Shopify

Updated May 12, 2026
17%
arrow_downward3% YoY
#4

Summary

  • Shopify ranks #4 within the Web Hosting & Site Builders category, maintaining its position month-over-month.
  • As of May 2026, 17% of organizations who have a vendor in the Web Hosting & Site Builders category use Shopify: down 3 percentage points from last year.
  • Shopify has the highest adoption among enterprise companies (26%), compared to mid-market (22%), small-to-medium businesses (16%), and micro-SMB (13%).
  • Shopify key capabilities include online store building, multi-channel selling, and payment processing, supporting ecommerce businesses from startup to enterprise scale.

Are businesses buying Shopify?

Key stats

17%
arrow_downward3% YoY
Mid-Market, 43%
10%
8%
#4
#6

Adoption Rates by company size

Company sizeAdoption rate
SMB16%
Mid-market22%
Enterprise26%

About Shopify

Shopify is a commerce platform that enables businesses to create online stores, manage sales, and process payments across multiple channels. It provides tools for entrepreneurs and enterprises to build and scale their ecommerce operations.

About this data

These insights come from Ramp’s procurement and renewal data, built on real-world transactions observed across our platform. Figures represent aggregated observations from Ramp Procurement and Renewals activity.

DateNew adopter shareCompetitor switch rateDominant FTE segmentAdoption rate (Enterprise)Adoption rate (Mid-Market)Adoption rate (SMB)
Apr 202610%8%Mid-Market, 43%26%22%16%
Mar 202611%8%Mid-Market, 43%27%22%16%
Feb 202612%8%Mid-Market, 43%29%22%17%
Jan 202610%9%Mid-Market, 42%28%22%17%
Dec 202510%9%Mid-Market, 43%30%23%17%
Nov 20259%9%Mid-Market, 44%29%23%17%
Oct 202513%9%Mid-Market, 44%29%23%17%
Sep 202510%9%Mid-Market, 44%29%23%17%
Aug 202513%9%Mid-Market, 44%30%24%18%
Jul 202510%10%Mid-Market, 45%31%24%18%
Jun 202513%10%Mid-Market, 45%29%24%18%
May 202510%10%Mid-Market, 46%29%24%18%
Apr 202513%10%Mid-Market, 46%30%25%19%
Mar 202514%9%Mid-Market, 47%29%25%19%
Feb 202516%10%Mid-Market, 48%29%25%19%
Jan 202515%10%Mid-Market, 48%28%24%19%
Dec 202413%11%Mid-Market, 47%26%24%19%
Nov 202418%11%Mid-Market, 47%27%25%20%
Oct 202414%11%Mid-Market, 48%25%24%19%
Sep 202415%11%Mid-Market, 50%23%24%20%
Aug 202418%11%Mid-Market, 50%21%24%20%
Jul 202414%10%Mid-Market, 51%20%23%20%
Jun 202414%8%Mid-Market, 51%20%23%20%
May 202418%8%Mid-Market, 51%20%23%20%

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