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Growing Demand for Application Hosting Market at 11.8% of CAGR Through 2026 | Top Players: Amazon Web Services, IBM Corporation, Rackspace Inc., Google LLC, Liquid Web, Microsoft Corporation.| Coronavirus-COVID19 Impact Analysis

05-12-2020 02:33 PM CET | IT, New Media & Software

Press release from: AllTheResearch

The Global Application Hosting Market was valued at USD XX Bn in 2018 and is expected to reach USD XX Bn by 2026, growing at a CAGR of 11.8% by 2027.
The ripple effect of Coronavirus-COVID19 on the Application Hosting Market Ecosystem needs to become part of strategy discussions to emerge strong. The Analyst team is meticulously tracking the impact and relevance to all the sectors in the Application Hosting Market. Key data sets include Revenue Impact analysis, Disruptions and New opportunities in the Supply Chain, Revised Vendor Landscape Mix, New opportunities mapping, and more.

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Application hosting, also known as web applications, online applications, and internet-based applications, is a software-as-a-service (SaaS) solution that allows users to carry out and run a software application from remote cloud infrastructure on a periodic subscription. It is a cloud-based on-demand software that helps enterprises run their business applications on an online platform with continuous software updates, monitoring, and continuity in services.

AllTheResearch offers a most recent distributed report on Global Application Hosting industry examination and figure 2019-2025 conveying key bits of knowledge and giving an upper hand to customers through a point by point report. The report contains XX pages which profoundly displays on current market investigation situation, up and coming just as future chances, income development, evaluating and gainfulness.
Worldwide Application Hosting Market inspect reports consolidate market designs nuances, genuine scene, feature assessment, cost structure, capability, bargains, net advantage, and movement and measuring of business.

Market Segmentation:
Following Top Key players are profiled in this Market Study:
Amazon Web Services, IBM Corporation, Rackspace Inc., Google LLC, Liquid Web, Microsoft Corporation, Sungard Availability Services, DXC Technology, NaviSite, Inc., and Apprenda Inc., among others

This report analyzed By Type: On-premise, Cloud

By End-use Industry: BFSI, Telecommunications and IT, Media and Entertainment, Retail and Ecommerce, Travel and Tourism, Healthcare, and Others (Manufacturing and Utility)

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Based on the Service Type, the backup and recovery segment are expected to hold the largest share in the application hosting market during the forecast period.
Based on Service Type, the market has been segmented application monitoring, application programming interface management, infrastructure services, database administration, backup and recovery, and application security. The backup and recovery segment are expected to have the highest market share during the forecast period, owing to increased reliability and better IT resource management.

Based on the End-use Industry, the BFSI segment is expected to hold the largest share in the application hosting market during the forecast period.
Based on the End-use Industry, the market has been segmented into BFSI, telecommunications and IT, media and entertainment, retail and eCommerce, travel and tourism, healthcare, and others. The other segment includes manufacturing and utility. The BFSI segment is expected to have the highest market share during the forecast period owing to the rising adoption of omnichannel business models within the modern banking systems and growing requirement for 100% uptime along with high data security. For this, BFSI is entering into partnerships with leading hosting service providers to transfer their workload to the cloud environment, which is expected to fuel the demand for this segment.

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Regional Analysis:
North America
Europe
Asia Pacific
LATAM
Middle East Africa

Based on regions:
North America accounted for nearly 45% share of the global Application Hosting market in 2018 and is expected to dominate the market throughout the forecast period owing to the presence of leading manufacturers and direct government involvement for the implementation of pilot projects.

Asia-Pacific is expected to hold the highest CAGR in the global market during the forecast period owing to the presence of developing countries and one of the leading automobiles production countries, namely, China, India, and Japan. Moreover, growth is further attributable to the highest deployment of Application Hosting in China. This expected to increase the deployment of Application Hosting in the domestic market during the forecast period.

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AllTheResearch
Contact Person: Rohit B.
Tel: 1-888-691-6870
Email: contactus@alltheresearch.com
Website: https://www.alltheresearch.com

About Us:
AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision-making made us realise, that its not just sheer data-points, but the right analysis that creates a difference.

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