Shopify named a Leader in the 2023 Gartner® Magic Quadrant™ for Digital Commerce

Shopify named a Leader in the 2023 Gartner® Magic Quadrant™ for Digital Commerce

Industry analyst firm Gartner has published its annual report evaluating digital commerce solutions, the 2023 Gartner Magic Quadrant for Digital Commerce, and we’re thrilled to announce that Shopify has been named a Leader and placed highest in our ability to execute. We’re honored by the recognition from Gartner and believe this is an acknowledgment to our innovation and unique vision for commerce. 

Earlier this year, we kicked off an initiative to transform our partner program and give Shopify partners a competitive advantage to build for the long term. We have since exploded into leading enterprise commerce through Commerce Components by Shopify, a modern composable stack that provides retailers with the flexibility to integrate and innovate without restrictions. 

Our product teams continue to fuel commerce innovation for businesses of all sizes, breaking the boundaries of what’s possible—just check out Shopify Editions to see our hundreds of recent product releases.

We’re thrilled to have a diverse partner network including thousands of leading development and digital marketing agencies, system integrators, and technology partners around the globe to provide insights and feedback to continually improve and drive our innovation forward. Here’s what this new recognition from Gartner means for you as a Shopify Partner. 

Building the future of commerce for enterprise retailers 

Shopify addresses the clear demand for modularity, flexibility and advanced development capabilities in the ever-evolving enterprise landscape—and we continue to innovate. We partnered with Google Cloud to address search abandonment, extended the availability of Shop Pay to enterprise retailers outside Shopify for the first time, and upgraded our integration with Adyen to offer even greater payment gateway choices. But we’re not stopping there.

Our commitment to innovation is crucial for the industry. From handling colossal product catalogs, limitless order volumes, multi-channel selling, or complex inventory management, Shopify’s infrastructure scales seamlessly to exceed the demands of enterprise-level operations.

Take Shop Pay as an example. Because we’ve made it available to enterprise businesses off Shopify, any retailer can get the best converting accelerated checkout on the internet. In a recent study, one of the big three global management consulting firms found that Shopify’s overall conversion rate outpaces the competition by up to 36%. The same study found that Shop Pay can boost conversion by as much as 50%, outperforming other accelerated checkout solutions by up to 10%.

Why does that matter? Enterprise retailers have distinct requirements that demand tailored solutions. Instead of imposing off-the-shelf or difficult-to-integrate options, we think outside the box and provide businesses with the optionality and flexibility they need. This means we’re a more valuable partner in their success.

“Enterprises are re-evaluating their digital commerce strategies to provide faster, more innovative and frictionless experiences that meet the high expectations their customers need. We believe this recognition reinforces Shopify’s ability to deliver high-quality, on-time and on-budget solutions for enterprise clients.” – Travis Hess, Managing Director, Accenture Song

The new possibilities for your clients

Legacy enterprise SaaS was once the default choice for these businesses. Whether they opted for custom-built or off-the-shelf, they were often locked into one option — regardless of any issues that arose.

We believe our recent recognition by Gartner reinforces Shopify’s ability to deliver best-in-class solutions for your clients, but we also believe it underscores the market’s strong demand for flexible and customizable solutions that are quick to implement. As builders of technology that contributes to growth, job creation and profitability, we have a responsibility to continuously innovate. We are driven to do more and achieve greater things, and our teams worldwide are committed to challenging the status quo and delivering transformative solutions that give your and your clients a competitive advantage.

“As companies increasingly move to improve their digital commerce experience, it becomes even more important that they implement a robust platform with the flexibility and innovation to scale. By partnering with Shopify, we’re able to support our client ambitions with a powerful platform that provides the flexibility to integrate and innovate without restrictions, while offering trusted infrastructure components that help their teams move faster. ” – Benjamin Crudo, CEO of Diff Agency 

What this recognition means for Shopify Partners 

As a Shopify partner, this report can help you drive greater profitability by taking advantage of Shopify’s innovation, speed, and scale to win deals and identify new opportunities.

“With this recognition from Gartner, we believe it’s clear that there has never been a better time to partner with Shopify. With the highest converting checkout on the internet and hundreds of product releases and major enhancements every year, we’re committed to continuing to provide a best-in-class product to help our partners grow their business.” – Ritu Khanna, VP, Global Partnerships at Shopify 

Shopify Partners can share this report with their customers to:

  • Serve as an essential report to make informed decisions when evaluating digital commerce solutions
  • Discover transformational technologies that help organizations deliver great buying experiences
  • Learn more about the technology and market trends driving digital commerce buying decisions
  • Showcase the value that Shopify will bring to their business

Read the 2023 Gartner Magic Quadrant for Digital Commerce to learn more. 

Gartner, Magic Quadrant for Digital Commerce, 21 August 2022, Jason Daigler, et. Al.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

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