Press release
Hosted Application Management (HAM) Services Market – Current Trends, Opportunities & Challenges by 2025
The main objective of this report is to define, describe, and forecast the global “Hosted Application Management (HAM) Services” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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A hosted application is an online application which can be accessed through the internet. Its application software resides on servers. A hosted application is also known as web-based application or internet-based application. Hosted applications are one of the forerunner service models of cloud services. Hosted applications are one of the pioneer service models of various cloud services. End-users, through their web browsers, get the application functionality experience similar to a desktop application within a hosted application. Hosted applications are easily deployable, as they don’t require any upfront installation and integration requirements. Various services available as a part of hosting packages include load balancing and disaster recovery. Security processes are also included as a part of hosting packages, which include intrusion detection, distributed denial of service (DDoS) mitigation and prevention, and vulnerability scans. A hosted service provider oversees and owns infrastructure, administrative, and software tasks and makes the system available to customers. Currently, businesses are outsourcing these cloud hosting services for end-to-end solutions, which have become an essential part of business operations. In a hosted application, there is no need to worry about patch releases, software upgrades, etc. The responsibility is assumed to be on the service provider side in a hosted model arrangement. Currently, integration of application is trending globally, as people are preferring integrated application due to improved functionality. End-users are expected to focus on cutting costs, as in-house management of ERP applications proves to be expensive.
Cloud-hosted applications have numerous benefits such as ease of use, ease of access, reduced physical clutter, cost savings, and reliability, which are driving the hosted application management (HAM) services market. These applications pose a low risk of local system corruption, as they are accessible through a web browser, which in turn is also driving the hosted application management services market. However, as a cloud host essentially gets access to data within businesses, companies may not be able to offer support immediately when businesses need to contact the company if an issue crops up. Hence, the businesses incur less control over their business operations. This factor is hampering the hosted application management services market. Businesses can seamlessly downscale or upscale their cloud resources due to hosted application management services. This is expected to create growth opportunities for the hosted application management services market. Moreover, application management outsourcing is estimated to increase due to greater agility, cost savings, improved system performance, and reduced risks.
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The global hosted application management services market is segmented based on service model, scope of web hosting services, and region. In terms of service model, the market can be segmented into software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) model. In terms of scope of web hosting services, the market is classified into smaller hosting services (web page & small scale web hosting) and larger hosting services (Large organizations need to be permanently connected to the web). In terms of geography, the market is segmented into North America, Asia Pacific, Middle East & Africa (MEA), South America, and Europe. The market in North America is expected to show sustainable growth in hosted application management services market in the near future due to the increasing adoption of cloud services and the presence of a large number of software companies in the region.
Industry participants leading the hosted application management services market with the significant developments are Accenture PLC, Cognizant Technology Solutions Corp, HP Inc., IBM Corporation, Tata Consultancy Services Limited, Cap Gemini S.A., Deloitte Touche Tohmatsu India LLP., Infosys Limited, Atos Corporation, and Bourntec Solutions Pvt Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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