August 27 2020
Market Research Future published a research report on “Coronavirus Impact on Web Hosting Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Market Scenario
The global web hosting market is predicted to register 15.9% CAGR during the forecast period (2018-2023) owing to the rising ownership of smartphones, asserts Market Research Future (MRFR). Web hosting services enable organizations and individuals with services and technologies which is required for websites to be viewed on the internet. A web hosting service provider allows individuals as well as organizations to post a web page or a website over the internet. The era of digitization has created limitless scopes for the internet, expanding it beyond our expectations.
Drivers and Constraints Impacting the Market
With the rapid development of the e-commerce sector coupled with the augmenting demand for promotional platforms by entrepreneurs of several platforms, the global Coronavirus Impact on Web Hosting Market is likely to flourish during the forecast period. Also, the high influx of small to large players in the e-commerce sector has contributed to the expansion of the web hosting market across the globe. With the proliferation of the internet, several enterprises are giving up their traditional representations in order to adopt the new-age virtual identity. Acquiring a spot over the internet has become a crucial part of the growth strategies of the modern business. As the demand for digital space continues to grow, the web hosting services market is considered to expand. Moreover, technological advancements have made web hosting more efficient and robust, which has further allowed individuals to channelize their marketing efforts with the help of internet tools. The growth of the market is further guided by threats posed by data breach and cyber-attacks. Upgradation and investments made in the web hosting domain coupled with the additional layers of security are some of the major factors likely to generate revenue.
On the flip side, security is considered the biggest critical aspect which is likely to slow down the market growth to a certain extent.
Key Players
The prominent players in the Web Hosting Market are – Amazon Web Services (U.S.), AT&T Inc. (U.S.), Dreamhost Inc. (U.S.), Earthlink Inc. (U.S.), Equinix Inc. (U.S.), Google Inc. (U.S.), Endurance Technologies Ltd. (U.S.), GoDaddy Inc. (U.S.), Justhost (U.S.), Web.Com Group, Inc. (U.S.), among others.
Global Web Hosting Services Market: Segmental Analysis
The global web hosting services market has been segmented on the basis of type, application, connectivity, and deployment.
Regional Insights
Geographically, the web hosting services market span across regions namely, South America, North America, Europe, Asia Pacific, and the Middle East & Africa.
Among all the regions, the North American region occupies a relatively higher share and is considered to garner USD 21,862.6 million by the end of the forecast period. The growth is credited to the developed infrastructure along with technological advancements in this region.
The Europe region is estimated to trail North America in terms of revenue and size. The region is majorly led by Germany and is expected to remain an important growth pocket during the assessment period.
The Asia Pacific region is likely to experience a massive growth rate due to the augmenting demand for managed hosted private cloud environment. Moreover, with the consolidation of emerging markets like China and India, the market is likely to expand in this region.
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TABLE OF CONTENTS
List of Figures
Figure 1 Global Market: Market Structure 17
Figure 2 Research Process Of Mrfr 19
Figure 3 Top Down & Bottom Up Approach 22
Figure 4 Droc Analysis Of Global Market 24
Figure 5 Drivers Impact Analysis: Global Web Hosting Services Market 25
Figure 6 Challenge Impact Analysis: Global Web Hosting Services Market 26
Figure 7 Value Chain: Global Web Hosting Services Market 28
Figure 9 Global Market, By Type, 2017 Vs 2023 (Usd Million) 33
Figure 10 Global Market, By Application, 2017 Vs 2023 (Usd Million) 36
Figure 11 Global Market, By Connectivity, 2017 Vs 2023 (Usd Million) 39
Figure 12 Global Market, By Deployment, 2017 Vs 2023 (Usd Million) 41
Figure 13 Global Market, By Region, 2017 Vs 2023 (Usd Million) 44
Figure 14 Global Web Hosting Services Market Y-O-Y Growth, By Region, 2017- 2023 (%) 45
Figure 15 North America Web Hosting Market, By Country, 2017 Vs 2023 (Usd Million) 46
Figure 16 North America Market Y-O-Y Growth, By Country, 2017-2023 (%) 46
Figure 17 North America Market, By Type, 2017 V/S 2023 (Usd Million) 47
Figure 18 North America Market, By Application, 2017 V/S 2023 (Usd Million) 48
Figure 19 North America Market, By Connectivity, 2017 V/S 2023 (Usd Million) 48
Figure 20 North America Web Hosting Services Market, By Deployment, 2017 V/S 2023 (Usd Million) 49
Continued…
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