Bizizz Market Research has recently published a research report, “Web Hosting Services Market By Type (Website builder, Shared Hosting, Dedicated Hosting, Collocated Hosting), by Applications (Public Website, Mobile Application, Intranet Site, Online Application), by Connectivity (xDSL, Fiber, MPLS, Ethernet, IP-VPN), by Deployment( Public Cloud, Private Cloud, Hybrid Cloud) and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Web Hosting Services Market was valued at US$ XX BN in 2018 and it is anticipated to reach at market value of US$ 288 BN by 2027, witnessing a CAGR of 14.9 % during the forecast period. An increase in the acceptance of cloud computing solutions and the growing requirement for new servers for maintaining the data up to date and developing e-commerce sector are key drivers of the market. However, the increasing number of low-cost service providers in the web hosting services market and sluggish development in technological aspects in the small regions are expected to restrict the growth of the global web hosting services market.
Increasing levels of digitization, continuously growing amount of data from end-users, requirement for new servers for maintaining the data up to date, and the necessity to improve the performance of websites is stimulating the web hosting services market. Besides, the rising prominence of e-commerce services is leading to the growing implementation of websites and mobile softwares for financial matters. With an uptick in the number of e-commerce companies, web hosting service suppliers are also concentrating on expanding their server and computing substructure, which will augment market growth in the course of the evaluation period.
The Web Hosting Services Market Is Anticipated To Register A CAGR Of Over 14.9% During The Forecast Period.
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By Deployment, Public Cloud Based Web Hosting Services Market Segment Held A Prominent Share In Global Web Hosting Services Market In 2018.
The public cloud segment will have the highest percentage in the market share in the course of the projection period. This is due to better controlling of data, users, and information assets and the adoption of public cloud services. In public cloud services, the physical hardware is shared by several corporations. The multi-user setting makes it more comfortable to divide the infrastructure expenses over a number of users.
North America Is Anticipated To Dominate The Global Web Hosting Services Market During The Forecast Period.
North America dominated the web hosting market in 2018 by grasping maximum market share. The North American region is anticipated to uphold its supremacy over the global market for the duration of the projection period. This is due to the growth of SMEs and e-commerce business in the region. Moreover, the existence of major corporations operating in the web hosting services in the North American region is contributing to the growth of the market.
Prominent players operating in the Global Web Hosting Services Market are: Web.Com Group, Inc., AT&T Inc., 1&1 Internet Inc, Dreamhost Inc., Easyhost, Earthlink Inc., Google Inc., Combell NV, Endurance Technologies Ltd, Equinix Inc., GoDaddy Inc., Justhost, Hosting.co.uk, LeaseWeb, and Amazon Web Services among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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