Market Research Future published a research report on “Web Hosting Market Share Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Research Future (MRFR) has recently published a report on Web Hosting Market Share asserting that the global web hosting global market is anticipated to project significant expansion at a noteworthy CAGR of 16% during the forecast period of 2016-2022 and reach USD 154 Bn by the end of 2022.
Web hosting services facilitate the individuals or organizations with technologies and services required for the web page or websites to be viewed on the World Wide Web. The rapid development of e-commerce and the increasing demand for promotional platforms by the entrepreneurs in various sectors are some of the major drivers of the global Web Hosting Market. The high influx of various small to large players in the e-commerce industry is fueling the expansion of the Web Hosting Market Share.
As the technology is advancing further, the demand for cloud-based solutions in various fields is increasing at a rapid pace, leading to the expansion of the global web hosting services market. The increasing inclination towards entrepreneurship is inducing demand for online platforms for promoting and handling the businesses by purchasing web domains and creating websites and web pages, resulting in the expansion of the Web Hosting Market Share.
The growing trend of blogging is another driver causing the expansion of the global web hosting services market. The innovative initiatives undertaken by the service providers for business expansion in the global web hosting services market are creating multiple opportunities for the growth of the global web hosting services market during the forecast period.
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Web Hosting Market Share: Segmental Analysis
The global web hosting services market has been segmented on the basis of type, application, connectivity, and deployment.
- By mode of type, the global web hosting services market has been segmented into dedicated hosting, website builder, and collocated hosting. Among these, the website builder segment is estimated to retain its position by the end of the forecast period.
- By mode of application, the global web hosting services market has been segmented into mobile application, public website, online application, and intranet site. Among these, the mobile application segment is estimated to dominate the global market and is projected to expand at a CAGR of 17.2% throughout the forecast period.
- By mode of connectivity, the global web hosting services market has been segmented into MPLS, fiber, and ethernet. Among these, the fiber segment occupies the maximum share and is likely to retain its position throughout the review period.
- By mode of deployment, the global web hosting services market has been segmented into private, public, and hybrid. Among these, the public cloud segment is estimated to capture the highest CAGR and is predicted to remain lucrative over the forecast period due to the high adoption of public cloud services, coupled with better controlling of information assets, data, and users.
The prominent players in the Web Hosting Market are – Amazon Web Services (U.S.), AT&T Inc. (U.S.), Dreamhost Inc. (U.S.), Earthlink Inc. (U.S.), Equinix Inc. (U.S.), Google Inc. (U.S.), Endurance Technologies Ltd. (U.S.), GoDaddy Inc. (U.S.), Justhost (U.S.), Web.Com Group, Inc. (U.S.), among others.
Geographically, the web hosting services market span across regions namely, South America, North America, Europe, Asia Pacific, and the Middle East & Africa.
Among all the regions, the North American region occupies a relatively higher share and is considered to garner USD 21,862.6 million by the end of the forecast period. The growth is credited to the developed infrastructure along with technological advancements in this region.
The Europe region is estimated to trail North America in terms of revenue and size. The region is majorly led by Germany and is expected to remain an important growth pocket during the assessment period.
The Asia Pacific region is likely to experience a massive growth rate due to the augmenting demand for managed hosted private cloud environment. Moreover, with the consolidation of emerging markets like China and India, the market is likely to expand in this region.
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TABLE OF CONTENTS
1 Executive Summary
1.1 Prologue 14
2 Market Introduction
2.1 Definition 16
2.2 Scope Of The Study 16
2.3 List Of Assumptions 16
2.4 Market Structure 17
3 Research Methodology
3.1 Research Process 19
3.2 Primary Research 20
3.3 Secondary Research 21
3.4 Market Size Estimation 22
3.5 Forecast Model 22
4 Market Dynamics
4.1 Introduction 24
4.2 Drivers 25
4.2.1 Increasing Need To Upsurge The Website Performance 25
4.2.2 Improving Security In The Cloud 25
4.2.3 Drivers Impact Analysis 25
4.3 Challenges 25
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