US Shopify Small and Medium-Sized Business Merchants and Penetration

Timeframe20202021202220232024
Shopify small and medium-sized business merchants (thousands)Maximum of two rows can be charted.
Deselect another chart icon to add this one.
– % changeMaximum of two rows can be charted.
Deselect another chart icon to add this one.
– % of total merchantsMaximum of two rows can be charted.
Deselect another chart icon to add this one.

Source: eMarketer

Note: small and medium-sized business merchants are merchants whose annual revenue is under $10 million

Methodology: Estimates are based on the analysis of data from other research firms and government agencies, historical trends, reported and estimated revenues from company reports, consumer online buying trends, and macro-level economic conditions.

Become a Client
Powerful data and analysis on nearly every digital topic.