Press release
Exploring the Global Hosting Infrastructure Services Market: A Comprehensive Overview
Hosting Infrastructure Services
The hosting infrastructure services market size is expected to see strong growth in the next few years. It will grow to $23.04 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to proliferation of edge computing, adoption of hybrid and multi-cloud strategies, increased demand for managed hosting services, rising focus on cybersecurity for hosting infrastructure. Major trends in the forecast period include integration of artificial intelligence in hosting services, shift towards containerization and microservices architecture, rise of green hosting solutions for sustainability, development of low-latency and high-performance hosting infrastructure, increasing use of software-defined networking (sdn) in hosting environments.
Market Overview -
Hosting infrastructure service refers to a form of service in which a server is situated off-site in a data center and is entirely devoted to a specific company. It is used to host secure, scalable, and completely customizable high-performance web applications that may be tailored to a user's specific demands for content delivery.
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E-Commerce Boom Propels Growth In Hosted Infrastructure Services Marke
The surging E-commerce sector is expected to boost the growth of the hosted infrastructure services market going forward. E-commerce refers to the trade of goods and services online. Hosted infrastructure services help to handle several server chores associated with running an e-commerce business, such as controlling traffic, keeping the system safe, and updating software. For instance, in April 2022, according to the Census Bureau, a US-based government statistical agency, e-commerce sales increased from $571.2 billion in 2019 to $815.4 billion in 2020, with an increase of 43% or $244.2 billion. Therefore, the e-Commerce sector is driving the growth of the hosting infrastructure services market.
Competitive Landscape -
Major companies operating in the hosting infrastructure services market report are Google LLC, Microsoft Corporation, AT&T Inc., Dell Inc., Amazon Web Services Inc., The International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, Hewlett Packard Enterprise Development LP, Equinix Inc., NetApp Inc., GoDaddy Operating Company LLC, Rackspace Technology Inc., Aruba Networks, Nutanix Inc., IONOS Group SE, DigitalOcean Holdings Inc., HostGator, Namecheap Inc, Bluehost Inc., HostMonster, Liquid Web, Hetzner Online GmbH , InMotion Hosting Inc., Linode LLC, GreenGeeks, Scaleway, FastComet Inc., A2 Hosting Inc., Vultr
Hybrid Cloud Mesh For Seamless Multi-Cloud Infrastructure Management
Product innovation is the key trend gaining popularity in the hosted infrastructure services market. Major companies operating in the hosted infrastructure services market are focusing on developing innovative solutions to sustain their position in the market. For instance, in May 2023, International Business Machines Corporation, a US-based technology corporation, launched IBM Hybrid Cloud Mesh to assist enterprises in regaining control of their multi-cloud infrastructure. IBM Hybrid Cloud Mesh enables modern companies to operate their infrastructure across hybrid multi-cloud and heterogeneous environments by automating the workflow, management, and observability of application connectivity in and across public and private clouds. It enables hybrid and multi-cloud application deployment by providing a simple, secure, scalable, and seamless on-ramp for apps and services across heterogeneous environments.
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Key Segments -
The hosting infrastructure services market covered in this report is segmented -
1) By Offering: Solution, Services
2) By Deployment Mode: Cloud, On Premises
3) By Enterprises: Small Enterprises And Medium Enterprises, Large Enterprises
4) By End User: Energy And Utilities, Defense And Government, Manufacturing, Transportation And Logistics, Telecom, Information Technology (IT) And Information Technology Enabled Services (ITES), Other End Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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