Global web hosting services market was valued at USD 78.44 billion in 2021 and is expected to reach USD 254.86 billion by 2029, registering a CAGR of 15.87% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Web Hosting Services Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Adoption of advanced technologies by SMEs
Having a digital footprint has become crucial for businesses, regardless of the industry vertical they serve. For instance, according to recent research by the search engine Google, 97% of consumers worldwide use the internet to look for local businesses and the services they provide. As a result, there is an increase in demand for startups and SMEs to embrace web hosting services in order to reach their audience and increase the business's viability and credibility with them.
Opportunities presented by web hosting platforms
The need for managed web hosting services is driven by factors including the increasing pressure on businesses to keep up with technological innovations, the rise in regulatory compliance requirements, and the shortage of technical knowledge. Due to the rising use of managed hosting, where the hosting providers concentrate on the technical aspects of running the website, this has propelled the market's rise.
Opportunities
Growth and expansion
Growth and expansion of entertainment and media industry especially in the developing economies will present very many opportunities for the growth of the market. Additionally, the growing trend of digitalization further offers numerous growth opportunities within the market. The increasing number of end users on a daily basis, both at large and small scale, and complete digitization of operations will also work in favor of the market.
Restraints/Challenges
High costs associated with the technology
High costs and investment involved with integrating the technological systems with the existing infrastructure will derail the market growth rate The difficulties in ensuring scalability and uptime may limit market expansion to some extent will create hindrances for the growth of the market.
Web Hosting Services Market Scope
The web hosting services market is segmented on the basis of product, connectivity, application, deployment and end user.
Product
Website Builder
Shared Hosting
Dedicated Hosting
Collocated Hosting
Connectivity
xDSL
Fibre
MPLS
Ethernet
IP-VPN
Application
Public Websites
Intranet Services
Mobile Application
Online Application
Others
Deployment
Public Cloud
Private Cloud
Hybrid Cloud
End User
Enterprise
Individual
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Web Hosting Services Market Regional Analysis/Insights
The countries covered in the web hosting services market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Competitive Landscape and Web Hosting Services Market Share Analysis
The web hosting services market competitive landscape provides details by competitor.
Some of the major players operating in the web hosting services market are
Amazon Web Services,Inc. (U.S.)
Microsoft (U.S.)
Check Point Software Technologies Ltd.(U.S.)
Google LLC (U.S.)
Palo Alto Networks. (U.S.)
McAfee, LLC. (U.S.)
IBM (U.S.)
Zscaler, Inc. (U.S.)
Cisco Systems, Inc. (U.S.)
Fortinet, Inc. (U.S.)
Sophos Ltd. (U.K.)
Foreseeti (Sweden)
Broadcom. (U.S.)
Trend Micro Incorporated. (Japan)
Tenable,Inc. (U.S.)
Forcepoint (U.S.)
Imperva. (U.S.)
Proofpoint. (U.S.)
Cloudflare,Inc (U.S.)
Aqua Security Software Ltd. (Israel)
Qualys,Inc. (U.S.)
Konverge (U.S.)
Bitglass,Inc. (U.S.)
SiteLock (U.S.)
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MAJOR TOC OF THE REPORT: -
- Chapter One: Introduction
- Chapter Two: Market Analysis and Insights
- Chapter Three: Market Dynamics
- Chapter Four: Market Scope
- Chapter Five: Market Regional Insights
- Chapter Six: Competitive Landscape System Market
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