Press release
Web Hosting Services Market Research Report, By Type (Website Builder, Dedicated Hosting, Collocated Hosting), By (Public Website, Mobile Application, Intranet Site, Online Application), By Connectivity (Fiber, MPLS, Ethernet), Deployment (Public Cloud, P
The global web hosting market size was valued at $57.46 billion in 2019, and is projected to reach at $183.05 billion by 2027, growing at a CAGR of 15.2% from 2020 to 2027. Web hosting is an online service that allows to publish web application or website on the Internet. The web hosting services are provided by the individual host of website in the form of collective service offerings. The services offered by hosts includes virtual private servers, collocated hosting, dedicated hosting, shared hosting, and cloud hosting. The advanced web hosting services provide various benefits such as superior performance, increased security, and increased security.On the basis of deployment mode, the public cloud segment exhibited the highest growth in the web hosting services market in 2019, and is expected to maintain its dominance in the upcoming years, due to public cloud hosting benefits such as scalability, flexible pricing, extreme reliability, and high performance. Aforementioned benefits fuel the growth in adoption of this type of deployment model by small and medium sized enterprises. However, the hybrid segment is expected to witness the highest growth, due to the advantages that hybrid cloud provides in contrast with the private and public cloud. For instance, in comparison with public cloud, these types of deployment models offer a higher level of security and uptime.
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The global web hosting services market share was dominated by the enterprise segment in 2019, and is expected to maintain its dominance in the upcoming years, due to surge in a number of enterprises around the globe and their efforts to expand online presence. However, the individual segment is expected to witness the highest growth, owing to the availability of simple and affordable hosting plans.
By application, the global web hosting services market share was dominated by the public website segment in 2019 and is expected to maintain its dominance in the upcoming years, due to the fact that such websites are accessible to anyone around the world. Hence, companies are using these websites to target a general population to sell their services or products. However, the mobile application segment is expected to witness the highest growth, due to the rapid growth in use of smartphone and upsurge in internet penetration across the globe.
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The report focuses on the growth prospects, restraints, and web hosting services market analysis. The study provides Porter’s five forces analysis of the Web Hosting Services industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the web hosting services market trends.
The factors such as rise in need to meet demands of regulatory compliance, increase in pressure on enterprises to keep pace with technological advancements, and the lack of technical expertise fuel the demand for managed web hosting services. This has fueled the growth of the market, owing to increased adoption of managed hosting where the hosting providers focus on the technical side of running the website.
Key Benefits For Stakeholders
This study includes the web hosting services market analysis, trends, and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and web hosting services market opportunity.
The web hosting services market size is quantitatively analyzed from 2019 to 2027 to highlight the financial competency of the industry.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in web hosting services market forecast.
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