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Global Web Hosting Services Industry
New Study On “Global Web Hosting Services Market 2019 Trends, Research, Analysis & Review Forecast 2025” Added to Wise Guy Reports Database
Digitalization and Advancement in modern technology have led people and organizations to adopt the technology mode. With more digitalization comes more data, and it demands more storage for storage of data on the web or cloud. The demand for Web Hosting Services is on the spur and will continue to grow as the data keeps on increasing with the increase in digitization. The demand rises with a steep increase in the population, and with more population, the server requirement for storing data has also increased.
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Web hosting service also works for enhancing the performance of the company’s website. It provides space on the server for hosting, accessing, and managing the website. It provides features such as the customized domain, email service, and web hosting. It allows the websites to function smoothly and efficiently on the World Wide Web. Cloud Services are also provided to the business which requires storage space for their data through web hosting services.
Web hosting services concerns with providing infrastructure in the form of server on rent. The services are provided for a public and private website, mobile applications, intranet, etc. Majorly the web hosting services are used for public websites, but soon it will also be demanded managing the performance of mobile applications with more no. of users using applications through mobile phones and computer devices. Web hosting services are preferred in order to manage consumer traffic to a website. In the case of a website with low traffic, a shared server might work. But in the case of a website with high traffic, it is inevitable to have dedicated servers. Prominently, web hosting services are provided by companies such as Go daddy, Amazon Web Service, Google Inc., Equinix, and others, but in the coming years many start ups will engage themselves in providing the web hosting services with a bundle of websites being created with each passing day. Competition with more market service providers will allow competitive pricing that will benefit and boost IT Infrastructure.
Web hosting services can be categorized into various segments. Based on product type, the web hosting services are categorized into Website builders, Dedicated Server hosting, and shared Server hosting. The Application of the web hosting service is dedicated to a public and private website, mobile application, Intranet service, etc.
Global Market Players:
Major dominance of the Global Web Hosting Service Market is prevalent in North America, Europe, Asia Pacific, South America, Middle East, and Africa.
The growing trend of digitalization, blogging, e-commerce, and social media has raised demand for web hosting services to keep optimum performance of the website for ease of use by the users and efficient performance. Also, data storage being another major requirement with everything going digital over the manual record-keeping, space or cloud service is another major requirement. Thus, with rising in demand for the server to accommodate the IT requirement of the companies, the Global web hosting service market is expected to rise at a CAGR of 13%, and the market size is expected to rise by 72.79 billion USD by 2023.
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