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Web Hosting Services Market Rising at 18.0% CAGR to Reach USD 267.10 Billion by 2028

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Pune, India, April 20, 2021 (GLOBE NEWSWIRE) — The global web hosting services market size is projected to reach USD 267.10 billion by 2028, exhibiting a CAGR of 18.0% during the forecast period. According to the Fortune Business Insights™ report, titled “Web Hosting Services Market, 2021-2028”, the market value stood at USD 75.03 billion in 2020.

COVID-19 Impact

The COVID-19 pandemic outbreak has caused unprecedented upheavals in physical business infrastructures as governments across the globe have had to impose lockdowns and social distancing measures to curb the spread of the virus. For example, a survey by the National Bureau of Economic Research (NBER) found that 43% of the respondents faced a temporary or permanent shutdown of business in the US in 2020 due to the pandemic. Similarly, a private survey in India revealed that the pandemic is set to hit 74% of the startups in the country. This dire situation has, therefore, led the market to register a lower CAGR of 11.9% and reach a value of 83.99 billion in 2021.

List of Key Players Covered in this Market Report:

  • SiteGround (Sofia, Bulgaria)
  • Digitalocean, Inc. (New York, United States)
  • Equinix, Inc. (California, United States)
  • Clearlake Capital Group (California, United States)
  • Hostinger International, Ltd. (Kaunas, Lithuania)
  • Amazon.com, Inc. (Washington, United States)
  • GoDaddy Operating Company, LLC (Arizona, United States)
  • Google Inc. (California, United States)
  • Liquid Web LLC (Michigan, United States)
  • WPEngine, Inc. (Texas, United States)
  • 1&1 IONOS Inc. (Montabaur, Germany)
  • Cloudflare (California, United States)
  • Alibaba Cloud (Hangzhou, China)
  • DreamHost (California, United States)
  • AT&T Inc. (Texas, United States)

Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/web-hosting-services-market-100863

Market Drivers

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Emergence of Hosting Services for Startups to Boost the Market

The proliferation of startups and small businesses around the world has created an intense need for cost-efficient and sustainable online platforms. Since the accessibility to the internet is speedily increasing, these entities are placing a high importance on maintaining a strong virtual presence and growing their businesses in the digital space. To cater to this demand, several companies providing web hosting services to startups have emerged and are gathering momentum worldwide. For example, Hostwinds is a virtual private server (VPS) hosting service provider that offers reliable services and round-the-clock technical support to small enterprises and startups in the US and the UK. Similarly, Bluehost provides a web hosting platform with features such as GB file transfer, free templates, domain names, and unlimited domain hosting, all under one account. Thus, the emergence of web hosting companies delivering specialized services to startup businesses will accelerate the growth of this market.

Incorporation of AI in Web Hosting Services to Open New Vistas for Market Growth

One of the most promising factors propelling the web hosting services market growth is the incorporation and integration of artificial intelligence (AI) and machine learning (ML) technologies in hosting platforms. AI and ML are enabling web service providers to create and deliver more enhanced and comprehensive products to clients. For example, the persistent threat of cyber-attacks and associated crimes can be mitigated using AI. Algorithms and firewalls powered by AI can detect bugs and malware and alert the provider of the potential threats they can cause to the platform. AI can also augment the accuracy and proficiency of a website by taking care of routine tasks. AI-enabled chatbots, for instance, can communicate with site visitors and supply them with basic information about the service. This, in turn, can also optimize domain performance. Thus, AI holds limitless opportunities for web service companies, which favors the growth of this market.

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Market Segments

On the basis of type, the market segments include shared hosting, dedicated hosting, collocated hosting, virtual private server hosting, and others.

Based on application, the market has been divided into public websites, mobile applications, intranet sites, and online applications.

In terms of deployment, the market has been categorized into public cloud, private cloud, and hybrid cloud. Here, the public cloud segment led the market in 2020 with a share of 51.6%.

By region, the market has been segregated into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America.

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Regional Insights

North America Revenue Generation Stood at $34.32 Billion in 2020, to Lead the Market till 2028

North America is expected to dominate the web hosting services market share during the forecast period, having generated revenue worth USD 34.32 billion in 2020. The leading position of the region is attributable to the intense competition among small business enterprises in the region in the virtual space. Moreover, the widespread adoption of smartphones and social media in the US and Canada are also prompting companies to focus their energies on maintaining a dynamic presence on digital platforms.

Europe is set to emerge as the second-highest revenue-generating region, backed by a robust network infrastructure, 5G rollout, and IT outsourcing trends in the region. In Asia Pacific, the steady shift of businesses to online platforms, with growing policy support, will stoke the demand for web hosting services in the foreseeable future.

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Competitive Landscape

Agreements between Social Media Giants & Web Service Companies to Intensify Competition

Companies providing specialized web hosting services are actively collaborating with social media bigwigs to widen the horizons of their businesses. These collaborations are also aiding small & medium businesses to access next-gen technologies and leverage digital tools to expand their market presence.

Industry Developments:

  • December 2020: Twitter inked a new agreement with Amazon Web Services (AWS) to harness AWS’s capabilities to improve app and service performance. Under the deal, Twitter will deploy AWS to offer a global cloud infrastructure to deliver Twitter timelines.
  • February 2020: GoDaddy announced the acquisition of Uniregistry’s marketplace and domain registrar businesses. Besides these, GoDaddy will also take over Uniregistry’s domain portfolio consisting of more than 350,000 names.

Major Table of Contents:

  • Introduction
    • Definition, By Segment
    • Research Methodology/Approach
    • Data Sources
  • Key Takeaways
  • Market Dynamics
    • Macro and Micro Economic Indicators
    • Drivers, Restraints, Opportunities and Trends
    • Impact of COVID-19
      • Short-term Impact
      • Long-term Impact
  • Competition Landscape
    • Business Strategies Adopted by Key Players
    • Consolidated SWOT Analysis of Key Players
    • Porter’s Five Force Analysis
  • Global Web Hosting Services Key Players Market Share Insights and Analysis, 2020          
  • Key Market Insights and Strategic Recommendations
  • Companies Profiled (Covered for key 10 players only)
    • Overview
      • Key Management
      • Headquarters etc.
    • Offerings/Business Segments
    • Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
      • Employee Size
      • Key Financials
        • Past and Current Revenue
        • Gross Margin
        • Geographical Share
        • Business Segment Share
    • Recent Developments
  • Annexure / Appendix
    • Global Web Hosting Services Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
      • By Type (Value)
        • Shared Hosting
        • Dedicated Hosting
        • Collocated Hosting
        • Virtual Private Server Hosting
        • Others (Reseller hosting, etc.)
      • By Application (Value)
        • Public Website
        • Mobile Application
        • Intranet Site
        • Online Application
      • By Deployment (Value)

TOC Continued…!

Speak To Our Analyst- https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/web-hosting-services-market-100863

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Artificial Intelligence

TraceLink Releases Amadeus, the First Generative AI Assistant for Accelerating the Digitalization of Supply Networks on the Opus Platform

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Trained on a rich set of information from a unified content repository, Opus Orchestration Architects, Solution Designers, Network Administrators, and those simply interested in learning more about TraceLink’s solutions are empowered with information in seconds
BOSTON, Oct. 1, 2024 /PRNewswire/ — TraceLink, the largest end-to-end digital network platform for intelligent orchestration of the supply chain, today announced the launch of Amadeus, an AI Assistant to help users across the supply chain configure and optimize supply networks. Powered by advanced Large Language Model (LLM) algorithms, Amadeus allows users to find answers across a large volume of the TraceLink University educational content ecosystem, including developer resources, educational “how-to” materials, and technical documentation, delivering detailed, accurate responses tailored to their needs.

Whether navigating through extensive resources, searching for specific content, or exploring related topics, Amadeus provides intelligent answers drawn from a knowledge base refreshed on a daily basis. Its advanced search capabilities and context-aware assistance with source URL and citations ensure a smooth, reliable, current, and efficient content discovery process. With instant access to TraceLink University documents, educational whitepapers, case studies, and more, Amadeus delivers quick, within-seconds responses tailored to specific customer use cases, helping users solve complex business problems with confidence.
“With Amadeus, we are offering a powerful way for customers to engage with the wealth of knowledge within TraceLink University,” said Shabbir Dahod, President and CEO at TraceLink. “By integrating generative AI and LLMs with our extensive content library, Amadeus helps users to quickly find the information they need to optimize their supply chain operations. This is just the beginning of how TraceLink aims to harness AI to further transform supply chain management in the future.”
Amadeus’ AI functionality is further enriched by its robust safeguards. Built-in guardrails and alignment with OpenAI’s safety protocols verify that responses are relevant and accurate, eliminating AI hallucinations and keeping users on track. With these AI safety features built into Amadeus, users receive the most applicable and trusted answers, helping them make informed decisions in real-time. Looking forward, Amadeus will securely integrate content from customers’ own orchestration networks, thereby enabling a powerful AI-driven experience on top of end-to-end supply chain network intelligence to leverage predictions to drive business results.
Learn more about TraceLink’s Opus Magnum release, the only no-code network digitalization platform designed to democratize access to end-to-end supply chain integration and orchestration.
See Opus Magnum live at FutureLink Barcelona 2024, the only thought-leadership, education, and networking event for life sciences and healthcare leaders needing critical intelligence and better collaboration across supply chain relationships, from October 2-4, 2024. With keynotes headlined by the industry’s top thought leaders, a full day of TraceLink University educational sessions, three orchestration tracks led by customers and solution partners, and an immersive product and solution exhibition, this year’s FutureLink will focus on the end-to-end digitalization of your supply chain to link your enterprise systems and processes to the network. Register now.
About TraceLink:
TraceLink Inc. is the largest end-to-end intelligent supply chain platform for life sciences and healthcare, enabling end-to-end orchestration by connecting more than 291,000 healthcare and life sciences entities through its B2N Integrate-Once™ network. Leading businesses trust TraceLink to deliver complete global connectivity, visibility, and traceability of healthcare products, ensuring that every patient gets the medicines they need when needed, safely and securely.
Logo – https://mma.prnewswire.com/media/1004729/TraceLink_Logo.jpg

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Artificial Intelligence

ResourceWise Launches Forest Trackt™: A Comprehensive Solution for EUDR Compliance

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CHARLOTTE, N.C, Oct. 1, 2024 /PRNewswire/ — ResourceWise®, a leading provider of pricing, market intelligence and sustainability solutions, is proud to announce the launch of Forest Trackt™, an end-to-end compliance solution designed to help companies adhere to the European Union Deforestation Regulation (EUDR). This innovative technology is set to transform how businesses demonstrate supply chain transparency.

Forest Trackt integrates advanced technology, including automated geo-location of source coordinates, machine learning, and advanced algorithms, to enable businesses to trace the origins of wood-based commodities accurately. Forest Trackt enhances transparency across the supply chain, providing a robust framework for meeting the stringent requirements of the EUDR.
Key features of Forest Trackt include:
Geo-Location Data Acquisition: Employs the user-friendly ForestLogger mobile app to collect precise geo-location data with no cellular connection. This ensures accurate and efficient data gathering and polygon definition, even in remote areas.Point-to-Polygon JSON Files: Automates the creation of required geo-location data files to comply with EUDR. One significant challenge for EUDR compliance is the requirement to provide vast amounts of geo-location data. Forest Trackt replaces manual data entry, reducing cost and errors while providing more accurate data and ensuring full traceability of wood-based products.Predictive Risk Assessment: Offers multi-factor risk assessment to pre-qualify tracts, conduct the required risk assessment, and demonstrate a robust risk management program as required by EUDR.Tokenization System: Tracks wood-based raw materials from the forest through the supply chain to the end product and market, solving the many-to-many problem of forest and sawmill residuals.Centralized Data Package Delivered to the EU: Transfers all data from a centralized database to the EU via API.Forest Trackt is engineered to streamline compliance, minimizing manual workload while maximizing compliance accuracy and assuring audit readiness. Businesses that adopt this solution can look forward to increased efficiency and reduced risk of non-compliance penalties, thus future-proofing themselves against evolving regulatory landscapes.
“The penalties for failing to comply with EUDR are steep. For example, US manufacturers of pellets, pulp, paper, and lumber have roughly $4 billion in revenue at risk. At ResourceWise, we recognize the challenges companies face in implementing transparency standards,” said Pete Stewart, CEO of ResourceWise. “With Forest Trackt, we aim to simplify compliance processes and empower businesses to achieve their sustainability goals with confidence and ease.”                                                                             
“The regulatory environment for the forest products industry is becoming more complex,” said Stewart. “With the launch of Forest Trackt, ResourceWise continues its commitment to helping those in the forest products industry meet their financial and sustainability goals.”
For more information about Forest Trackt and how it can benefit your business, visit www.resourcewise.com/foresttrackt.
Contact:
Suz-Anne KinneyVice President, MarketingResourceWisePhone: +1 704 451 7312Email: [email protected]
About ResourceWise:
ResourceWise is a commodity price reporting agency with proprietary datasets and deep expertise in forest products, biofuels and low-carbon feedstocks, biomaterials, and chemicals industries. We help our customers make better decisions by providing accurate data and analytics, which we supplement with strategic consulting. Because our markets are energy-intensive, we use our data and expertise to help our customers identify and navigate decarbonization pathways and industry-related regulatory requirements. 
ResourceWise legacy companies include Chemical Intelligence, Fisher International, Forest2Market, Prima Markets, Tecnon OrbiChem, and Wood Resources International.  

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Artificial Intelligence

VIPRE Introduces All-in-one Endpoint EDR+MDR Package to Help Deliver Around-the-clock Managed Security

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Simplified, cost-effective package empowers Managed Service Providers to enter the endpoint MDR market.
LONDON, Oct. 1, 2024 /PRNewswire/ — VIPRE Security Group, a global leader and award-winning cybersecurity, privacy, and data protection company, today launched a new combined VIPRE Endpoint EDR+MDR package. This single, simplified, and streamlined managed protection package provides organisations of all sizes with cost-effective, advanced, and around-the-clock endpoint security. For managed service providers (MSPs), this solution provides a genuine opportunity for portfolio expansion to offer Managed Detection & Response (MDR) services to customers.

With this powerful all-in-one VIPRE Endpoint EDR+MDR solution, organisations receive top-tier Endpoint Detection & Response (EDR) capabilities, such as threat detection, DNS protection, ransomware rollback, patch, and vulnerability management — alongside a fully managed threat incident response led by an experienced forensics team. This includes 24x7x365 coverage backed by stringent service level agreement guarantees, managed containment and remediation, threat hunting and forensic analysis, and more.
“This new packaged solution directly addresses the security and budgetary challenges identified by our customers and MSP channel partners,” Usman Choudhary, General Manager and CTPO at VIPRE Security Group, elaborated. “The security landscape is complex and challenging. Organisations face escalating threats while dealing with budget limitations. The need for continuous, advanced threat monitoring and remediation strains both security teams and financial resources. Our integrated EDR and MDR solution addresses these challenges cost-effectively, while also reducing the overall total cost of ownership of these solutions.”
“Similarly, many MSPs find it difficult to supplement their EDR offerings with MDR services, which demand specialised cybersecurity expertise. Our new package enables MSPs to enter the MDR market efficiently, enabling them to meet clients’ evolving security needs without the substantial investment of building an in-house MDR team.”
Both VIPRE solutions, EDR and MDR, will also remain available individually.
About VIPRE Security Group
VIPRE Security Group, part of Ziff Davis, Inc., is a leading provider of internet security solutions purpose-built to protect businesses, solution providers, and home users from costly and malicious cyber threats. With over 25 years of industry expertise, VIPRE is one of the world’s largest threat intelligence clouds, delivering exceptional protection against today’s most aggressive online threats. Our award-winning software portfolio includes next-generation antivirus endpoint cloud solutions, advanced email security products, along with threat intelligence for real-time malware analysis, and security awareness training for compliance and risk management. VIPRE solutions deliver easy-to-use, comprehensive layered defense through cloud-based and server security, with mobile interfaces that enable instant threat response. VIPRE is a proud Advanced Technology Partner of Amazon Web Services, operating globally across North America and Europe.
The group operates under various brands, including VIPRE®, StrongVPN®, IPVanish®, Inspired eLearning®, Livedrive®, and SugarSync®. www.VIPRE.com
 

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