Application Hosting Market
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<strong>Application</strong> <strong>Hosting</strong> <strong>Market</strong> Worth 72.50<br />
Billion USD by 2022<br />
NEWS PROVIDED BY<br />
<strong>Market</strong>sand<strong>Market</strong>s <br />
Mar 13, 2018, 11:30 ET<br />
PUNE, India, March 13, 2018 /PRNewswire/ --<br />
According to a new market research report "<strong>Application</strong> <strong>Hosting</strong> <strong>Market</strong> by <strong>Hosting</strong> Type<br />
(Managed, Cloud, & Colocation), Service Type (API Management, Database Administration,<br />
Backup & Recovery, <strong>Application</strong> Security), <strong>Application</strong> Type, Organization Size, Vertical, and<br />
Region - Global Forecast to 2022", published by <strong>Market</strong>sand<strong>Market</strong>s, the global <strong>Application</strong>
<strong>Hosting</strong> <strong>Market</strong> size is estimated to be valued at USD 40.81 Billion in 2017 and is projected to<br />
reach USD 72.50 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.2% during<br />
the forecast period.<br />
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )<br />
Browse 66 Tables and 37 Figures spread through 126 Pages and in-depth TOC on<br />
"<strong>Application</strong> <strong>Hosting</strong> <strong>Market</strong>"<br />
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The major factors expected to drive the growth of the <strong>Application</strong> <strong>Hosting</strong> <strong>Market</strong> include the<br />
availability of comprehensive hosting solutions with an array of complementing services over<br />
the core offering, and the software-centered competitive advantage approach.<br />
The web-based application type is estimated to hold the larger market share in 2017.<br />
The web-based application type is expected to have the larger market share in the <strong>Application</strong><br />
<strong>Hosting</strong> <strong>Market</strong>, due to the presence of a large number of enterprise web applications, which<br />
are deployed globally. Web-based applications are cost-effective in comparison to mobilebased<br />
applications and help organizations achieve their business objectives. Web-based<br />
applications are still the preference of SMEs for sharing information and providing services to<br />
their clients.<br />
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The retail and eCommerce vertical is expected to grow at the fastest rate during the forecast<br />
period.
The retail and eCommerce vertical is expected to register the highest CAGR during the forecast<br />
period. Enterprises in this vertical are adopting the mobile- rst approach and are continuous<br />
incorporating various technologies to enhance the customer experience. Latency, scalability,<br />
and maximum uptime are the major concerns for enterprises in this vertical. Furthermore, they<br />
have to follow various regulations, as their applications comprise user and nancial data of<br />
signi cance. Therefore, enterprises in this vertical are investing wisely to ful ll their business<br />
objectives.<br />
The large enterprises segment is expected to have the larger market share during the<br />
forecast period.<br />
The large enterprises segment is expected to have the larger market size during the forecast<br />
period. Large enterprises are highly focused on data security and data security compliances;<br />
they are investing heavily in securing the external hosting infrastructure and associated<br />
services. They are also deploying various customer-centric and business-centric applications to<br />
gain a competitive advantage over their competitors.<br />
North America is expected to have the largest market share during the forecast period.<br />
North America is expected to hold the largest market share during the forecast period, due to<br />
the high concentration of application hosting providers in this region. Furthermore, the<br />
adoption of cloud hosting among companies in North America is high. Startups and large<br />
enterprises are preferably hosting their applications on the cloud. Furthermore, this region has<br />
a large number of colocation data centers that are supporting the growth of the <strong>Application</strong><br />
<strong>Hosting</strong> <strong>Market</strong> in this region.<br />
The major vendors covered in the <strong>Application</strong> <strong>Hosting</strong> <strong>Market</strong> include AWS (US), IBM (US),<br />
Rackspace (US), Google (US), Liquid Web (US), Microsoft (US), Sungard AS (US), DXC (US),<br />
Apprenda (US), and Navisite (US).<br />
Know more about the <strong>Application</strong> <strong>Hosting</strong> <strong>Market</strong><br />
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