Shopify vs. Squarespace Statistics

Shopify and Squarespace may both power online stores, but they play very different games.

Shopify is the heavyweight in global commerce, processing more than $292.3 billion in 2024.

Squarespace, meanwhile, generated over $1.1 billion in total revenue last year, with a rising share coming from e-commerce.

But what does an actual statistical difference look like?

This report cuts through assumptions and dives straight into the 2025 data of Shopify VS Squarespace to help you make the right decisions.

Let’s start. 

Key Shopify vs. Squarespace Statistics:

  1. In 2024, over 875 million unique shoppers made purchases through Shopify stores, equivalent to roughly 1 in 6 internet users globally.
  2. As of Q1 2024, Squarespace had 4.91 million unique subscriptions, an increase from 4.63M in 2023, pushing its revenue run-rate to $1.12 billion.
  3. Approximately 2.7 million Shopify stores are U.S.-based, representing over half of Shopify’s total active store base and the largest country share
  4. As of early 2025, there are approximately 3,127,900 live Squarespace websites hosted in the United States, representing about 78% of all active Squarespace sites worldwide.

Sources:

  1. Shopify 
  2. BuiltWith

Platform Usage & Market Share 

Total VS Active Store Counts

Shopify is used to build roughly 9.09 million websites, but about 4.6 million (53%) of them are live storefronts. 

Squarespace has powered approximately 8.91 million websites, but only about 6.5 million (74%) of them are currently live. 

Share of Top‑Tier Sites 

Among the top 1 million e‑commerce websites, Shopify accounts for roughly 3.59% (35,900 stores) 

Squarespace Commerce is used by just 0.01% of the top 1 million e‑commerce websites, accounting for roughly 129 live storefronts.

Did You Know? Shopify alone accounts for nearly 29% of all e-commerce platform share in the U.S., whereas Squarespace holds 15% of that same U.S. market segment.

Sources:

  1. BuiltWith
  2. The Retail Exec

Merchant Growth Rate & Geographic Spread

Shopify Merchant Count Growth

Shopify stores grew from roughly 2.41 million at the end of Q3 2024 to about 2.64 million by mid‑2025, indicating close to a 9–10% increase in live store count over that period.

Quarter-over-quarter growth in mid‑2025 was 2.1%, showing steady, sustained expansion.

Squarespace’s live ecommerce stores increased from 319,505 at the end of 2024 to 353,410 by mid‑2025, reflecting 16% YoY growth in Q2 2025.

QoQ growth during the same period was 1.4%, showing consistent momentum. 

Geographic Spread & Market Distribution

Shopify dominates globally, supporting merchants in 175+ countries and counting over 2.7 million stores in the U.S. alone, which represents more than half of all its live stores.

Squarespace remains U.S.-centric: approximately 78% of its revenue and user base comes from the United States, underlining its strong domestic appeal.

Sources:

  1. Store Leads
  2. Built With

Revenue, GMV & Business Performance

Gross Merchandise Volume (GMV)

Shopify processed $292.3 billion in GMV in 2024, a 24% increase from $235.9 billion in 2023. 

Squarespace does not publicly report GMV figures, as its primary revenue model is subscription-based, not transaction-based.

Annual Revenue (FY 2024)

Shopify generated over $2 billion in Q2 2024 revenue alone, with projections estimating mid-20% YoY growth for the full year.

Squarespace reported $1.11 billion in total revenue for 2024, up from $1.01 billion in 2023, an 18–19% YoY growth

U.S. Revenue Share

Shopify attributes 57% of its GMV to U.S.-based merchants, making it the company’s largest national market.

As of Q1 2024, U.S. customers contributed about 71.5% of Squarespace’s total revenue ($201 million)

Sources:

  1. ByRadiant
  2. CompaniesMarketCap
  3. Demand Sage
  4. Backlinko
  5. Wikipedia

Cost of Ownership & Pricing Breakdown

Base Subscription & Transaction Fees

Shopify’s entry-level plan starts at $39/month, with transaction fees ranging from 2.4–2.9% + $0.30 per sale unless merchants use Shopify Payments, which waives the fee.

On paper, Squarespace is 41% cheaper at the base level.

However, Squarespace’s Business plan carries a 3% transaction fee, while Shopify waives additional fees if you use Shopify Payments.

If a merchant does $10,000/month in revenue, the 3% Squarespace fee adds up to $300/month, effectively making it 7.7× more expensive than Shopify’s Basic plan if transaction volume is high and Shopify Payments is used.

Total Cost of Ownership (TCO) Estimates

Shopify offers up to 33% lower total cost of ownership compared to peers, due to its integrated hosting, PCI compliance, seamless payment processing, and efficient scaling.

But this advantage applies mainly in the mid-to-enterprise tiers. 

For solo founders or small DTC brands, Squarespace may be 50–90% cheaper upfront, depending on add-ons.

Developer & Maintenance Costs

Shopify is developer-light for small brands, but scaling stores often add apps, paid themes, and custom integrations, pushing monthly costs into the $60K–$200K+ range for Shopify Plus implementations.

Squarespace is largely self-service and template-based. Most users build without developer support, keeping developer costs virtually negligible for common builds.

Sources:

  1. Avax Designs
  2. Squarespace

SEO & Conversion Optimization Statistics

Source: PlumRocket

Page Load Speed & Conversion Impact

Shopify stores average around 1.2s page render time, up to 2.4× faster than other platforms (2.17s).

Additionally, 93% of Shopify merchants report First Contentful Paint (FCP) under 1.8 seconds, meaning most stores fall within Google’s ideal UX thresholds.

Squarespace, in contrast, tends to hit 2.9s page load times, edging outside Google’s preferred window and likely causing higher bounce rates and lower conversions. 

Core Web Vitals (CWV)

37.49% of Shopify stores score “Good” on mobile CWV.

22.5% of Squarespace stores earn the same rating, about 40% fewer high-performing stores on what matters for SEO and mobile UX.

Shopify’s built-in CDN, Liquid templating, and optimized themes help a significantly higher portion of stores pass LCP, FID, and CLS benchmarks.

Conversion Impact of Speed

Shopify stores loading within 1s see up to 3× higher conversions compared to 3-5s load times.

Based on typical load differences, Squarespace stores (loading in a 3–5 s range) likely suffer a 32% drop in conversions due to slower performance and higher bounce rates, consistent with broader benchmarks.

Sources:

  1. Shopify
  2. 10 Web
  3. PlumRocket
  4. Shopify
  5. Google

Ecosystem and App Dependency

App Store Size & Ecosystem Scale

Shopify hosts approximately 15,900+ apps as of early to mid‑2025, supported by over 7,000–9,800 third‑party developers.

The ecosystem payout to developers has exceeded $1.5 billion lifetime, with top developers earning up to $167,000/year.

In comparison, Squarespace offers around 24‑46 official Extensions, based on audit data and company reporting, over 99% smaller than Shopify’s app ecosystem.

Merchant Dependency on Extensions/Apps

On Shopify, 87% of merchants install at least one third‑party app, averaging six apps per store on standard plans.

On Squarespace, there’s no such practice due to the unavailability of apps. 

Conversion & Business Impact from Apps

Shopify merchants using specialized apps like 3D product displays or upsell tools often see conversion rate lifts of up to 250% above stores without such tools.

Squarespace lacks a comparable third‑party app market, so users are largely limited to built-in features, with no available data on equivalent conversion gains.

Did you know? Nearly 9 in 10 Shopify merchants rely on apps, compared to over 60% of Squarespace users who install zero extensions. Shopify’s app ecosystem may cost more, but it delivers modular power that Squarespace simply doesn’t offer.

Sources:

  1. Mobiloud
  2. SiteBuilderReport

User Demographics & Business Type Breakdown

Business Type & User Focus

Shopify primarily powers B2C and direct-to-consumer (DTC) merchants, and around 74% of Shopify Plus users are SMBs selling physical products 

Squarespace skews toward creative professionals, service-based freelancers, and solopreneurs. 65% of Squarespace Commerce users sell services over physical products (portfolio sites, coaching, bookings).

Visitor Demographics & Mobile Behavior

Shopify shopper demographics: 55–60% are aged 25–44 years old, and 79% of traffic comes from mobile devices, with 71–81% of purchases made via mobile as of late 2024–2025.

On Squarespace, reports indicate a 56% female user base, with the largest age segment being 25–34 (30.6%), aligning with its appeal to creative and lifestyle users.

Sources:

  1. SimilarWeb
  2. HigoCreative

Did You Know? Nearly 60% of Squarespace merchants are women, and over one-third fall into the 25–34 age group, painting a clear picture: Squarespace is the platform favored by creative, female-led brands and solopreneurs

User Satisfaction & Experience

Overall G2 Satisfaction Score

Both platforms hold a 4.4 out of 5 rating on G2, based on verified user reviews.

However, Shopify’s rating comes from 4,694 reviews, while Squarespace’s comes from just 1,082.

Shopify has over 334% more reviews, suggesting broader adoption and stronger user consensus across diverse merchant types.

2. Cross-Platform Ratings

Shopify consistently scores 4.5+ out of 5 on platforms like Capterra, TrustRadius, and G2, with praise for reliability, support, and scalability.

Squarespace performs well on Capterra and G2 but takes a major hit on Trustpilot, where it averages just 1.2 out of 5 across 1,400+ reviews, due largely to billing, domain, and customer support complaints.

Squarespace’s Trustpilot rating is approximately 73% lower than Shopify’s average rating across the board, pulling down its overall sentiment.

3. Ease of Use & Onboarding

Shopify is known for its clean UI, fast onboarding, and helpful learning curve. Most users report going live in under 48 hours, especially with pre-built themes.

Squarespace may offer 25–30% faster setup times for basic sites, but Shopify is often preferred for more complex store builds due to its scalability and long-term flexibility.

4. Customer Support & Resolution

Shopify provides 24/7 live chat, email, phone support, and access to its Expert marketplace, giving merchants a strong safety net.

On G2, Shopify scores 18–22% higher in support-related categories, indicating faster resolution times and more comprehensive service options.

Sources:

  1. Shopify Reviews G2
  2. Squarespace Reviews G2
  3. Squarespace Review (2025) — All The Key Pros and Cons
  4. Shopify Review (2025): Pros & Cons
  5. Squarespace Reviews TrustPilot

Wrapping Up

If you’re looking to build a beautiful brochure site, portfolio, or simple online service business, Squarespace gets the job done quickly and affordably

But if your goal is to build a serious online store, scale globally, and drive revenue, there’s only one platform that delivers on every metric, and that’s Shopify.

Head-to-Head Comparison:

CategoryShopifySquarespaceWinner
Active Stores (2025)4.82M353K e-commerce storesShopify
Revenue (2024)$8B+ (est. from Q2)$1.11BShopify
Ecosystem (Apps/Extensions)13,900+ apps, 87% merchant usage46 official extensions, 60% never installShopify
Load Speed1–2s average3–5s averageShopify
Conversion Potential3× higher with <2s load30% drop at 3s+ loadShopify
SEO CapabilitiesAdvanced tools, structured data, app supportBasic metadata & redirectsShopify
User DemographicsProduct/DTC, SMBs, globalCreators, solopreneurs, U.S.-centricTie (Different use case)
Support Quality24/7 live chat + phone, expert marketplaceNo phone support, mixed reviewsShopify
G2 + TrustPilot Satisfaction4.4/5 G2 + 4.5/5 avg4.4/5 G2 + 1.2/5 TrustpilotShopify
Total Cost of OwnershipLower at scale, better ROICheaper upfront, but limited extensibilityShopify