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Global Application Hosting Industry Global Trends and Market Forecasts to Grow at a CAGR of 12.2% by 2022

02-29-2020 11:11 AM CET | IT, New Media & Software

Press release from: ReportsandReports

Global Application Hosting Industry Global Trends and Market

According to Market Study Report, Application Hosting Market provides a comprehensive analysis of the Application Hosting Market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Application Hosting Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Application Hosting Market size is estimated to be valued at US$ 40.81 Billion in 2017 and is projected to reach US$ 72.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period. This report spread across 126 Pages, Profiling 10 Companies and Supported with 66 Tables and 37 figures are now available in this research.

Top Companies profiled in the Application Hosting Market:
o AWS (US)
o IBM (US)
o Rackspace (US)
o Google (US)
o Liquid Web (US)
o Microsoft (US)
o Sungard AS (US)
o DXC (US)
o Apprenda (US)
o Navisite (US)

"The managed hosting segment is expected to have the largest market share during the forecast period."
Among the hosting types, the managed hosting segment is expected to have the largest market share during the forecast period, as managed hosting services provide a single-tenant dedicated environment for enterprises' business-critical applications in a cost-effective manner. Managed hosting services enhance the performance, control, and security of applications and enable enterprises to focus on their core business activities.

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"The mobile-based application type is expected to grow at a higher CAGR during the forecast period."
The mobile-based application type is expected to register faster growth rate during the forecast period, due to the increasing adoption and deployment of applications in the mobile environment. The rising number of smart phones across the globe has compelled organizations to invest in mobile applications. Mobile applications are now one of the main components of enterprises' strategies. Furthermore, mobile applications in various verticals, such as banking and eCommerce, help increase the sales of products and also enhance customer services.

"Asia Pacific (APAC) is expected to grow at the fastest rate during the forecast period."
Among the regional segments, APAC is expected to grow at the highest CAGR during the forecast period, as this region is rapidly adopting new digital technologies in its ecosystem. Furthermore, the region has a well-developed cloud infrastructure. Competitive pricing with a list of delivery models and myriad websites is expected to drive the growth of the application hosting market in APAC.

Competitive Landscape of Application Hosting Market:
1 Overview
2 Market Ranking Analysis
3 Competitive Scenario
3.1 Partnerships, Agreements, and Collaborations
3.2 New Product Launches
3.3 Mergers and Acquisitions
3.4 Business Expansions

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Reason to access this report:
o The report segments the application hosting market comprehensively and provides the closest approximations of the revenue numbers for the overall market and sub segments across different regions.
o The report helps stakeholders understand the pulse of the market and provides them information on the key market drivers, restraints, challenges, and opportunities.
o The report helps stakeholders understand their competitors and gain more insights to better their position in the market.

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