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Jan 25, 2021 (The Expresswire) — The global web hosting services market is likely to derive growth from growing internet penetration. According to a report by Fortune Business Insights, titled “Web Hosting Services Market Size, Share and Global Trend By Type (Web-Site Builders, Shared Hosting, Dedicated Hosting, Collocated Hosting), By Application (Public Website, Mobile Application, Intranet Site, Online Application) By Connectivity (xDSL, Fiber, MPLS, Ethernet, IP-VPN), By Deployment (Public Cloud, Private Cloud, Hybrid Cloud) and Geography Forecast Till 2026,” the market will grow considerably driven by the flexibility in product applications.
The global web hosting services market size stood at USD 60.90 billion in 2018 and is projected to reach USD 183.18 billion by 2026, exhibiting a CAGR of 15.1% during the forecast period
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Web-hosting services possess several benefits such as enhanced customer interaction, mobile-hosted applications, and ease of use. Web hosting services act as a medium of access between the users and the internet throughout the world wide web (www). Web hosting services allow flexibility in uses such as mobile applications, online applications, public websites, intranet applications, and others. The reduced cost associated with web hosting services is one of the primary factors that have contributed to the growth of the global web hosting services market in recent years.
An Overview of the Impact of COVID-19 on this Market:
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The report on the web hosting services market contains:
- Future insights into the market
- In-depth study of the regions
- Product and brand strategies
- Factors enabling market growth
- Competitive landscape
- COVID-19 impact
List of the leading companies that are operating in the global web hosting services market are:
- Amazon Web Services
- ATandT Inc.
- 1and1 IONOS Inc.
- Dreamhost Inc.
- Earthlink Inc.
- Equinix Inc.
- Google Inc.
- GoDaddy Inc.
- Com Group, Inc.
- Combell NV (Belgium)
- Just Host (UK)
- LeaseWeb (Netherlands)
- Easyhost (UK)
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The report provides segmentation of the global web hosting services market based on product type, application, connectivity, deployment type, and regional demographics. Based on regional demographics, the market is segmented based on North America, Asia Pacific, Middle East and Africa, Europe, and Latin America. Among all regions, Fortune Business Insights has predicted that North America and Europe have contributed to significant growth and will account for the maximum share of the market in the forthcoming years.
“Increasing Mergers and Acquisitions to Offer a Huge Growth Potential”
The report encompasses several factors that have accounted for the growth of the global web hosting services market in recent years. Among all factors, Fortune Business Insights emphasizes the increasing number of mergers and acquisitions and labels this as one of the leading growth drivers. In January 2019, Thrive Capital completed the acquisition of EarthLink LLC, a company that offers internet services, data security, and web hosting services at affordable costs. With this acquisition, the company aims to generate substantial web hosting services marker revenue in the forthcoming years. The report includes mergers and acquisitions, similar to Thrive Capital’s latest acquisition and gauges the impact of these activities on the global market.
The report answers the following questions:
- What are the recent web hosting services market trends and developments?
- How will the market be affected by changing consumer behavior?
- Which strategies are being adopted by key players to enhance their market footprint?
- Which region will remain in the dominant position in terms of revenue?
- How many niche segments are present in the market?
“North America and Europe have Emerged as Major Growth Contributors”
The growing internet penetration in several countries across North America and Europe has fuelled the demand for web hosting services in recent years. The high adoption of internet-driven services such as social media, e-commerce, and other activities has offered huge potential for the growth of the web hosting services market in North America as well as Europe. Additionally, the increasing number of active internet users will lead to a subsequent rise in the demand for web hosting services in these two regions. Several big-name companies have their primary headquarters within these regions and this, in turn, will aid the expansion of the companies operating in several countries across North America and Europe.
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The report provides qualitative and quantitative insights into the web hosting services market. The report on web hosting services provides market size and growth rate for all possible segments and highlights leading entities from all segments. Additionally, the report highlights key technological advancements that have had a positive influence on the global web hosting services market. The data included in this report is gathered through robust research methodology and interviews of world leaders and other trusted sources.
Major Table of Contents for Web Hosting Services Market:
- Executive Summary
- Market Dynamics
- Key Web Hosting Services Market Insights
- Global Market Analysis, Insights and Forecast, 2015-2026
- North America Market Analysis, Insights and Forecast, 2015-2026
- Europe Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
- The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
- Latin America Market Analysis, Insights and Forecast, 2015-2026
- Competitive Landscape
- GlobalWeb Hosting Services Market Revenue Share Analysis, By Key Players, 2020
- Company Profiles
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Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Name: Ashwin AroraEmail:[email protected]: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
Press Release Distributed by The Express Wire
To view the original version on The Express Wire visit Web Hosting Services Market Latest Industry Trends, Statistics, Competition Strategies and Latest Industry Share by 2026
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