It is estimated for the global web hosting services market to reach USD 72.81 billion during the forecast period of 2019 to 2023. The market is estimated to register the growth at a CAGR of 13.4% during the forecast period. Growth of the e-commerce market and the implementation of AI in web hosting are the factors driving the growth of the market during the forecast period.
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The provision of space on the webserver for managing, accessing, and hosting the website is known as web hosting. Customized domains, attached email services, and security protection are the services provided by the Webhosting companies. The classification of web hosting can be done into shared hosting, dedicated hosting, website builder, and virtual private server hosting services.
The rise in the e-commerce industry is driving the growth for the web hosting services market.
With the increase in the number of mobile users and the availability of cost-effective data plans have been resulting in the growth of online marketing. Multiple offers such as home delivery, cash on delivery, various product availability and cashback offers are driving the customers towards online shopping. This is subsequently resulting in a rise in the adoption of web hosting services by e-commerce vendors. Web hosting service providers are also focusing on increasing their server and computing infrastructure with an increase in the number of e-commerce vendors.
Artificial Intelligence is expected to increase the demand for the web hosting services market.
Also, the upcoming market trends such as AI in the web hosting services are expected to grow the demand for the market during the forecast period. Security, self-repairing systems, and domain name protection and performance are the services the customers get allocated for with the implementation of AI in web hosting. Moreover, the adoption of AI also analyzes patterns to discover potential threats and protects website and customer information from cyber-attacks. Integrated with predictive analytics and machine learning AI can also provide reports about online sites targeted by malware.
Shared hosting to account for the largest share in the market during the forecast period.
Shared hosting, dedicated hosting, VPS hosting, and a website builder are the segmentation for the web hosting services market based on service type. In the year 2018, the shared service segment accounted for the highest share in the market and the trend is expected to continue throughout the forecast period.
APAC region to witness the growth at a significant rate during the forecast period.
North America is estimated to dominate the global web hosting services market during the forecast period. The APAC and MEA regions are estimated to account for the significant growth in the market during the forecast period with the US being the key market for web hosting services in this region. The growth of the SMEs in the region is driving the market for web hosting in North America. The region is also witnessing the growth with the rise in the e-commerce market.
Major players in the market include,
· Host Name
Segmentation of the market By Type,
- Cloud Based
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Segmentation of the market By Application,
- Public Website
- Intranet Services
Segmentation of the market By Region,
- North America
- South America
- To study and analyze the global Web Hosting Services market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Web Hosting Services market by identifying its various subsegments.
- Focuses on the key global Web Hosting Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Web Hosting Services with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the size of Web Hosting Services submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Table of content
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Web Hosting Services Market Size 2014–2024
2.1.2 Web Hosting Services Market Size CAGR by Region
2.2 Web Hosting Services Segment by Type
Key Que Answered in this report:
- What will the Global Web Hosting Services Market?
- What are the key factors Web Hosting Services Market?
- What are the key market trends in the Web Hosting Services Market?
- improve pasting the growth of this Web Hosting Services market?
- What are the market opportunities and threats faced by the Web Hosting Services Market?
- What are the key outcomes of the five forces analysis of the Web Hosting Services Market?
What is our report offers:
Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments
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