The "Web Hosting Services - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Web Hosting Services is forecast to reach US$ 204.6 billion by 2024, driven by the need to reduce costs associated with designing, managing, maintaining and owning websites.
In the current era of internet indispensability, "Websites" represent a critical medium that facilitates relationships between businesses and their customers and also among businesses. Building customer relationships online through websites is therefore a vital prerequisite for survival in the modern market environment.
Key benefits of leveraging professional web hosting services include elimination of the upfront cost required to license website creation software; easy access to integrated features such as daily data backup, virus- and spam-filters etc.; complete elimination of the burden associated with backend infrastructure and the resulting flexibility in website design; and highly scalable storage space and dynamic bandwidth benefits offered by cloud based service delivery models.
Also driving growth is the ballooning eCommerce market and the ensuing focus shed on utilizing websites as key marketing tools. The United States represents the largest market worldwide.
Asia-Pacific is poised to emerge as the fastest growing market with a CAGR of 17.3% over the analysis period led by factors such as developing internet infrastructure; rapid digitalization of the enterprise sector; increasing disposable incomes; robust growth of e-commerce in developing Asian countries; and growing number of cloud based service providers.
Growth in the region is also poised to benefit from the growing number of service providers offering CDN (Content Delivery Network) service along with the primary web hosting package, mostly in partnership with pure play CDN companies.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
World Economic Growth Projections (Real GDP, Annual % Change) for 2020, 2021, & 2022
Impact of the Pandemic on Global Web Hosting Services Market
Web Hosting Services: A Prelude
Popular Types of Hosting
Websites: A Vital Need in the On-Demand Economy
Growing Number of Websites on the World Wide Web Expands the Addressable Market Opportunity for Web Hosting Services: Global Number of Websites (In Million) for the Years 2010, 2015 2018 and 2020
Mobile Optimized Websites Become a Source of Increased Traffic, Leads and Sales
A Peek into the Importance of Website Performance
Rising Cost of In-House Design & Ownership of Websites Drives Demand for Web Hosting Services
Recent Industry Activity
2. FOCUS ON SELECT PLAYERS (Total 241 Featured):
1&1 Internet Inc.
Amazon Web Services, Inc.
Cogeco Peer 1
Go Daddy Operating Company, LLC
Google Cloud Platform
Hetzner Online GmbH
3. MARKET TRENDS & DRIVERS
Spurt in eCommerce Drives Demand for Web Hosting Services
Ballooning of the eCommerce Industry into a Trillion Dollar Industry to Benefit Future Growth of Ecommerce Web Hosting Services: Global B2C E-Commerce Sales (In US$ Billion) for the Years 2018, 2021 and 2024
COVID-19 Impact on Global Retail E-Commerce Website Traffic by Average Monthly Visits: Jan 2019-July 2020
Green Web Hosting Gains Traction
Industry Witnesses Drop in Data Center Count
Strong Gains for Managed Web Hosting
Unrestricted Scalability Drives Popularity of Cloud Web Hosting Services
Enhanced Security Grows in Importance
Percentage Breakdown of Web Attacks by Type of Attack Method: 2019
Average Annual Cost of Cybercrime (in US$ Million) by Industry for the Years 2017 and 2018
Shift Towards HTTPS Gains Pace
Companies Opt for Additional Services to Expand Client Base
Attention Grows towards Niche Segments
Pricing Competition Intensifies among Service Providers
Spurting DIY Website Builders & SSDs: A Notable Trend
Virtual Website Hosting Gains Momentum
Benefits Offered by AI in Web Hosting to Drive Adoption
Rising Internet Penetration Catalyzes Broad Based Growth in the Market
Global Internet Usage: Number of Internet Users (in Billion) and Internet Penetration Rate (in %) for the Years 2015 through 2020
Breakdown of Internet Users (in %) by Region: 2020
Rise in Mobile Marketing Platforms to Buoy Hosting Services Growth
Rising Adoption of Cloud-based Gaming among Users to Create Prospects for Web Hosting Service Providers
Global Smartphone Subscription Breakdown by Technology: 2019 and 2025
Service Providers Scramble to Enable IPv6 on Web Hosting Packages
Linux: The Most Popular Web Server OS for Website Hosting
Percentage Breakdown of Number of Websites Running Operating Systems (OS) by Type for the Year 2019
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Total Companies Profiled: 229
For more information about this report visit https://www.researchandmarkets.com/r/vp6f5v
View source version on businesswire.com: https://www.businesswire.com/news/home/20210311005494/en/
Laura Wood, Senior Press Manager
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