News

20
Dec

Magento Growing at Rapid Pace

Magento developmentMagento released its Quarterly Magento Momentum Report on Friday, outlining several impressive figures of Magento’s rapid growth in the e-commerce space.

Although we’ve seen first-hand the impact of Magento’s success on e-commerce, it’s great to see the company decorate its most impressive feats in the press release. We’ve outlined some key statistics that make us the extra proud to be Magento developers.

  • According to Google Trends, the term “Magento” is now Googled more than the word “eCommerce.”
  • Since then the platform been downloaded more than 2.5 million times and powers in excess of $25 billion in annual sales from more than 80,000 merchants worldwide.
  • The Magento Connect marketplace, powered by Magento’s innovative community, now boasts more than 3,000 extensions and applications built by third-party developers as add-ons to the Magento eCommerce platform. New extensions create greater flexibility and innovation for merchants and are being developed at a rate of 100 to 150 per month.
  • Magento’s worldwide solutions partners are showing similar growth rates and success driven by the tremendous demand of merchants seeking Magento customization and integration for their eCommerce platform.

We’re pleased to be Magento users and developers, and extremely proud that we’ve been able to share in their successes. The company has come a long way in the past few years, and we hope they continue onward and upward!

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