Global Web Hosting Services Market To Reach $ 152.7 Billion By 2026
FACTS AT A GLANCE
Editing: 17; Posted: January 2021
Executive commitments: 20024
Companies: 241 – Players covered include 1 & 1 internet Inc .; Alibaba Cloud; Amazon Web Services; DreamHost, LLC; Bluehost Inc .; HostGator.com; Google Cloud Platform; Go Daddy Operating Company, LLC; Hetzner Online GmbH; Host Europe; Liquid web; LeaseWeb Netherlands BV; Media temple; OVH; Rack space technology; STRATO AG and others.
Blanket: All major geographies and key segments
Segments: Type (shared hosting, dedicated hosting, collected hosting, virtual private server hosting, other types); Deployment (Public, Private, Hybrid)
Geographies: World; United States; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia Pacific; Rest of the world.
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Global Web Hosting Services Market To Reach $ 152.7 billion by 2026
Web hosting is a type of service in which businesses acting as web hosts provide individuals and businesses with the means to make their websites available on the World Wide Web. Websites are almost a sacrosanct need in the emerging era of demand and have become the new battleground for businesses to stay competitive and grow their revenues. The main factors driving the demand era include growing consumer demand for higher levels of personalization of products and services, and a growing preference for prompt and prompt delivery of services. The on-demand economy, where goods and services are immediately delivered, creates a paradigm shift in consumer behavior. The cloud-supported internet is further influencing this change by providing convenience, speed and instant gratification. Anytime, anywhere access to messaging, email and media generates consumer demand for an immediate right. Until the emergence of the pandemic, digital services were only optional for retailers, but e-commerce is now mainstream. Over the next few years, there would be a drastic drop in the number of department stores in developed countries, and e-commerce would increase dramatically. Against this backdrop, the demand for web technologies, including website design and architecture, is increasing as businesses scramble to expand and strengthen their online presence.
Amid COVID-19 Crisis, Global Web Hosting Services Market Is Estimated At US $ 71.1 billion in 2020, is expected to reach a revised size of 152.7 billion US dollars by 2026, with a CAGR of 13.2% over the analysis period. Shared hosting, one of the segments analyzed in the report, is expected to grow at a CAGR of 15% to reach US $ 72.2 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, the growth of the dedicated hosting segment is readjusted to a revised CAGR of 11.1% for the next 7 year period. This segment currently accounts for a 25.5% share of the global web hosting services market. In a shared hosting environment, a website is located on the same server as the other websites. Some shared servers host up to several thousand websites. In this type of hosting, domain names share a number of resources, including processor and RAM. Since the cost of shared hosting is relatively low, this type of hosting is ideal for websites with moderate traffic flow and running on standard software. A dedicated hosting service ensures maximum control of the server on which a website is hosted since each server is rented by a single user. However, dedicated hosting is expensive and therefore is ideal for large businesses with high traffic websites.
The US market is estimated at $ 30 billion in 2021, when China is expected to reach $ 16.9 billion by 2026
The market for web hosting services in the United States is estimated at US $ 30 billion in 2021. The country currently represents a 37.35% share of the global market. China, the world’s second-largest economy, is expected to reach an estimated market size of US $ 16.9 billion during the year 2026, with a CAGR of 15.6% throughout the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 10.9% and 11.7% respectively during the analysis period. In Europe, Germany is expected to grow by around 13.9% CAGR while the rest of the European market (as defined in the study) will reach US $ 19.1 billion at the end of the analysis period.
Hosting segment collected to be reached $ 20.7 billion by 2026
In the global Collected Hosting segment, United States, Canada, Japan, China and Europe will lead to the estimated 11.6% CAGR for this segment. These regional markets representing a combined market size of 8.5 billion US dollars in 2020 will reach a projected size of US $ 18.3 billion at the end of the analysis period. China will remain among the most dynamic of this group of regional markets. Led by countries such as Australia, India, and South Korea, the market of Asia Pacific should reach US $ 2.5 billion by 2026. We bring years of research experience to this 17th edition of our report. The 293-page report presents concise information on the impact of the pandemic on production and the buy side for 2020 and 2021. A short-term gradual recovery by key geography is also discussed. Following
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