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Web Hosting Services Market Share

Report ID: GMI9832
Published Date: Jun 2024
Report Format: PDF

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Web Hosting Services Market Share

Amazon Web Service and Goole Cloud dominate the market with around 20% market share. Companies in the market employ various strategies to bolster their presence. This involves dedicating resources to research and development to create inventive solutions, securing crucial technologies, and consistently adjusting products to meet changing cybersecurity threats. This approach guarantees a competitive advantage in the ever-shifting market terrain.

Market players often diversify their service offerings to cater to a broader range of customers. This includes shared hosting, virtual private servers (VPS), dedicated hosting, and specialized services for specific applications like WordPress or e-commerce. Forming strategic partnerships with software vendors, technology providers, and other industry players can open new avenues for growth. Collaborations can lead to bundled services, joint marketing efforts, and expanded customer reach.

Web Hosting Services Market Companies

Major players operating in the web hosting services industry are:

Amazon Web Services
Blueshot
DigitalOcean
GoDaddy
Google Cloud
HostGator
IONOS
Liqiud Web
Namecheap
WP Engine

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of web hosting services was USD 111.8 billion in 2023 and is set to witness over 18.5% CAGR from 2024 to 2032, led by the increasing government approvals and regulatory compliance among businesses.

The shared hosting offering segment in the web hosting services industry accounted for 35% share in 2023, as it enables budget-friendly hosting solutions, ideal for those with moderate website traffic and simpler requirements.

The public cloud segment recorded 55% share in 2023, propelled by the growing need for businesses to prioritize accessibility, scalability, and remote accessibility.

North America market accounted for more than 35% share in 2023, due to the presence of robust e-commerce ecosystem and diverse industries seeking reliable hosting for online venture.