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Shopify

Updated Mar 27, 2026
16%
arrow_downward2% YoY
#4

Summary

  • Shopify ranks #4 within the Web Hosting & Site Builders category, maintaining its position month-over-month.
  • As of March 2026, 16% of organizations who have a vendor in the Web Hosting & Site Builders category use Shopify: down 2 percentage points from last year.
  • Shopify has the highest adoption among enterprise companies (26%), compared to mid-market (21%), small-to-medium businesses (15%), and micro-SMB (12%).
  • 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

16%
arrow_downward2% YoY
Mid-Market, 43%
12%
10%
#3
#5

Adoption Rates by company size

Company sizeAdoption rate
SMB15%
Mid-market21%
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)
Feb 202612%10%Mid-Market, 43%26%21%15%
Jan 202611%10%Mid-Market, 42%26%21%15%
Dec 202511%10%Mid-Market, 43%28%21%15%
Nov 202513%10%Mid-Market, 44%26%21%15%
Oct 202513%10%Mid-Market, 44%26%21%15%
Sep 202511%9%Mid-Market, 45%26%22%15%
Aug 202516%9%Mid-Market, 45%27%22%15%
Jul 202511%9%Mid-Market, 44%27%22%16%
Jun 202513%10%Mid-Market, 44%26%22%16%
May 202512%10%Mid-Market, 45%26%22%16%
Apr 202513%10%Mid-Market, 44%27%23%16%
Mar 202512%10%Mid-Market, 44%28%23%17%
Feb 202514%11%Mid-Market, 44%29%23%17%
Jan 202514%10%Mid-Market, 44%28%23%18%
Dec 202414%10%Mid-Market, 44%26%23%18%
Nov 202416%11%Mid-Market, 43%27%23%18%
Oct 202413%11%Mid-Market, 43%25%23%18%
Sep 202415%11%Mid-Market, 43%23%22%18%
Aug 202416%12%Mid-Market, 42%21%22%18%
Jul 202414%12%Mid-Market, 42%20%21%18%
Jun 202413%8%Mid-Market, 42%20%22%18%
May 202417%9%Mid-Market, 42%20%22%18%
Apr 202413%9%Mid-Market, 41%19%22%18%
Mar 202411%6%Mid-Market, 40%19%21%19%

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