Pune, India, April 20, 2021 (GLOBE NEWSWIRE) — The international web hosting services market size is projected to attain USD 267.10 billion by 2028, exhibiting a CAGR of 18.0% in the course of the forecast interval. According to the Fortune Business Insights™ report, titled “Web Hosting Services Market, 2021-2028”, the market worth stood at USD 75.03 billion in 2020.
COVID-19 Impact
The COVID-19 pandemic outbreak has prompted unprecedented upheavals in bodily enterprise infrastructures as governments throughout the globe have had to impose lockdowns and social distancing measures to curb the unfold of the virus. For instance, a survey by the National Bureau of Economic Research (NBER) discovered that 43% of the respondents confronted a brief or everlasting shutdown of enterprise within the US in 2020 due to the pandemic. Similarly, a non-public survey in India revealed that the pandemic is ready to hit 74% of the startups within the nation. This dire scenario has, due to this fact, led the market to register a decrease CAGR of 11.9% and attain a price of 83.99 billion in 2021.
List of Key Players Covered on this Market Report:
- SiteFloor (Sofia, Bulgaria)
- Digitalocean, Inc. (New York, United States)
- Equinix, Inc. (California, United States)
- Clearlake Capital Group (California, United States)
- Hostinger International, Ltd. (Kaunas, Lithuania)
- Amazon.com, Inc. (Washington, United States)
- GoDaddy Operating Company, LLC (Arizona, United States)
- Google Inc. (California, United States)
- Liquid Web LLC (Michigan, United States)
- WPEngine, Inc. (Texas, United States)
- 1&1 IONOS Inc. (Montabaur, Germany)
- Cloudflare (California, United States)
- Alibaba Cloud (Hangzhou, China)
- DreamHost (California, United States)
- AT&T Inc. (Texas, United States)
Click right here to get the short-term and long-term influence of COVID-19 on this market.
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Market Drivers
Emergence of Hosting Services for Startups to Boost the Market
The proliferation of startups and small companies all over the world has created an intense want for cost-efficient and sustainable on-line platforms. Since the accessibility to the web is speedily growing, these entities are inserting a excessive significance on sustaining a robust digital presence and rising their companies within the digital house. To cater to this demand, a number of firms offering webhosting providers to startups have emerged and are gathering momentum worldwide. For instance, Hostwinds is a digital personal server (VPS) internet hosting service supplier that gives dependable providers and round the clock technical assist to small enterprises and startups within the US and the UK. Similarly, Bluehost gives a webhosting platform with options corresponding to GB file switch, free templates, domains, and limitless area internet hosting, all below one account. Thus, the emergence of webhosting firms delivering specialised providers to startup companies will speed up the expansion of this market.
Incorporation of AI in Web Hosting Services to Open New Vistas for Market Growth
One of probably the most promising components propelling the webhosting providers market progress is the incorporation and integration of synthetic intelligence (AI) and machine studying (ML) applied sciences in internet hosting platforms. AI and ML are enabling internet service suppliers to create and ship extra enhanced and complete merchandise to purchasers. For instance, the persistent menace of cyber-attacks and related crimes could be mitigated utilizing AI. Algorithms and firewalls powered by AI can detect bugs and malware and alert the supplier of the potential threats they’ll trigger to the platform. AI may increase the accuracy and proficiency of an internet site by caring for routine duties. AI-enabled chatbots, as an example, can talk with website guests and provide them with fundamental details about the service. This, in flip, may optimize area efficiency. Thus, AI holds limitless alternatives for internet service firms, which favors the expansion of this market.
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Market Segments
On the idea of kind, the market segments embody shared internet hosting, devoted internet hosting, collocated internet hosting, digital personal server internet hosting, and others.
Based on utility, the market has been divided into public web sites, cellular functions, intranet websites, and on-line functions.
In phrases of deployment, the market has been categorized into public cloud, personal cloud, and hybrid cloud. Here, the general public cloud phase led the market in 2020 with a share of 51.6%.
By area, the market has been segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.
Regional Insights
North America Revenue Generation Stood at $34.32 Billion in 2020, to Lead the Market until 2028
North America is predicted to dominate the webhosting providers market share in the course of the forecast interval, having generated income price USD 34.32 billion in 2020. The main place of the area is attributable to the extraordinary competitors amongst small enterprise enterprises within the area within the digital house. Moreover, the widespread adoption of smartphones and social media within the US and Canada are additionally prompting firms to focus their energies on sustaining a dynamic presence on digital platforms.
Europe is ready to emerge because the second-highest revenue-generating area, backed by a sturdy community infrastructure, 5G rollout, and IT outsourcing developments within the area. In Asia Pacific, the regular shift of companies to on-line platforms, with rising coverage assist, will stoke the demand for webhosting providers within the foreseeable future.
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Competitive Landscape
Agreements between Social Media Giants & Web Service Companies to Intensify Competition
Companies offering specialised webhosting providers are actively collaborating with social media bigwigs to widen the horizons of their companies. These collaborations are additionally aiding small & medium companies to entry next-gen applied sciences and leverage digital instruments to broaden their market presence.
Industry Developments:
- December 2020: Twitter inked a brand new settlement with Amazon Web Services (AWS) to harness AWS’s capabilities to enhance app and repair efficiency. Under the deal, Twitter will deploy AWS to supply a world cloud infrastructure to ship Twitter timelines.
- February 2020: GoDaddy introduced the acquisition of Uniregistry’s market and area registrar companies. Besides these, GoDaddy may even take over Uniregistry’s area portfolio consisting of greater than 350,000 names.
Major Table of Contents:
- Introduction
- Definition, By Segment
- Research Methodology/Approach
- Data Sources
- Key Takeaways
- Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
- Short-term Impact
- Long-term Impact
- Competition Landscape
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Force Analysis
- Global Web Hosting Services Key Players Market Share Insights and Analysis, 2020
- Key Market Insights and Strategic Recommendations
- Companies Profiled (Covered for key 10 gamers solely)
- Overview
- Key Management
- Headquarters and many others.
- Offerings/Business Segments
- Key Details (Key particulars are subjected to knowledge availability in public area and/or on paid databases)
- Employee Size
- Key Financials
- Past and Current Revenue
- Gross Margin
- Geographical Share
- Business Segment Share
- Recent Developments
- Overview
- Annexure / Appendix
- Global Web Hosting Services Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
- By Type (Value)
- Shared Hosting
- Dedicated Hosting
- Collocated Hosting
- Virtual Private Server Hosting
- Others (Reseller internet hosting, and many others.)
- By Application (Value)
- Public Website
- Mobile Application
- Intranet Site
- Online Application
- By Deployment (Value)
- By Type (Value)
- Global Web Hosting Services Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
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