A new Report by Delvens, titled "Application Hosting Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
Global application hosting market size is projected to grow from USD 66.9 billion in 2022 to USD 121.7 billion by 2030, at a CAGR of 12.9%
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The prominent players in Application Hosting Market are
· AWS
· IBM
· Rackspace
· Microsoft
· Liquid Web
· Sungard AS
· DXC Technology
· Apprenda
· Navisite
· Spectrum Enterprise
· Capgemini
· Digital Ocean
· Oracle
· NEC Corporation
· Bluehost
· HostgatorHostGator
· Netmagic Solutions
· Boltflare
· GreenGeeks
· Cloudways
· Hostwinds
· Serverspace
· Hostarium
· Appfleet and More
Profit from the expansion of application hosting usage across numerous industries. The creation of application hosting solutions enables connectivity to hosted apps that connect to existing data, easy and seamless feature updates, and module-based billing. In addition, there is a higher demand for these services globally due to their ease of installation, which is anticipated to fuel market growth.
Application Hosting Market Size, Share & Trends Analysis Report, By Hosting Type (Managed Hosting, Cloud Hosting, Colocation Hosting), By Service Type (Application Monitoring, Application Programming Interface Management, Infrastructure Services, Database Administration, Backup And Recovery, Application Security), By Application (Mobile applications, Web-based applications), Organization Size (Large Enterprises, SMES), By Vertical (Banking, Financial Services, And Insurance, IT/ITES, Telecom, Media & Entertainment, Retail & E-Commerce, Healthcare & Life Sciences, Manufacturing, Energy & Utilities, Other Verticals and by region (North America, Europe, Asia-Pacific, Middle East, and Africa and South America) and More
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Numerous service providers for these solutions are emerging as a result of the development and deployment of application hosting across numerous end-use industries, generating a profitable opportunity for the industry. Service providers are able to deliver services that meet clients' needs and stay within their budget, which is anticipated to boost market growth. Additionally, the market expansion is being fuelled by the increased popularity of server hosting among small business owners due to its affordability, less risk of data loss, and built-in upgraded software that boosts performance.
Regional Analysis
North America region to dominate the market
Due to the widespread acceptance of technology by people and the presence of major market players in the area, North America is anticipated to hold the highest share of the application hosting market during the forecast period.
The main driving forces behind the use of application hosting service offerings in North America are the organisations' shift toward the adoption of innovative technologies and the growing acceptance of digital business strategies. The market in North America is also anticipated to be driven by the rising budgets allocated by businesses for application hosting. For key verticals including telecommunications, IT and ITeS, BFSI, and the government and public sector, North America is predicted to be the most promising market.
Recent Developments
IBM purchased Neudesic, a top Microsoft Azure consulting firm, in February 2022 with the intention of growing its offering of hybrid multicloud services and influencing the company's hybrid cloud and AI strategy.
With a new multi-year cooperative investment to promote customer value and innovation, Rackspace extended its Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) in February 2022.
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In addition to the market data for Application Hosting Market, Delvens offers a client-centric report and customized according to the company’s specific demand and requirement.
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