Market Research Future has published a Cooked Research Report on the Global Web Hosting Services Market.
The market for web hosting services globally is predicted to develop at a rate of 16.31 percent CAGR. Additionally, it is anticipated that the market share for web hosting services will reach USD 288.29 billion.
The size of the web hosting services market will expand more steadily between 2020 and 2030 because of the rising global demand for communication channels and their applications. Furthermore, the development of the Web Hosting Services Market is greatly influenced by technological breakthroughs. Most individuals are moving to e-commerce websites instead of traditional markets due to the wide range of services supplied.
More individuals will utilize a web hosting in the coming years since it enables them to publish websites or web apps online. The market for web hosting services is expanding because of the companies' growing business operations. The firm's websites start receiving more traffic as the business expands. If the industry uses a shared server, it becomes challenging to manage the additional traffic. Therefore, the company must convert to another hosting, such as dedicated or colocation, to meet the increased traffic demand. However, the business can select any other hosting solution that it determines is appropriate for the organization and its workloads.
Regional Analysis
The global web hosting market significantly impacts North America, Europe, Asia-Pacific (APAC), and the rest of the world, depending on geographical distribution and importance. It is predicted that North America will dominate these regions during the projection period. North America will lead all other areas in market structure development and technological innovation.
North America is expected to account for the second-largest proportion of the global web-hosting market from 2017 to 2023. Germany will be the key driver of this faster development. Additionally, it is anticipated that the Asia-Pacific will have an increase in the compound annual growth rate in the long run.
Market Segmentation
The global web hosting market is divided into various segments based on segmentation. They are divided into Type and Application, deployment, and connectivity. The market is split into three categories based on type: Dedicated Hosting, Website Builder, and Collocated Hosting.
Mobile applications, open websites, online applications, and intranet sites can all be considered depending on the application. The three main sub-sectors of the market are MPLS, Fiber, and Ethernet, depending on connectivity. Private, public, and hybrid sub-segments can be distinguished based on the deployment mode.
Key Players
Many businesses use hosting services from critical providers to publish their websites online. These competitors also concentrate on growing their market shares by implementing tactics such as investments, new product and service launches, collaborations, mergers, and acquisitions. For instance, GoDaddy Operating Company, LLC declared the beginning of its new website and marketing service in September 2019. This new service is intended to be a one-stop shop where businesses can design their website and market it. The top companies contributing to the market are as follows:
- Amazon Web Services Inc.
- AT &T Inc.
- GoDaddy Inc.
- Endurance International Group
- Google Inc.
- Combell NV
- Equinix Inc.
- Easyhost
- 1&1 IONOS Inc.
- Hetzner Online GmbH
- WPEngine Inc.
- Liquid Web LLC
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Report details
| Base Year | 2019 |
| Companies Covered | 15 |
| Pages | 108 |
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