Bing Digital is more than a team of web designers. We are experts in Magento ecommerce, and we don’t give our customers anything but the best. It takes two years to become a certified Bing Digital Magento Developer. This dedication to excellence is what puts us head and shoulders above the competition.
But what about Magento itself? The platform is fast, secure and easy to use. That’s why our certified developers love it, but also why it has enabled countless businesses to grow exponentially. In 2016, sales for merchants using Magento passed the $100 billion mark. And, according to the latest market research, this sales boom is set to continue…
The Magento ecosystem
It’s no secret that Magento is growing fast. The Magento ecosystem – a global network of partners and developers – now has over 150,000 partners and developers. To better understand the impact of their ecosystem, Magento have commissioned a study from global market researchers IDC.
Looking at all sales on the platform across the globe, IDC’s research found a massive $101 billion sales total for 2016. It’s no surprise when you see just how many people are using Magento platforms for ecommerce. The figure was the result of around 51 million online shoppers served by Magento merchants in the last calendar year.
Looking into the future, it appears the 2016 figures are just the tip of the iceberg for Magento merchants. IDC estimates that by 2020, the total sales value will more than double and increase to approximately $224 billion. As well as this huge sales increase, the number of Magento-served online shoppers is predicted to almost double to 98 million by the turn of the decade.
This estimated growth is reflected in the market more broadly too:
- By 2020, it’s thought online commerce will represent 19% of all commerce trade, compared to 14% in 2016.
- Similarly, the number of online shoppers is expected to grow from 2.3 to 2.9 billion
- There is also an interesting shift to mobile. IDC found 1.4 billion online shoppers using mobile in 2016, which is forecast to rise to 2.9 billion in 2020.
Capitalising on the growth
There’s no doubt about it – Magento generates incredible results. But to make the most of Magento and this growth in online sales, you need developers who are knowledgeable, experienced and highly skilled.
Bing Digital is an award-winning team of Magento-certified developers with a passion for ecommerce. Our Magento ecommerce solutions, can provide your business with a state-of-the-art ecommerce site that attracts visitors, generates sales and keeps customers coming back time and time again.
If you want to know more about how we can help your business grow online, give our team a call on 020 8242 1954 or get in touch online.