TECH SUPPLIER Dec 2019 - Market Forecast - Doc # US45468819
Worldwide Website Software Forecast, 2019-2023
By: Melissa Webster
This IDC study provides a sizing of the worldwide website software market in 2018 and a five-year forecast through 2023 by geographical region. It includes commentary on market growth and the emerging trends and provides actionable advice for technology suppliers.
"The website software market, which includes web content management, managed hosting for Drupal and WordPress, SaaS-templated website solutions for small and medium-sized business, and headless content management, will grow at a CAGR of 18.1% from 2018 to 2023, driven by the need to create and deliver rich, engaging experiences across the growing number of digital channels," said Melissa Webster, program vice president, Content and Digital Media Technologies at IDC. "The leaders in each of these segments will continue to grow share as the market further consolidates."
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