The Hosting Infrastructure Services Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Hosting Infrastructure Services Global Market Report 2024, The hosting infrastructure services market size has grown strongly in recent years. It will grow from $15.28 billion in 2023 to $16.66 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to growth of the internet and e-commerce, increased demand for web hosting, expansion of online businesses, rising data storage needs.
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.
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.
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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
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.
The hosting infrastructure services market report table of contents includes:
1. Executive Summary
2. Hosting Infrastructure Services Market Characteristics
3. Hosting Infrastructure Services Market Trends And Strategies
4. Hosting Infrastructure Services Market – Macro Economic Scenario
5. Global Hosting Infrastructure Services Market Size and Growth
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26. South America Hosting Infrastructure Services Market
27. Brazil Hosting Infrastructure Services Market
28. Middle East Hosting Infrastructure Services Market
29. Africa Hosting Infrastructure Services Market
30. Hosting Infrastructure Services Market Competitive Landscape And Company Profiles
Top Major Players:
- Google LLC
- Microsoft Corporation
- AT&T Inc
- Dell Inc
- Amazon Web Services Inc
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