s over 5000 customizations that you can choose from to make your store truly unique!

How does the future look for Magento?

In short – quite bright. More and more eCommerce merchants realize how beneficial the platform is, especially for businesses that want to develop and grow. If you require professional assistance in becoming part of the growing Magento family – reach out. There’s no time like the present!

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