Pune, India -- (SBWIRE) -- 02/13/2018 -- Web Hosting Services Global Market - Overview

The global web hosting services market is showing immense growth; mainly due to the growing focus on reducing the total cost of website ownership and the need to hedge the hidden costs of web technology. Web hosting services refers to a service that allows organizations and individuals to post a website or web page on to the Internet. A web host, or web hosting service provider, is a business that provides the technologies and services needed for the website or webpage to be viewed in the Internet. Websites are hosted, or stored on special computers called servers.

According to a recent study report published by Market Research Future, The global market of Web Hosting Services is booming and expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023 with a striking CAGR during the anticipated period (2017 – 2023). The web hosting services has made a revolutionary change in the ecommerce business. Major feature that comes with these services is the website hosting also allows you to create the databases which is simply indispensable for the online business owners. The other exciting features that you can add to your website with the help of a website hosting include shopping carts for e-commerce sites, forums, communities and chat panels. These features help in communicating with the customers and know their views on the site. Also, the growing popularity of e-commerce is one major factor driving the growth of Web Hosting Services Market. On the other hand, lack of awareness regarding the benefits of web hosting services is one major factor driving the growth of web hosting services market.

Web Hosting Services Global Market - Competitive Analysis

The market of web hosting services appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.

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Key Players

The prominent players in the Web Hosting Services Market are – Amazon Web Services (U.S.), AT&T Inc. (U.S.), Dreamhost Inc. (U.S.), Earthlink Inc. (U.S.), Equinix Inc. (U.S.), Google Inc. (U.S.), Endurance Technologies Ltd. (U.S.), GoDaddy Inc. (U.S.), Justhost (U.S.), Web.Com Group, Inc. (U.S.), among others.

Segments:

Web hosting services market segmentation on the basis of type and application.

Web Hosting Services Market by Type:

- Web-Site Builders
- Shared Hosting
- Dedicated Hosting
- Collocated Hosting

Web Hosting Services Market by Application:

- Public Website
- Mobile Application
- Intranet Site
- Online Application

Regional Analysis:

The regional analysis of web hosting services market in North America, Europe, and Asia –Pacific and Rest of the World is as follows. Rapid advancement in the type of web hosting services led to the expansion of these services. The North America market of web hosting services is leading because of the technology advancements and major web hosting players in this region. Asia-Pacific region is expected to grow at a fast pace due to combination of enterprise demand for managed hosted private cloud environments and domestic sourcing requirements in several regions in order to deliver a healthy popularity to the segment. The European region hosted Internet Protocol (IP) telephony and unified communications as a service (UCaaS) market continues to have a strong growth that is creating value for businesses and growth opportunities for service providers.

Industry News

December 2017 – DreamHost to include Jetpack Professional with Advanced Dream Press Packages. Jetpack Professional is immediately available to all DreamPress Plus and advanced users, both current and new.

June 2017 – EarthLink helps secure public Wi-Fi connections with Norton WiFi Privacy. EarthLink is the first Internet Service Provider to offer Norton WiFi Privacy to its customers.

December 2017 – Internet hosting firm GoDaddy valued at as much as $5.48 billion. GoDaddy Inc.'s shares rose as much as 34 percent in their debut, valuing the web hosting and domain registration company at up to $5.48 billion, including debt.

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Intended Audience

- IT Solution Providers
- Government Organizations
- Research/Consultancy firms
- Business Organizations
- Web Hosting Service Providers.

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