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Global Web Hosting Services Market Growth, Price, Revenue, Share and Analysis by 2027

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Ketan Wagh
Global Web Hosting Services Market Growth, Price, Revenue, Share and Analysis by 2027

Market Overview

The web hosting services market is rising on a large scale. Increasing digitization worldwide has created boundless scopes for the World Wide Web. Having a presence on the World Wide Web has become crucial for new-age virtual identity and business growth strategies. The market growth attributes to growing adoptions of these web hosting services by increasing numbers of companies to increase the reach of their business, opportunities, and to get recognized quickly in the market.

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In its recent study, Market Research Future (MRFR) asserts that the global web hosting services market reached a valuation of USD 32.14 BN in 2017, which is expected to appreciate at 15.9% CAGR throughout the review period (2018-2023). Technological advances have made web hosting robust and more efficient, allowing individuals and enterprises to channelize their marketing efforts through various internet tools.

The rapid advances in web hosting services and the augmented uptake of web hosting services have led to the vast expanse of the market. The e-Commerce websites create large amounts of databases, making web hosting services essential to add more shopping carts to these websites, alongside the forums, communities, and chat-panels. Consecutively, the spurting growth in the eCommerce sectors worldwide boosts the development of the market.

Conversely, the lack of knowledge about the advantages the web hosting services and proper scaling strategy for the web traffic growing with the size of the business are significant factors forecasted to obstruct the growth of the market. Also, the lack of technical expertise of the hosting partner in migrating/expanding websites is a key factor acting as a headwind for the market growth.

Global Web Hosting Services Market   - Regional Analysis

North America dominates the web hosting market analysis. The largest market share attributes to technological advancements and the early adoption of innovative technologies. Besides, the presence of well-established industry players and technology development centers in the region drive market growth.

Moreover, the rapid adoption of these services and the rising number of enterprises in this region boost the web hosting market size. The North American web hosting services is projected to retain its dominance throughout the estimated period.

The Asia Pacific region stands second in the global web hosting services market. The market growth is fostered by the increasing uptake of web hosting services across the industries for various applications. Additionally, the growing adoption of these services by small and large organizations increases the web hosting market share. The APAC web hosting services market is expected to create a substantial revenue pocket during the assessment period.

Europe also holds a sizable share in the global web hosting services market. The region witnesses increasing demand for Internet Protocol (IP) telephony and unified communications as a service (UCaaS), which continues to drive the market growth.

Factors such as the rising uptake of these services, and increasing business in the region create value for companies and opportunities for service providers, increasing the web hosting market share. The European web hosting services market is expected to grow at the highest CAGR during the forecast period.

Global Web Hosting Services Market   - Competitive Analysis

Highly competitive, the web hosting services market appears fragmented due to the presence of several well-established players. To gain a larger competitive share, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and technology launch. To eliminate carbon footprints rising with the uses of many servers, industry players install more efficient servers at the locations, minimizing the environmental impact at the data centers.

Service providers strive to provide quality web hosting solutions with 24/7 technical support that can facilitate reliable, scalable, and affordable shared hosting plans, meeting the hosting needs, such as blogs, e-commerce storefronts, and custom websites. They also ensure to provide affordable and easy-to-setup web hosting plans, supported with domain names and free web applications, web design services, and custom hosting solutions for businesses.

Major Players:

Players leading the global web hosting services market are AT&T Inc.(US), Hosting.co.uk (UK), Amazon Web Services, Inc.(US), Equinix Inc.(US), Combell NV (Belgium), Endurance International Group (US), Google Inc.(US), Just Host (UK), GoDaddy Inc.(US), Easyhost (UK), LeaseWeb (Netherlands), and 1&1 Internet Inc.(US), among others.

Industry/Innovations/Related News:

August 26, 2020 ---- Cloud Equity Group SGP, LLC (the US), a private equity and mezzanine debt firm, announced the completion of its acquisition of all web hosting companies (web hosting portfolio) owned by Conseev, LLC, a software development firm in the US. These 11 distinct hosting brands provide web hosting services to subscribers worldwide through an international footprint spanning over 30 countries. Cloud Equity Group is rapidly expanding industries of web hosting and cloud-based infrastructure.

Global Web Hosting Services Market   -Segments

The report is segmented into five dynamics;

By Type                      : Website Builder, Dedicated Hosting, Collocated Hosting, and others.

By Application           : Public Website, Mobile Application, Intranet Site, Online Application, and others.

By Connectivity         : xDSL, Fiber, MPLS, Ethernet, IP-VPN, and others.

By Deployment          : Public, Private, and Hybrid.

By Regions                   : Europe, Americas, Asia Pacific, and the Rest-of-the-World.

Browse Complete Report @ https://www.marketresearchfuture.com/reports/web-hosting-services-market-2750

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:                                                                                     

Market Research Future

+1 646 845 9312

Email: [email protected]

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