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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