Amazon Web Services (AWS) and IBM Corporation (IBM) are leading players in Application Hosting Market
The application hosting market is projected to grow from USD 66.9 billion in 2022 to USD 121.7 billion by 2027, at a CAGR of 12.7% during the forecast period, which is fueled by the software-centered competitive advantage approach.
The major vendors covered in the application hosting market include Amazon Web Services (AWS), IBM Corporation (IBM), Google, LLC. (Google), Rackspace Inc. (Rackspace), Microsoft Corporation (Microsoft), Liquid Web, LLC (Liquid Web), Sungard Availability Services (Sungard AS), DXC Technology Company (DXC), Apprenda Inc. (Apprenda), NaviSite, LLC (Navisite). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches, to expand their presence in the application hosting market.
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Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that offers on-demand cloud computing platforms and APIs to people, businesses, and governments. It is a leading cloud provider in the marketplace. AWS is an online platform that provides cost-effective and scalable cloud computing solutions. Amazon offers services for cloud applications such as compute service, storage, database, developer tools, security tools, networking, and delivery of content. The company caters to developers and all size enterprises, such as start-ups, government agencies, and academic institutions. It offers key infrastructure services to businesses in the form of web services, known as cloud computing. The company offers solutions such as Amazon WorkSpaces that runs on the AWS cloud. It also provides the service AWS Managed Services (AMS).
IBM is an American multinational technology corporation that manufactures and sells computer hardware and software and provides infrastructure services, consulting services, and hosting services in fields ranging from mainframe computers to nanotechnology. The financing services in support of its computer business are also provided by the company. The company operates in more than 150 countries. IBM offers various services, which include infrastructure services, outsourcing, application management services, Global Process Services (GPS), maintenance and support, consulting, and other managed services. It offers managed services such as enterprise application services, managed mobility services, workplace services, backup and recovery services, network services, security services, and storage services. IBM also extended its managed services in the cloud through various offerings like Infrastructure-as-a-service (IaaS), Platform-as-a-service (PaaS), and Software-as-a-service (SaaS). IBM caters to various verticals, including automotive, telecommunications, financial services, health, aerospace & defense, insurance, life sciences, and retail. Also, it offers Desktop-as-a-Service (DaaS) solutions that enable organizations to provide its users convenient, consistent access to applications and data across devices.
Related Reports:
Application Hosting Market by Hosting Type (Managed, Cloud, & Colocation), Service Type, Application Type (Web-based, Mobile), Organization Size, Vertical, and Region (North America, Europe, APAC, Latin America, MEA) - Global Forecast to 2027
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