Application Hosting Market - Overview
The requirement for
cloud-based on-demand software is likely to reinforce the Application Hosting Market 2020
positively. The ICT industry reports are produced by Market Research Future,
which highlights market options for expansion. A revenue level of USD 82.17
billion is forecasted to be achieved with a CAGR of 13.4% in the forecast
period.
The expansion of
application hosting solutions is expected to influence the application further
hosting market in the forecast period. Also, the need to safeguard data is
anticipated to create positive traction for the growth of the application
hosting market. The need for broad hosting solutions is predicted to further
back the development of the application hosting market.
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Segmental Analysis
The segmentation insight
into the application hosting market is segmented on the basis of hosting type,
organization size, service type, region, application type, and vertical. Based
on the hosting types, the application hosting market is segmented into
colocation hosting, managed hosting, and cloud hosting. The segmentation of the
application hosting market on service-type consists of application security,
backup and recovery, application monitoring, database administration, and
others. The application type based
segmentation of the application hosting market includes mobile application and
web application. On the basis of organization sizes, the application hosting
market is segmented into small and medium enterprises & large enterprises.
On the basis of industrial vertical, the application hosting market is
segmented into IT & telecommunication, BFSI, retail & e-commerce,
healthcare, manufacturing, media & entertainment, and others. Based on the
regions, the application hosting market is segmented into Asia Pacific, Europe,
North America, and the rest of the regions in the world.
Detailed Regional Analysis
The regional assessment of
the application hosting market is segmented into regions such as Asia Pacific,
Europe, North America, and the rest of the regions in the world. The North
American region is recognized to have seen remarkable growth in the application
hosting market. The US is the most critical country in the regional market due
to the incidence of a huge number of solution suppliers in the region.
Additionally, the Asia Pacific is anticipated to have vital growth in the
application hosting market. The leading countries in the region are Japan,
China, South Korea, and India. The application hosting market development is
accredited to the progressing adoption of e-commerce websites such as Flipkart,
Amazon, and others. Moreover, the APAC region is also likely to observe
amplified investment to improve cloud infrastructure to enable the outsourcing
of managed services.
Competitive Analysis
The stability of the
economic state is expected to further lend to the favorable development in the
global market strength. The scope of development of the market shows a high
growth potential that the market can achieve in the coming years. The strategic
allocation and positioning of assets are expected to aid each competitor in the
mart with their growth goals. The inducement of definite regulations introduced
by the governments of several countries is estimated to enhance the profits
that can be gained by the market. The availability of suitable means to build
robust distribution channels is estimated to characterize the future expansion
of the market in the forecast period. The improvement in research and
development facilities and equipment is further projected to influence the
growth of the market in the forecast period. The need to prepare for
contingencies such as natural disasters, pandemics, and international trade
wars is expected to allow the market a better capability to deal with the
challenges.
The eminent contenders in
the application hosting market are Spectrum Enterprise (US), IBM Corporation
(US), Rackspace (US), Google LLC (US), Amazon Web Services (US), Microsoft
Corporation (US), LiquidWeb (US), Sungard AS (US), DXC Technology (US), and
Apprenda (US).
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