$42.2bn
$X.Xbn
825k
190k
$XX.Xbn
Web design service providers have performed well during the current period. As the percentage of business conducted online expands, demand for website design has grown, boosting revenue for web design service providers. Strong economic conditions before the pandemic pushed corporate profit, so companies spent more of their income on redesigning their websites, benefiting the industry. Web design service providers thrived during COVID-19, as the shift to remote work raised investment in websites. Revenue was somewhat muted in 2020 as declining business sentiment and corporate profit reduced demand from businesses. High inflation currently threatens the industry, as rising prices for web design services have been encouraging buyers to use substitutes, such as in-house website design. Overall, revenue for web design service providers is anticipated to expand at a CAGR of 2.6% during the current period, reaching $42.2 billion in 2023, including a 4.0% jump in that year.
Industry revenue has grown at a CAGR of 2.6 % over the past five years, to reach an estimated $42.2bn in 2023.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($short_0)
2023 | Profit ($short_0)
2023 | Profit Margin (%)
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There are no companies that hold a large enough market share in the Web Design Services in the US industry for IBISWorld to include in this product.
Web Design Services in the US
Industry revenue is measured across several distinct product and services lines, including Custom platform web development, WordPress web development and Other content platform web development. Custom platform web development is the largest segment of the Web Design Services in the US.
Muted corporate profit shifts spending away from custom platform web development
Companies in this industry provide various 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.
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NAICS 54151 - Web Design Services in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Web design service providers performed well during the current period. Since the internet is still becoming more prevalent, demand for web design services has risen despite r...
Learn about an industry's products and services, markets and trends in international trade.
The internet has become more popular, so demand for WordPress has risen because it's inexpensive and easy to use. Low corporate profit and high inflation have moved consumers...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The West region is home to large technology companies such as Google and Apple. Technology corporations need many websites to advertise and organize their services, so demand...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Creating a web design service company is easy, as it only requires software, a few developers and an office space. These low barriers to entry enable many small companies to ...
Learn about the performance of the top companies in the industry.
Since market share concentration is low in this industry, there aren't any large players. Low barriers to entry, weak regulation and the prevalence of nonemployers make it ve...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Web design service providers don't face that much regulation. They must adhere to copyright and privacy laws that apply to their clients' work, which are enforced on domestic...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has crept downward during the current period because COVID-19 reduced spending on web design services. Increased interest in Internet services has also raised the numb...
Including values and annual change:
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Key data sources in the US include:
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These sources include:
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The market size of the Web Design Services in the US industry in United States is $42.2bn in 2024.
There are 190k businesses in the Web Design Services in the US industry in United States, which has grown at a CAGR of 4.0 % between 2018 and 2023.
The market size of the Web Design Services in the US industry in United States has been growing at a CAGR of 2.6 % between 2018 and 2023.
Over the next five years, the Web Design Services in the US industry in United States is expected to grow.
Custom platform web development and WordPress web development are part of the Web Design Services in the US industry.
The level of competition is high and increasing in the Web Design Services in the US industry in United States.