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Web Design Services in the US Industry Market Research Report from IBISWorld Has Been Updated
  • USA - English


News provided by

IBISWorld

Mar 21, 2015, 10:00 ET

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New York, NY (PRWEB) March 21, 2015 -- The Web Design Services industry is expected to grow 4.9% per year on average to total $24.4 billion over the five years to 2015. Due to the proliferation of broadband and mobile internet connections, company websites have become an increasingly important opportunity to reach customers for small and large businesses alike. However, platforms that allow people without coding experience to create websites have stifled demand for industry services. Revenue gains are consequently anticipated to slow during 2015, with 2.8% growth projected during the year.

A growing number of potential clients are internally developing and maintaining their own websites

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According to IBISWorld Industry Analyst Britanny Carter, “Growing reliance on the internet has bolstered industry demand over the past five years.” Consumers are going digital and shifting their media consumption and purchasing decisions to the web. While the falling price of broadband internet has facilitated this trend over the past decade, mobile internet connection growth has soared over the past five years. On-the-go consumers are using their mobile web browsers to find local businesses, encouraging companies to expand their online presence and hire web designers to develop mobile-friendly websites.

Although demand is on the rise, many developers in the Software Publishing industry (IBISWorld report 51121) are creating platforms that allow people with little to no coding experience to develop websites. “As a result, a growing number of potential clients are internally developing and maintaining their own websites,” says Carter. According to the National Small Business Association's 2013 Small Business Technology survey (latest data available), 40.0% of small business owners managed their own tech support that year, up from 25.0% in 2010. Many large companies are also opting to develop native applications for mobile devices and tablets instead of web-optimized sites. Native applications boast an array of features, such as push notifications, that allow businesses to better connect with customers. These conditions have suppressed industry growth over the past five years.

In the five years to 2020, industry operators will continue to benefit from increased internet connectivity, particularly across mobile platforms. Online website development platforms, however, are anticipated to limit growth. Moreover, low barriers to entry will spur more players to enter the industry, hampering profit.

For more information, visit IBISWorld’s Web Design Services in the US industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

Companies in the Web Design Services industry provide an assortment of web design activities including web graphic design; user experience design; interface design; search engine optimization; and related aspects of code-writing. Web design services incorporate a variety of coding languages. While the industry’s services include those dedicated to mobile web design, it does not include companies that build native applications or manage a client's online retail operations.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Gavin Smith, IBISWorld, +1 (310) 866-5042, [email protected]

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