Global application hosting market is expected to reach approximately USD 82.17 billion by 2023 growing with a CAGR of 13.4% over the forecast period 2018-2023. The detail information by Application Type, by Deployment, by Vertical and Region – Forecast to 2027. The Application Hosting Market report provides detailed market insights to help companies make better business decisions and drive growth plans based on forecast and market trends.
Application Hosting Market Scope
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Application Hosting Market Key Players
The leading players profiled in the global application hosting market report include –
The MRFR report throws light on an inclusive segmental analysis of the global application hosting market based on vertical, organization size, application type, service type, and hosting type.
By hosting type, the global application hosting market is segmented into cloud hosting, colocation hosting, and managed hosting.
By service type, the global application hosting market is segmented into database administration, backup and recovery, application security, application monitoring, and others.
By application, the global application hosting market is segmented into mobile application and web application. Of these, the mobile application segment will lead the market over the forecast period.
By organization size, the global application hosting market is segmented into small and medium enterprises and large enterprise. Of these, the large enterprise segment will dominate the market over the forecast period.
By vertical, the global application hosting market is segmented into manufacturing, healthcare, retail and ecommerce, media and entertainment, IT and telecommunication, BFSI, and others. Of these, BFSI will spearhead the market over the forecast period.
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Application Hosting Market Regional Analysis
By region, the global application hosting market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Of these, North America will lead the market over the forecast period. The presence of huge number of solution providers in the US, incorporation of various technologies to improve customer experience, high concentration of application hosting providers, and a large number of collocation data centers are adding to the global application hosting market growth in the region.
In the APAC region, the global application hosting market is predicted to have promising growth over the forecast period. Surging adoption of e-commerce websites like Flipkart and Amazon, and others, increased investment to boost cloud infrastructure for outsourcing managed services, rapid adoption of new digital technologies in the business ecosystem, and competitive pricing with a list of delivery models and myriad websites are adding to the global application hosting market growth in the region.
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