The global cloud hosting market size is likely to grow at a CAGR of 18 per
cent during the forecast period (2019-2026). The global cloud hosting market is
an increasingly lucrative market for cloud computing service providers. This is
because several companies from diverse verticals are progressively adopting
cloud computing services. The global cloud hosting market is expected to grow
further in North America and Europe. The market is likely to witness a
significant growth rate in the Asia pacific region, Latin America, and the
Middle East Asia region.
The expansion of the global cloud
hosting market is attributed to factors such as increased automation and
agility, the need to deliver improved customer experience, and increased cost
savings and return on investment. On the basis of
deployment model, the hybrid cloud segment is going to be a larger contributor
to the cloud computing market growth.
Many industries, such as healthcare, BFSI, and government, which
prioritize compliance, security, and customer experience adopt the hybrid
deployment model. More and more cloud vendors are focusing on improving their
presence in hybrid cloud space. For example, in October 2018, IBM acquired Red
Hat. This acquisition helped IBM gain access to larger customer base and
extensive cloud portfolio of Red Hat.
The Asia Pacific region, as mentioned
earlier, is likely to provide significant growth opportunities during the
forecast period. The greater availability of skilled labour and more focus by
enterprises in this region are a few factors driving the adoption of cloud
computing in this region. With the importance to achieve greater business
agility and satisfy their customers, cloud hosting has become the core of how
many businesses operate nowadays.
A
recent report on the global cloud hosting market was published by
Global Market Estimates Research and Consultants (GME) in March 2020. The
report classifies the global cloud hosting market on the basis of several factors. On the
basis of service model, the global cloud hosting market is segmented into infrastructure
as a service, software as a service, and platform as a service. On the basis of
organization size, the global cloud hosting market is segmented into small and
medium-sized enterprises and large enterprises. On the basis of end-use
industry, the global cloud Hosting market is segmented into it and telecom,
government, manufacturing, healthcare, and retail, among others. On the basis
of deployment model, the global cloud hosting market is segmented into public,
private, and hybrid. Lastly, on the basis of region, the global
application integration market is segmented into North America, Europe, Asia
Pacific, Central & South America and Middle East & Africa. The
countries covered include: U.S., Canada, Mexico, Germany, France, UK, Italy,
Spain, China, India, Japan, South Korea, Australia, Brazil, Saudi Arabia, UAE,
and South Africa among others.
The
report put forth by GME dedicates a chapter to the end-user landscape. The end-user landscape entails a list of
current and prospective consumers prevailing across the regions. This section
briefs you about company addresses, contact details, products, and regional
presence of companies who are purchasing or are likely to purchase cloud
hosting. The report contains a chapter dedicated to vendors operating in the
market, covering raw material manufactures, equipment developers,
manufacturers, and distributors. The report provides these insights on a
regional level. Some of the key players operating in the cloud hosting market are Digital
Ocean, Greegeeks, IBM, Bluehost, Insureyouknow,
Ipage, Siteground, Liquidweb, Accu Web hosting, Hostgator, Hostwinds, Cloudoye,
Cloudpasssage, Interserver, Get Fly Wheel, Kamatera, Ionos, In Motion Hosting,
One Dollar Web Hosting, and Kinsta, and many more.
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