Hosting Infrastructure Services Market Insights:
The Hosting Infrastructure Services Market was estimated at USD 14.9 billion in 2022. It is anticipated that the market for hosting infrastructure services will increase from USD 16.2 billion in 2023 to USD 31.8 billion by 2032, with a compound annual growth rate (CAGR) of 8.80% over the course of the forecast period (2023-2032). The demand for faster data access, low-cost IT infrastructure, and an increase in small- and medium-sized businesses are the three main market factors boosting the growth of the global hosting infrastructure services market.
Businesses all over the world are putting a lot of effort into creating mobile workforces, where employees may access data via internet services from remote locations, needing virtual sets of IT offerings such as servers, storage, networks, and others. Infrastructure services offer faster data access regardless of where the data centre is located due to the ubiquitous implementation of IT infrastructure. Due to the lack of a data centre on-site, additional services, or upkeep costs, infrastructure services also have a low investment cost. Managed service providers like Amazon Web Services, Inc., Microsoft Corporation, and IBM Corporation provide continuously accessible cloud service throughout the year as a part of their integrated cloud service offering.
Due to the responsive scalability feature of shared cloud servers, end users view hosting infrastructure services as a significant cost-saving solution where a client pays only for what they utilise. In addition, end users save money by avoiding the setup costs related to installing separate servers.
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Key players:
Key Companies in the hosting infrastructure services market include:
- AT&T Inc.
- International Business Machines Corporation
- Microsoft Corporation
- HPE
- NetApp, Inc.
- Equinix Inc.
- GoDaddy Operating Company, LLC
- CoreSite
- Rackspace Inc.
Scope of the Report – Hosting Infrastructure Services Market:
Report Metrics |
Details |
Market Size by 2032 |
USD 31.8 Billion |
CAGR during 2023-2032 |
8.80% |
Base Year |
2022 |
Forecast |
2023-2032 |
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Market Segmentation:
Based on the type of offering, the Hosting Infrastructure Services Market is segmented into Solution and Services. The market was dominated by the services sector. the expanding use of software as a service (SaaS), which now controls the market for hosting infrastructure services.
Based on deployment model, the Hosting Infrastructure Services Market is segmented into Cloud and On premises. The biggest money was made in the cloud category.
Energy and utilities, defence and government, manufacturing, transportation and logistics, telecom, IT and ITeS, and others are included in the market segmentation for hosting infrastructure services based on end user. The market was dominated by the energy and utilities sector.
Browse In-depth Market Research Report (128 Pages, Charts, Tables, Figures) Hosting Infrastructure Services Market – https://www.marketresearchfuture.com/reports/hosting-infrastructure-services-market-11701
Regional Analysis:
The analysis offers market insights for North America, Europe, Asia-Pacific, and the rest of the world, by region. This industry will be dominated by the North American market for hosting infrastructure services. North America has a sufficiently advanced infrastructure to support the deployment of hosting infrastructure services. To strengthen their position on the global market, top suppliers also give top priority to regional expansion, strategic alliances, and the development of original solutions. The North American market is being driven primarily by increased demand for low-cost cloud infrastructure development and faster network accessibility.
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