Home Press Releases Application Hosting Market Size Worth $169.8 Billion By 2030 | CAGR: 12.4%

Application Hosting Market Size Worth $169.8 Billion By 2030 | CAGR: 12.4%

The global application hosting market size is expected to reach USD 169.8 billion by 2030, according to a new study by Polaris Market Research. The report “Application Hosting Market Share, Size, Trends, Industry Analysis Report, By Hosting Type; By Service Type; By Application (Mobile-based, Web-based); By Organization Size; By Vertical; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides an analysis of future market growth.

 

The growing demand for application hosting for different application is owing to the increasing integration of cloud computing, mainly software as a service (SaaS) that allow remote accessibility. Furthermore, rising internet users, technological innovations, and regulatory compliance requirements are projected to drive the demand for the application hosting market.

 

Moreover, application hosting enables businesses to operate various services, including managed backup and security services. Application monitoring offers customized tools that address threats and issues to improve the company’s operation and customer experience. Additionally, application hosting provides solutions that boost scalability, security, and dependability, creating a lucrative opportunity for hosting solutions with additional services, which is expected to drive market growth.

 

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In addition, the rising demand for application hosting across various businesses is due to the adoption of SaaS technologies that help organizations to organize and automate their operations. This solution allows enterprises to combine all their operations from production to supply chain in a single system, increasing demand across various applications. Moreover, the data generated enable the company to make an actual data-driven decision and assure governance compliance, lowering the risks of data breaches and cyber threats; such factors are expected to fuel the market.

 

The COVID-19 pandemic positively impacted the demand for application hosting services, as working from home was the major trend during the period. Many companies operate remotely, mainly relying on cloud computing solutions to accomplish the business’s goals. In addition, growing government investment in developing cloud offerings for the healthcare industry and consumer shift from cash to cashless payment modes via digital platforms also boosted the market.

 

Application Hosting Market Report Highlights

  • The growing demand for the managed hosting segment owing to it, reduces operating costs required for hiring databases, system admins, and staff members to manage any servers. In addition, managed hosting offers many benefits, such as spam filtering, virus scanning, and automatic upgradation, which enhance productivity.
  • Small and medium-sized enterprises accounted for the highest revenue share in 2021. It is expected to continue its dominance due to the rising adoption of application hosting as they lack funds for building infrastructure. Moreover, deploying these services is cost-effective and free from any capital expenditure, which is anticipated to drive segment growth.
  • Asia Pacific is expected to grow over the forecast period on account of rapid urbanization and digitization, leading to the development of new and innovative technologies. The increasing government funding for cloud service deployment and rising R&D investment for software-based products across China and India support regional growth.
  • Major players operating in the industry include Amazon Web Services, Appfleet, Apprenda, Bluehost, Boltfare, Capgemini, Cloudways, Digitalocean, DXC Technology, Google, Greengeeks, Hostarium, Hostgator, Hostwinds, IBM, Liquid Web, Microsoft Corporation, Navisite, NCE Corporation, Netmagic Solutions, Oracle, Rackspace, Serverspace, Spectrum Enterprise, and Sungard AS.

 

Polaris Market Research has segmented the application hosting market report based on hosting type, service type, application, organization size, vertical, and region:

 

Application Hosting, Hosting Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Managed Hosting
  • Cloud Hosting
    • Infrastructure as a Service
    • Platform as a Service
    • Software as a Service
  • Colocation Hosting

Application Hosting, Service Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Application Monitoring
  • Application Programming Interface Management
  • Infrastructure Services
  • Database Administration
  • Backup And Recovery
  • Application Security

Application Hosting, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Mobile-Based
  • Web-Based

Application Hosting, Organization Size Outlook (Revenue – USD Billion, 2018 – 2030)

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Application Hosting, Vertical Outlook (Revenue – USD Billion, 2018 – 2030)

  • Banking, Financial, and Insurance
  • Telecommunications and IT
  • Media and Entertainment
  • Retail and Ecommerce
  • Healthcare
  • Manufacturing
  • Energy and Utilities
  • Others

Application Hosting, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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