Market Research Future (MRFR) has published on the "Hosting Infrastructure Services Market”
MRFR recognizes the following companies as the key players in the global hosting infrastructure services market— AT&T Inc., Microsoft Corporation, HPE, Google, NetApp, Inc., Equinix Inc., International Business Machines Corporation, GoDaddy Operating Company, LLC, CoreSite, and Rackspace Inc.
Hosting Infrastructure Services Market Highlights
The global hosting infrastructure services market is accounted to register a CAGR of 8.80% during the forecast period and is estimated to reach USD 31.8 billion by 2032.
Hosting services offer actual server space for the Internet publication of a website or web page. These services include high stability and uptime, domain-associated email addresses, improved website security, data management, and website recovery. They differ in terms of server technology, management level, and supplementary services. Businesses now rely on web hosting services to manage their core business operations while also offering a hassle-free digital marketing experience.
Businesses employ cloud-based services because they provide on-demand access to a variety of services and applications and agility and self-service at a lower cost. Cloud service providers use the laaS model to offer a wide range of additional services in addition to disaster recovery, high-performance computing, and virtual private data centers. Businesses utilize IaaS because it frees them from managing and supporting underlying infrastructure and enables them to handle workload more quickly and affordably. The market for hosting infrastructure services is growing as a result of organisations increasingly utilizing IaaS.
Segment Analysis
The global hosting infrastructure services market has been segmented based on offering, deployment mode and end user.
Based on offering, the market is segmented into Solution and Services. The services segment was attributed to holding the largest market share in 2022.
Based on deployment mode, the global hosting infrastructure services market has been segmented into Cloud and On premises. The cloud segment was expected to hold the largest market share in 2022.
Based on the end user, the global hosting infrastructure services market has been segmented into Energy and Utilities, Defense and Government, Manufacturing, Transportation and Logistics, Telecom, IT and ITeS and Others. The energy and utilities segment was expected to hold the largest market share in 2022.
Regional Analysis
The global hosting infrastructure services market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe hosting infrastructure services market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The hosting infrastructure services market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World hosting infrastructure services market comprises of Middle East, Africa, and Latin America.
North America region is anticipated to be the largest region in the hosting infrastructure services market over the forecast period. North America has a sufficiently advanced infrastructure to support the deployment of hosting infrastructure services. To strengthen their position on the global market, top suppliers also give top priority to regional expansion, strategic alliances, and the development of original solutions. The North American market is being driven primarily by increased demand for low-cost cloud infrastructure development and faster network accessibility.
Moreover, the European region is anticipated to be the second largest region due to the enormous market potential for infrastructure hosting services across various businesses, including the government sector. Hosting infrastructure services are becoming more and more necessary as data centre consolidation becomes a bigger priority. Most businesses now use cloud-based services, which widens the market for hosting infrastructure services and increases need for secure servers.
Additionally, the Asia Pacific region is expected to be the fast growing region in the hosting infrastructure services market due to the expansion of 4G internet connections, a large population, heightened competition among telecom and IT service providers, and an increase in GDP. As smartphone and internet usage rise in developing countries like China and India, the demand for hosting infrastructure services in the region is growing.
Furthermore, the rest of the world's hosting infrastructure services market is divided into the Middle East, Africa, and Latin America. The market is growing at a significant rate due to the rise in small- and medium-sized businesses. The market for hosting infrastructure services in this area is anticipated to develop throughout the period of forecast due to an increase in the migration from traditional on-premises deployment to cloud-based deployment of various solutions across various sectors.
Key Findings of the Study
- The global hosting infrastructure services market is expected to reach USD 31.8 billion by 2032, at a CAGR of 8.80% during the forecast period.
- The Asia Pacific region accounted for the fastest-growing global market due to the expansion of 4G internet connections, a large population, heightened competition among telecom and IT service providers, and an increase in GDP.
- Based on the offering, the services segment was attributed to holding the largest market in 2022, with an approximate market share of 35–40%.
- AT&T Inc., International Business Machines Corporation, Microsoft Corporation, HPE, Google, NetApp, Inc., Equinix Inc., GoDaddy Operating Company, LLC, CoreSite, and Rackspace Inc.
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Companies Covered | 15 |
Pages | 128 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.