Web Hosting Services Market

According to a research report "Web Hosting Services Market by Component (Solution (Shared Hosting, Collated Hosting, Dedicated Hosting, Virtual Private Hosting, and Others) and Service), Application, Deployment Mode, End Users, Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the global Web Hosting Services Market size is expected to grow from USD XX.X billion in 2022 to USD XX.X billion by 2027, at a Compound Annual Growth Rate (CAGR) of XX.X % during the forecast period. The web hosting services includes internet hosting services which allow organizations or individuals to provide access to their web page via the World Wide Web. Services such as dedicated hosting, shared hosting, virtual private hosting, as well as internet connectivity are provided on a server that is owned or leased by the client. Web hosts can also provide physical space that the server occupies and manages, which is also referred to as colocation hosting. Moreover, web hosting providers offer security from cybersecurity and malware which is also driving its need across organizations.

The slow website or website downtime can lead to $500 million on the US economy. The hosting services and web server providers enables organizations to maintain customer trust through optimization and uptime guarantee. According to HubSpot, 47% of website visitors see the company’s offering page before switching to any other page within that website. Moreover, 38% of the visitors leave the website due to unattractive layouts and content on the website. Hence, managed application services play a critical role in ensuring the website’s operations, with 100% uptime in related applications. Vendors such as GoDaddy, Hostgator, Bluehost, Hostinger, Dreamhost, and Siteground, are continuously focusing on improving their services to create the best customer experience.

The dedicated hosting segment is expected to grow at exponential rate during the forecast period. Dedicated hosting is a model where the service provider leases the dedicated servers and their associated infrastructure to its clients on a subscription basis. The infrastructure can be located at the hosting provider’s facility and managed by the service provider. Liquid Web has a dedicated hosting solution for freelancers, agencies, business owners, and resellers, depending on their business requirements. The company also ensures strong service delivery, with more than 600 onsite hosting professionals. It operates through 5 global data centers and caters to more than 32,000 customers in over 130 countries.

North America is one of the early adopters of advanced technologies, therefore it is a mature market in terms of web hosting services adoption. Large presence of enterprises with advanced IT infrastructure and the availability of technical expertise is also favouring the growth of the market in the region. Moreover, North America is home to multiple decision intelligence vendors, such as AWS (US), Google (US), GoDaddy (US), and Rackspace (US) among others. These companies are targeting high revenue clients and are engaged in product innovation. Due to the high competition and high demand prevailing across the North America, the vendors are adopting growth strategies to increase the regional decision intelligence market share. Asia Pacific is expected to witness a high adoption rate for web hosting services over the forecast period. The increasing digitalization of enterprises as well as the comprehensive hosting solutions with a wide range of hosting services the boosting the market growth in the region.

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