Hosting Infrastructure Services Market worth USD 31.8 Billion, growing at a 8.80% CAGR by 2032 – Report by Market Research Future (MRFR)
Research Reports
Oct 11, 2023
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.
Click Here to Get Sample Premium Report
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 |
Buy Now Premium Research Report – Get Comprehensive Market Insights.
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.
Related Reports:
Wholesale Telecom Market – The Wholesale Telecom market is projected to grow USD 913.6 billion by 2032, at a CAGR of 9.3% during the forecast period 2023 – 2032.
Electronic Data Interchange (EDI) Software Market – The Electronic Data Interchange (EDI) Software market is projected to grow USD 5.07 billion by 2032, exhibiting a CAGR of 10.30% during the forecast period 2023 – 2032.
Digital Content Market – The Digital Content Market is projected to grow from USD 173.2 billion in 2023 to USD 282.3 billion by 2032, exhibiting a CAGR of 6.30% during forecast period 2023 – 2032.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Also, we are launching “Wantstats” the premier statistics portal for market data in comprehensive charts and stats format, providing forecasts, regional and segment analysis. Stay informed and make data-driven decisions with Wantstats.
Contact Information:
Market Research Future (Part of Wantstats Research and Media Private Limited) 99 Hudson Street, 5Th Floor New York, NY 10013 United States of America +1 628 258 0071 (US) +44 2035 002 764 (UK) Email: sales@marketresearchfuture.com Website: https://www.marketresearchfuture.com
Tags:
Research Newswire, English