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Web Hosting Services Market to Grow Exponentially; Growing Digitization to Fuel Market Growth

February 09, 2022 | Information & Technology

The global web hosting services market size is expected to witness strong growth by reaching USD 267.10 billion by 2028. Fortune Business Insights™, in its report titled "Web Hosting Services Market Size, Share & COVID-19 Impact Analysis, By Type (Shared Hosting, Dedicated Hosting, Collocated Hosting, Virtual Private Server Hosting, and Others), By Application (Public Website, Mobile Application, Intranet Site, and Online Application), By Deployment (Public Cloud, Private Cloud, and Hybrid Cloud), and Regional Forecast, 2021-2028" mentions that the market stood at USD 75.03 billion in 2020, and exhibit a CAGR of 18.0% in 2021-2028. Rapid digitization and intense competition among companies are likely to boost the market progress. 


Hostinger International Ltd. Partner with Google Cloud to Boost their Productivity


In March 2020 Hostinger partnered with Google Cloud to improve its cloud services. The companies offer consumers innovative plans that help to develop their cloud services. The company offers excellent speeds and plans to its users to boost cloud computing ability. Further, the availability of better backup systems ensures safety and enables organizations to develop better web hosting services. The partnership with Google will allow for better traffic management, which, in turn, shall reduce hiccups. This strategy may enable the company to improve its services and boost productivity. 


Emergence of Several Small and Medium Business Organizations to Foster Market Progress


Web hosting services are used extensively by several businesses to expand their reach. The development of digital infrastructure is likely to boost the adoption of online portals. The emergence of several small businesses and startups is likely to boost the product's adoption. Governments focus on implementing several policies to help small organizations to grow. Intense competition, the emergence of several businesses, and increasing adoption of digital services are expected to foster the service's demand. Further, the increasing focus of manufacturers on the expansion of online presence is expected to fuel the demand for such services. These factors are likely to drive the web hosting services market growth. 


To get a detailed report summary and research scope of this market, click here:


https://www.fortunebusinessinsights.com/industry-reports/web-hosting-services-market-100863


Prominent Companies Launch Novel Products to Boost their Brand Image


Prominent companies operating in the market launch novel products to boost their product offering and improve brand image. For example, Cloudflare launched a novel product named Cloudflare Pages in November 2020. This launch is expected to provide consumers with innovative methods of building online websites. This strategy is expected to boost the company's brand image. Further, the incorporation of research and development enables companies to incorporate advanced features and techniques to develop their website such as artificial intelligence (AI) and machine learning (ML) to enhance the user's experience and improve suggestions. 


Industry Development



  • December 2020- Amazon Web Services signed a deal with social media platform Twitter to enhance the performance of its services and applications. The adoption of the strategy can boost the computing capacity and enable the company to utilize AWS cloud services.


List of the Key Companies Profiled in the Report:



  • AT&T Inc. (Texas, U.S.)

  • GoDaddy Operating Company LLC (Arizona, U.S.)

  • DreamHost (California, U.S.)

  • Hostinger International, Ltd. (Kaunas, Lithuania)

  • Cloudflare (California, U.S.)

  • Clearlake Capital Group (California, U.S.)

  • Equinix, Inc. (California, U.S.)

  • WPEngine, Inc. (Texas, U.S.)

  • Digitalocean, Inc. (New York, U.S.)

  • Liquid Web LLC (Michigan, U.S.)


Further Report Findings-



  • The market in North America stood at USD 34.32 billion in 2020 is projected to gain the largest portion of the global web hosting services market share. The highly competitive landscape and the emergence of several new organizations are expected to boost the adoption of the services.

  • Further, rapid digitization and investments in digitization are likely to fuel the product demand. In addition, rapid adoption of smartphones and investments in 5G infrastructure is expected to boost market growth.

  • According to type analysis, the shared hosting segment is expected to witness high growth due to ease of data migration, superior accessibility, and scalability. Its security and website control are likely to fuel industry progress.


Table of Segmentation:






















































  ATTRIBUTE



  DETAILS



Study Period



2017-2028



Base Year



2020



 Estimated Year



 2021



Forecast Period



2021-2028



Historical Period



2017-2019



Unit



Value (USD Billion)



Segmentation



Type, Application, Deployment, and Region



By Type




  • Shared Hosting

  • Dedicated Hosting

  • Collocated Hosting

  • Virtual Private Server Hosting

  • Others (Reseller Hosting)      



By Application




  • Public Website

  • Mobile Application

  • Intranet Site

  • Online Application



By Deployment




  • Public Cloud

  • Private Cloud

  • Hybrid Cloud



By Region




  • North America (Type, Application, Deployment, and Country)

    • U.S. (By Deployment)

    • Canada (By Deployment)



  • Latin America (Type, Application, Deployment, and Country)

    • Brazil (By Deployment)

    • Mexico (By Deployment)

    • Rest of Latin America



  • Europe (Type, Application, Deployment, and Country)

    • U.K. (By Deployment)

    • Germany (By Deployment)

    • France (By Deployment)

    • Scandinavia (By Deployment)

    • Rest of Europe



  • Middle East & Africa (Type, Application, Deployment, and Country)

    • GCC (By Deployment)

    • South Africa (By Deployment)

    • Rest of the Middle East & Africa





  • Asia Pacific (Type, Application, Deployment, and Country)


    • Japan (By Deployment)

    • China (By Deployment)

    • India (By Deployment)

    • Southeast Asia (By Deployment)

    • Rest of Asia Pacific



Web Hosting Services Market
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