Web Hosting Services Market 2018: Global Trends, Emerging Technologies, Growth Factors, Key Players Analysis, Competitive Landscape and Opportunity Assessment by 2023

Market Research Future published a research report on “Web Hosting Services Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Pune, India - October 12, 2018 /MarketersMedia/ —

Market Scenario:

Market Research Future (MRFR) has recently published a report on web hosting services market asserting that the global web hosting service 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 services market. The high influx of various small to large players in the e-commerce industry is fueling the expansion of the global web hosting services market.

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 global web hosting services market.

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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.

However, the increasing number of low-cost service providers in the web hosting services market and slow progress in technological aspects in the underdeveloped regions are likely to decelerate the growth of the global web hosting services market during the forecast period.

Web Hosting Services Global Market - Segmentation

The web hosting services market can be classified into 3 key segments for the convenience of the report and enhanced understanding;

• Segmentation by Type: Comprises of Web-Site Builders, Shared Hosting, Dedicated Hosting and Collocated Hosting
• Segmentation by Application: Comprises of Public Website, Mobile Application, Intranet Site and Online Application
• Segmentation by Region: Comprises of Geographical regions - North America, Europe, Asia Pacific and Rest of the World.

Key Players

The prominent players in the Web Hosting Services 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.

Web Hosting Services Global Market - Competitive Analysis

The market of web hosting services appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

Web Hosting Services Global Market - Regional Analysis

North America is expected to witness a significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of the web hosting services market in North America owing to the presence of a large number of established key players such as Amazon Web Services, AT&T Inc., DreamHost Inc., EarthLink Inc., Equinix Inc. and Google, Inc. among others. Also, due to the drastic fall in the usage of native applications and a considerable shift towards the adoption of cloud based applications in the region, the market is likely to show immense growth in the coming future. Web hosting services market in Asia Pacific is expected to grow at a substantial CAGR during 2017 to 2023 due to combination of enterprise demand for managed hosted private cloud environments and domestic sourcing requirements in the region. Whereas, the Europe market for web hosting services is expected to grow at a considerable CAGR (2017-2023). Its hosted Internet Protocol telephony and unified communications as a service market continues to have a strong growth that is creating value for businesses and growth opportunities for service providers.

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Intended Audience

• IT Solution Providers
• Government Organizations
• Research/Consultancy firms
• Business Organizations
• Web Hosting Service Providers.

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Name: Abhishek Sawant
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Release ID: 422374