The global web hosting services market was valued at US$ 90.54 billion in 2018 and is expected to reach US$ 288.63 billion by 2027, growing at an estimated CAGR of 14.9% over the forecast period.
The global web hosting services market is expected to see significant growth over the forecast period due to the increased level of digitization that further generates inflation in demand from various end users. As the amount of data from end users continues to grow, the demand for web hosting services has increased. As the population grew, so did the demand for new servers to keep data up to date. In addition, the growing demand for end-user Web site performance is a major driver of the web hosting services market.
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Top key players of the web hosting services market are 1&1 IONOS Inc. Amazon Web Services, Inc., Bluehost Inc., Earthlink, Endurance International Group, Equinix, Inc., Google LLC, GoDaddy Operating Company LLC, Hostgator.com, LLC. Amongst others.
Web hosting refers to the process by which service providers such as Amazon Web Services and GoDaddy provide infrastructure in the form of servers on a lease basis. The web hosting market is divided into public websites, mobile applications, intranet sites, and online applications based on applications. Public website applications dominate the web hosting market in 2018, but over the next few years, the mobile application market is expected to grow significantly during the forecast period.
The hybrid cloud deployment model will grow significantly as the model offers some advantages compared to private and public clouds. The cost associated with a hybrid cloud is less expensive than a private cloud and offers resilient security and uptime when compared to a public cloud. The North American web hosting service market is expected to maintain its largest market share over the next eight years due to the large number of players in the region and the relatively high adoption of digital technologies.
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In the web hosting services market, the dedicated hosting services segment is expected to grow at an estimated CAGR of 16.4% over the forecasted years, the reason being it avails dedicated server along with a unique IP address to the users. The main advantage of using dedicated web hosting service are high security and maximum uptime.
Web hosting Services Market Type Research:
Market Application Research:
- VPS (Virtual Private Server) Web Hosting
- Shared Web Hosting
- Dedicated Web Hosting
Web hosting Services Market Regional Overview,
- Public Website
- Intranet Services
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Rest of South America
Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Marketing Strategies Undertaken
The report encompasses a brief of the numerous tactics that are adopted by prominent stakeholders with respect to product marketing.
The sales channels which are adopted by manufacturers are also briefly mentioned in the report.
The distributors of these products in addition to an overview of the top-notch customers for the same are included in the study.
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