Web Hosting Services Market, By Type (Shared Hosting, Dedicated Hosting, VPS Hosting, Website Builder), by Deployment (Public, Private, Hybrid), By Connectivity (Ethernet, XDSL, VPN, MPLS, Fiber) opportunities and forecast 2020-2026. Web hosting refers to process of providing infrastructure in form of servers on payment basis by service providers such as GoDaddy, amazon web services, among others. The service market is segmented based on various application into mobile applications, public website, intranet sites, and online application. The public application is dominating web hosting market in 2019, but the mobile applications are expected to witness noteworthy growth during the forecast period.
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The global market is projected to witness noteworthy growth during the forecast period owing to the increasing levels of digitization that further causes inflation in demand rising from various end users. Moreover, there has been an upsurge in demand for the web hosting services due to continuously growing amount of data from end-users. Additionally, the growing population has led to the increase in the requirement of the new servers to keep data up-to-date. Growing need from end-users to increase performance of their website is a key driving factor for the market.
The key procurement criteria for web hosting services are consumer centric, dependent on the client requirement, suitable type of service is selected. For instance, website with low traffic, public hosting services would be appropriate, but if website with high traffic, devoted servers would be appropriate. However, presently colocation hosting services are undergoing the highest demand owed to its reasonable cost structure.
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North America accounted for highest market share in 2019. However the market’s growth in the region is slower than the growth of APAC and MEA, region accounted for the largest hosting services market share through the forecast period. The U.S. is the key market for the web hosting services in North America.
The growing demand for the web hosting services in region is mainly affected by the growth of various SMEs. The growth of e-commerce industry is also fuelling the growth of the market in the region. Furthermore, because of developments in communication network infrastructure, people in the region have the easy access to info through websites. This has augmented the penetration of Internet, which is consequently resulting in the high traffic on data servers. This is expected to induce enterprises to implement additional servers to stop traffic overload, in turn driving the need for the web hosting services.
The noticeable players in the market include Amazon Web Services, Equinix, Google Inc., GoDaddy, and others that offer web hosting services to upkeep the countless websites that are presently online. Currently the market is dominated by prominent players but in coming years, it is anticipated that the start-ups would have substantial market share owed to the accessibility of the hardware configurations at inexpensive rates.
- Alibaba Cloud
- Amazon Web Services, Inc.
- GoDaddy Inc.
- Google LLC
- Microsoft Corp.
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