Global Web Hosting Services Market is Expected to Grow at a CAGR of around 12% in the Forecast Period of 2024-2032

A web hosting service provider provides the technological infrastructure and services needed for all website/webpage to be viewed when browsing the internet. The United States, Germany, China, the United Kingdom, Japan, France, the Netherlands, Canada, Russia, and Italy are some of the leading countries for the global web hosting services market. These regions are more profitable than others as they are aided by the fast-growing technology and robust consumer demand in the countries, along with the high penetration of the key players in the region. The United States houses the headquarters of some of the major players in the industry like Amazon and Google. In the coming years, the overall Asia Pacific region is expected to provide lucrative growth opportunities for the market growth, with the developing countries in the region demanding higher portions of the service. The rising internet usage in the region due to its increasing affordability is expected to influence the market growth positively.

The overall global market is being driven by the rising security standards seeking to protect the personal data of the masses and the companies, which are stored in cloud storage. The market is also driven by the rising e-retail platforms that are seeking secure and smooth functioning web hosting services to provide their consumers the optimum experience. In 2018, Shopify, a Canada-based e-commerce platform, chose Google (NASDAQ: GOOGL) to host its e-commerce sites, which services over 600, 000 merchant clients. Thus, the rising adoption of such services is expected to impel the market growth in the coming years.

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Market Analysis by Type, Deployment Type, Connectivity Type, Application, and Region:

• The global web hosting services market is segmented based on type into website builder, and shared hosting, dedicated hosting.
• Based on the deployment type, the market can be divided into private cloud, public cloud, and hybrid cloud.
• On the basis of the connectivity type, the market is categorised into XDSL, fibre, MPLS, Ethernet, and IP-VPN.
• By application, the market is divided into public website, mobile application, intranet site, and online application.
• Regionally, the market is segmented into the Asia Pacific, Europe, the Middle East and Africa, Latin America, and North America.

Key Findings of the Report:

• The rising penetration of smartphones, the internet, and social media users has significantly aided the market growth.

• The growth of the market is concurrent with escalating e-commerce trade companies’ demands, i.e., e-commerce market players require web hosting service providers for smooth operation, maintenance, and data security for their websites.

• With the rising awareness of the need for environmental sustainability, many market players have resorted to green hosting (eco-friendly hosting services), and this has contributed substantially to the web hosting services market.

Key Offerings of the Report:

• The EMR report gives an overview of the global web hosting services market for the periods (2018-2023) and (2024-2032).

• The report offers the historical (2018-2023) and forecast (2024-2032) markets for types, deployment types, connectivity types, applications, and major regions for web hosting services.

• The report analyses the market dynamics, covering the key demand and price indicators in the market.

The major players in the global web hosting market are Alibaba Group Holding Ltd, Amazon.com, Inc., GoDaddy Inc., Alphabet Inc (Google), Microsoft Corp, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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