With 18% CAGR, Web Hosting Services Market to be Worth USD

Pune, India, Dec. 20, 2022 (GLOBE NEWSWIRE) — The world web hosting services market size was valued at USD 75.03 billion in 2020. The market is anticipated to develop from USD 83.99 billion in 2021 to USD 267.10 billion by 2028, exhibiting a CAGR of 18% in the course of the forecast interval. The progress predicted is backed by the surging funding by prime gamers to develop internet options throughout the industries, akin to BFSI, manufacturing, healthcare, and others. Fortune Business Insights™ mentions this data in its report titled “Web Hosting Services Market Forecast, 2022-2028.”

Key Industry Developments:

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 provide a world cloud infrastructure to ship Twitter timelines.

GoDaddy introduced the acquisition of Uniregistry’s market and area registrar companies. Besides these, GoDaddy will even take over Uniregistry’s area portfolio consisting of greater than 350,000 names.

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Report Scope & Segmentation

Report Coverage Details
Forecast Period 2021 to 2028
Forecast Period 2021 to 2028 CAGR 18%
2028 Value Projection USD 267.10 Billion
Base Year 2020
Web Hosting Services Market Size in 2020 USD 75.03 Billion
Historical Data for 2017 to 2019
No. of Pages 140
Segments lined Type, Application, Deployment and Geography

Highlights of the Report

The report presents useful insights into the market drivers, developments, and restraints, moreover offering a complete evaluation of all of the segments available in the market. Further, the report incorporates an in-depth examine of the regional developments and prospects of the market, together with detailed analysis into the aggressive dynamics of the market. Lastly, the report additionally shares a panoramic overview of the general business outlook.

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 short lived or everlasting shutdown of enterprise within the US in 2020 due to the pandemic. Similarly, a personal survey in India revealed that the pandemic is ready to hit 74% of the startups within the nation. This dire state of affairs has, due to this fact, led the market to register a decrease CAGR of 11.9% and attain a worth of 83.99 billion in 2021.

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Market Driver

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 rising, these entities are putting a excessive significance on sustaining a robust digital presence and rising their companies within the digital area. To cater to this demand, a number of firms offering internet hosting providers to startups have emerged and are gathering momentum worldwide. For instance, Hostwinds is a digital non-public 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 internet hosting platform with options akin to GB file switch, free templates, domains, and limitless area internet hosting, all below one account. Thus, the emergence of internet hosting 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 elements propelling the internet hosting 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 shoppers. For instance, the persistent menace of cyber-attacks and related crimes can 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 also can increase the accuracy and proficiency of an internet site by caring for routine duties. AI-enabled chatbots, for example, can talk with web site guests and provide them with primary details about the service. This, in flip, also can optimize area efficiency. Thus, AI holds limitless alternatives for internet service firms, which favors the expansion of this market.

Market Segments

On the premise of sort, the market segments embody shared internet hosting, devoted internet hosting, collocated internet hosting, digital non-public server internet hosting, and others.

Based on utility, the market has been divided into public web sites, cellular purposes, intranet websites, and on-line purposes.

In phrases of deployment, the market has been categorized into public cloud, non-public 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 anticipated to dominate the internet hosting 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 extreme competitors amongst small enterprise enterprises within the area within the digital area. 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 internet hosting 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 internet hosting 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 develop their market presence.

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)

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Major Table of Contents:

  • Global Web Hosting Services Key Players Market Share Insights and Analysis, 2020 
  • Key Market Insights and Strategic Recommendations
  • Companies Profiled
    • Overview
      • Key Management
      • Headquarters and so on.
    • Offerings/Business Segments
    • Key Details
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Geographical Share
        • Business Segment Share
    • Recent Developments
  • Annexure / Appendix
    • Global Web Hosting Services Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
      • By Type (USD)
        • Shared Hosting
        • Dedicated Hosting
        • Collocated Hosting
        • Virtual Private Server Hosting
        • Others (Reseller internet hosting, and so on.)
      • By Application (USD)
        • Public Website
        • Mobile Application
        • Intranet Site
        • Online Application
      • By Deployment (USD)
        • Public Cloud
        • Private Cloud
        • Hybrid Cloud
      • By Region (USD)
        • North America
        • Latin America
        • Europe
        • Middle East & Africa
        • Asia Pacific
    • North America Web Hosting Services Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
      • By Type (USD)
        • Shared Hosting
        • Dedicated Hosting
        • Collocated Hosting
        • Virtual Private Server Hosting
        • Others (Reseller internet hosting, and so on.)
      • By Application (USD)
        • Public Website
        • Mobile Application
        • Intranet Site
        • Online Application
      • By Deployment (USD)
        • Public Cloud
        • Private Cloud
        • Hybrid Cloud
      • By Country (USD)

TOC Continued…!

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