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A significant new report was recently released that looked at the web hosting industry today and makes forecasts about what it will look like in the coming years. The report is titled, “Web Hosting Services Market 2020: Global Industry Research, Size, Share, Growth, Trends, and Forecast, 2020-2027.” While the title may not be exciting, the content within offers a lot of valuable insights that can benefit people from virtually any industry.
This report is 119 pages long and provides an in-depth analysis of virtually every topic related to the web hosting industry today. This includes information about all forms of hosting, website builders, applications, connectivity, deployment, and more.
Key Statistics from the Report
In the report, there are a number of key statistics concerning this industry that will be of interest. Whether you are looking to sign up for hosting, you operate a hosting service, or you are just a technology enthusiast, these stats will be valuable.
From 2020 to 2023, the global web hosting market is expected to grow by approximately 15.9%. This will bring the industry to $76.2 Billion.
The fastest segment of growth in the hosting industry will be collocated hosting services, which is forecasted to grow 18.5% during this time period.
Mobile devices will continue to outpace other options for accessing the internet. This market is expected to grow at a rate of 17.2% between 2020 and 2023.
A large segment of second and third world countries are beginning the process of transitioning from dial-up Internet and moving toward other faster options. The most popular option for this is expected to be xDSL services.
Cloud technologies, including cloud-based hosting like what is offered by Verpex, is predicted to continue to grow at a rapid rate. Private cloud services are expected to outpace public clouds.
In-Depth Strategy
Anyone who is interested in developing a digital strategy for their business will benefit from reading this report, or at least relevant parts. This is because it takes the information from the research and compiles it into topics that can be directly used by people or businesses developing an effective tech strategy for the future. The main topics covered for this area are:
Growth Opportunities– Learn about what areas of the hosting world are growing at the fastest rates. There is also good information about related industries.
Market Growth Drivers– Discover what types of things are expected to drive growth in this industry over the coming years.
Leading Market Players– Get to know which individuals, companies, and agencies are going to have the biggest impact on the web hosting industry as a whole, and technology in general.
Company Market Share– Look at major players such as Amazon Web Services, Microsoft Azure, and others.
Market Size & Growth Rates– Read through an easy to follow overview of the size and growth rate of this industry.
Trends– Identifying specific trends in technologies that may have an important impact on your business.
Of course, there are many other sections of information in this extensive report. Those who require detailed and well-researched information about the web hosting industry can order their copy of this report HERE. While it is costly, it does provide quality information. Because of the price and the fact that its contents are primarily for larger companies, we have summarized the key publicly available information and statistics in this article so Verpex customers can benefit from it.
