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1 Market overview
1.1 Definition and presentation
The market for website development includes services for the creation and improvement of websites. The scope of professionals included in this industry range from web development itself to graphic identity design, improving the user experience in general, and database security. As of January 2020, there were 1.3 billion websites worldwide. [mill] Moreover, 48% of respondent in a survey by Techjury cited a website’s design is the primary factor subject to judgment of credibility.
Currently, there are two main types of service providers active on the website development market:
- Website hosts, who offer various options ranging from shared hosting (cheap) to so-called "turnkey" hosting, which allows a company to keep control over the content of its website;
- Web agencies, which are part of a communication group or independent firm. They target customers in all sectors and offer a variety of services tailored to the size and needs of companies. They rely primarily on their expertise in terms of digital communication and marketing.
The global market is set to grow at a rapid pace as internet usage increases and online services gain in importance.
In the US, web development is growing strongly and has done so for the last couple of years thanks to increased broadband penetration, wider smartphone usage, and a larger internet usage in general. Going forward, this trend is set to continue as online services are increasing. Nevertheless, there is increased competition from countries especially in Asia, offering services at a lower price. [MR]
Reputable firms in the US include Unified Infotech, Momentum Design Lab, Media Web, Bachoo, UX Studio, etc.
Going forward, particular attention will be paid to the development of website creation by companies which is done based on the success of e-commerce and the development of the Internet on mobiles. [MR]
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the website development market | United States
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