Application Hosting Market Poised for Exponential Expansion Amid Digital Transformation 

The market is segmented on the basis of service type, hosting type, deployment, enterprise size, application, industry vertical, and region. Based on service type, application hosting market is bifurcated into backup & recovery, application security, application monitoring, infrastructure services, database administration, and application programming interface management. On the basis of hosting type, it is classified into cloud hosting, managed hosting, colocation hosting, Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and software-as-a-service (SaaS). In terms of deployment, the market is bifurcated into cloud and on-premises. On the basis of enterprise size, it is classified into large enterprises and Small & Medium Enterprises (SMEs). By application, application hosting market is classified into web-based applications and mobile-based applications. By industry vertical, it is categorized into travel & tourism, energy & utilities, media & entertainment, retail & e-commerce, media & entertainment, IT & telecommunications, healthcare & life sciences, Banking, Financial Services & Insurance (BFSI), and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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Surge in Software-as-a-Service (SaaS) as well as software-centric approach among IT businesses to gain competitive advantage that leads to rise in adoption of application hosting services across the globe. Diverse agnostic acceptance for technological enhancement in business processes is facilitating the application of hosting services and solutions at a high rate. This factor is expected to anticipate high revenue growth of the global application hosting market owing to its benefits such as instant deployment, easy maintenance, reduced administration, and others. Plethora of hosting solutions with an array of broad-spectrum solutions and services is also a major factor that propels the growth of the global market. However, slow IT development in developing regions is posing an infrastructural challenge for implementation of the hosting technology in these regions. Whereas, vendor lock-in for cloud hosting situations further reduce the flexibility desired by organizations, which is expected to hamper growth of the global application hosting market.

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KEY BENEFITS FOR STAKEHOLDERS:

► The study provides an in-depth analysis of the global application hosting market along with the current trends and future estimations to elucidate the imminent investment pockets.

► Information about key drivers, restraints, and opportunities and their impact analysis on the global application hosting market size is provided.

► Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the global application hosting industry.

► The quantitative analysis of the application hosting market share is provided to determine the market potential.

The report has offered an all-inclusive analysis of the global Application Hosting Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

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Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

The report presents in-depth insights into each of the leading Application Hosting Market end user verticals along with annual forecasts to 2032. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

Key Market Players:

► Rackspace Technology, Inc.

► Google LLC

► Liquid Web LLC

► Sungard Availability Services

► Amazon Web Service, Inc.

► Atos SE

► IBM Corporation

► Microsoft Corporation

► Navisite

► DXC Technology

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