The best Magento Development agencies and companies in Arkansas

As a leading digital B2B marketplace, Qualified.One is committed to providing comprehensive insights into various digital services across the globe. In this context, we present an in-depth analysis of Magento Development services in Arkansas (AR), a state with a thriving business landscape and a growing demand for digital solutions. This report will delve into the demographic and economic aspects of Arkansas, the global and local scenario of Magento Development services, and the pricing trends in the state. We aim to provide valuable data for businesses seeking Magento Development services in Arkansas and for service providers looking to understand the market better.

Arkansas Demography

Arkansas, with a population of approximately 3,067,732 people, is witnessing an annual growth rate of 3.28%. The majority of the population, around 2,362,154 people, are over 18 years old. This demographic data is crucial as it indicates a significant number of potential digital service users and online shoppers, thereby creating a demand for Magento Development services.

Arkansas Business Landscape

As of 2024, Arkansas has 103,230 registered businesses, with a yearly change in the number of businesses at 5.1%. The state's GDP stands at $176,878 million in 2023, with a robust GDP growth rate of 10.6%. The corporate tax in Arkansas is 5.3%, which is competitive and business-friendly. This thriving business landscape indicates a promising market for Magento Development services.

Magento Development Services Globally and in Arkansas

The global market size of Magento Development services is $84,400, with a growth rate of about 2.6%. The United States holds a significant share of this market, about 65% or $54,860. Given the growing digitalization and e-commerce trends in Arkansas, the state is likely to contribute significantly to this market.

Magento Development Services in the US

As mentioned, the United States dominates the global Magento Development market with a 65% share. This dominance can be attributed to the widespread adoption of e-commerce and digital solutions by businesses across the country. Arkansas, with its growing business landscape and digitalization trends, is a part of this thriving market.

Top Arkansas Cities: Economic Insights

Key cities in Arkansas, such as Washington, Lonoke, Conway, Johnson, Jefferson, Franklin, Van Buren, Madison, and Marion, contribute significantly to the state's economy. These cities have a combined population of over 500,000 people and an average income per capita ranging from $18,188 to $23,264. These economically important cities are potential markets for Magento Development services.

Magento Development Price in Arkansas

According to Qualified.One data, the pricing of Magento Development agencies in Arkansas is as follows: 31.4% of projects have a budget below $10,000, 38.9% have a budget $10k-$50k, 20.9% have a budget $50k-$200k, 1.3% have a budget $200k-$1 million, 0.2% have a budget $1 million-$10 million, and 0.2% have a budget over $10 million. The average Magento Development project size is $58,073.

Summary of Magento Development Market in Arkansas

Market Aspect	Data
Population of Arkansas	3,067,732
Number of Registered Businesses	103,230
Global Market Size of Magento Development	$84,400
US Share in Global Magento Development Market	65%
Average Project Size in Arkansas	$58,073

Magento Development agencies in United States

Magento Development agencies in Arkansas cities

Other Development companies in Arkansas

TOP 100 Magento Development companies in Arkansas