Allied Market Research
Loading...
Cart
0

Web Hosting Services Market Expected to Reach $183 Billion by 2027

 

Report Code : A08162

quote Asia-Pacific is expected to observe highest growth rate during the forecast period, owing to the upsurge in a number of small & medium sized enterprises (SMEs) and rise in adoption of digital platforms among such businesses. Moreover, introduction of digitization initiatives by governments in this region boosts the web hosting services market growth. For instance, in Malaysia’s 2020 Budget presentation, the government launched SME Digitalization Initiative provided by the Ministry of Finance Malaysia to help SMEs adopt digitalization in their business operations. In addition, the leading countries with high growth rates across this region include China, India, Japan, and Australia. Enterprises in such counties are significantly embracing advanced technologies across their business ecosystem. In addition, the region has a well-built cloud infrastructure along with the competitive pricing of hosting services and a list of delivery models. This factor further fuels the growth of the web h quote

Rachita Rake
Research Analyst, ICT at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, “Web Hosting Services Market by Type, Deployment Model, Application, End User, and Region: Opportunity Analysis and Industry Forecast, 2020-2027,” 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.

The growth of the global web hosting services market is mainly driven by factors such as surge in a number of SMEs around the globe and their efforts to have online presence; proliferation of mobile marketing platforms; rise in demand for managed web hosting services; and availability of web hosting services with excellent server performance and features at cheapest prices. In addition, rise in demand for best hosting services during COVID-19 pandemic is projected to drive the growth of the web hosting services market. However, challenges associated with providing scalability and maintaining uptime may hamper the market growth to some extent. On the other hand, artificial intelligence (AI) in web hosting and rise in adoption of cloud-based gaming solutions is expected to provide lucrative opportunities for the market growth during the forecast period.

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 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.

By end user, 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 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 smartphones and upsurge in internet penetration across the globe.

Post COVID-19, the size of the web hosting services market is estimated to grow from $67.88 billion in 2020 and projected to reach $183.05 billion by 2027, at a CAGR of 15.2%. The current estimation of 2027 is projected to be higher than pre-COVID-19 estimates. The COVID-19 outbreak has low impact on the growth of the web hosting services market, as the web hosting services adoption have increased in the face of unprecedented circumstances. The pandemic has significantly pushed demands for web hosting services as most of the business owners have started to sell their products & services online. Web hosting providers have enabled the businesses to showcase their products & services on the website by providing an online virtual space. 

In addition, several market players offered free hosting services for a few months to help businesses during COVID-19 and uplift them in the time of the pandemic. In July 2020, Mailchimp announced to help small businesses during the COVID-19 crisis with custom domains free for up to 5 years, along with free website builder, until June 30, 2020. 

Key Findings Of The Study

  • By type, in 2019 the shared hosting dominated the web hosting services market size. However, the dedicated hosting segment is expected to exhibit significant growth during the forecast period.
  • Depending on deployment model, the public cloud generated the highest revenue in 2019. However, the hybrid cloud segment is expected to witness highest growth rate in the near future.
  • On the basis of application, the public website segment accounted for the highest revenue in 2019, however, the mobile application segment is expected to witness highest growth rate in the forecasted period.
  • On the basis of end user, the enterprise segment accounted for the highest revenue in 2019, however, the individual segment is expected to witness highest growth rate in the forecasted period.
  • Region wise, the web hosting services market analysis was dominated by North America region. However, Asia-Pacific is expected to witness significant growth in the upcoming years. 

Some of the key web hosting services industry players profiled in the report include 1&1 Internet Inc., Amazon Web Services Inc., AT&T Inc., Dreamhost Inc., Easyhost, GoDaddy Inc., Google Inc., InMotion Hosting, and Just Host. This study includes web hosting services market trends, analysis, and future estimations to determine the imminent investment pockets.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Web Hosting Services Market by Type (Website Builders, Shared Hosting, Dedicated Hosting, Collocated Hosting, and Others), Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud), Application (Public Website, Intranet Site, Mobile Application, and Web Application), and End User (Enterprise and Individual): Global Opportunity Analysis and Industry Forecast, 2020–2027 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Web Hosting Services Market"
Purchase Enquiry