North America dominated the market with a revenue share of 35.28% in 2019. This high share can be attributed to the U.S. U.S. has the highest number of websites on the internet. These enterprises, although fewer in number as compared to SMEs, occupy considerable share in the market. Based on our analysis, the global market exhibited a lower growth of 11.9% in 2021 as compared to the average year-on-year growth during 2017-2019. The market is projected and expected to grow from USD 83.99 billion in 2021 to USD 267.10 billion in 2028 at a CAGR of 18.0% in the 2021-2028 period. The global web hosting services market size was USD 75.03 billion in 2020. The global impact of COVID-19 has been unprecedented and staggering, with web hosting services witnessing a negative impact on demand across all regions amid the pandemic. In terms of revenue, the enterprise segment dominated the market with a share of 90.46% in 2019. This high share can be attributed to the increasing focus of enterprises on expanding their business presence through online channels. Further, due to the increased business competition, small and medium enterprises are investing in augmenting their online presence by launching websites. Due to budget constraints, small or medium organizations find it challenging to choose dedicated servers for their business requirements.
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Due to these benefits, the small and medium sized businesses choose this type of services to host their websites. Besides, most of the e-commerce websites also prefer dedicated hosting services due to deliver enhanced security to their websites. To accomplish that, your websites have to be located on a web server, which is close to your prospective web site visitors. At REN Hosting, you will not only enjoy a top-class cloud hosting service, your site will be located in a top-class data center. Also, these businesses usually opt for a premium and highly secured web hosting plan such as dedicated hosting, which aids in managing the organizations’ huge online traffic. It also offers one-click scalability to handle any traffic spikes. No need to worry about traffic outages as you grow your business. HostGator offers three different types of WordPress web hosting services named Starter, Standard and Business. Here at CP Cloud Hosting, We offer a diverse range of UK based Autoscaling cloud web hosting solutions including Linux Cloud Web Hosting comes with cPanel or StackCP control panel, Windows cloud Web hosting, Managed WordPress Cloud Web hosting; up to 48x faster than your standard WordPress hosting, VPS with cPanel or StackCP and Domain Name Services – all at competitively low prices. !
While there aren’t many drawbacks to cloud hosting, there are a few points to consider. There isn’t any difference in the features. The pricing and plans vary according to the features that each of the plans offer.CloudWays also offers three days free trial and 24/7 customer support. However, the high levels of security and uptime that dedicated hosting offers is expected to contribute to the decent growth rate of the segment. Moreover, the public segment primarily includes shared web hosting and public cloud hosting services. Additionally, companies all over the globe are increasingly inclined towards opting hybrid cloud hosting services as it allows them to leverage the flexibility that cloud offers. The hybrid segment is expected to witness the highest CAGR over the forecast period. As a result, it is anticipated to see the modest growth of this segment in near future. Key factors that are driving the market growth include growing number of startups, increasing internet penetration and increasing web-traffic worldwide.
Key players provide hosting services to a large number of companies to publish their websites online. Some key players operating in the web hosting services market include Amazon Web Services, Inc.; 1&1 IONOS Inc.; Equinix, Inc.; and GoDaddy Operating Company, LLC. We’ve provided a detailed summary for each web hosting provider and highlighted their strengths and services, things that may be important for your choice, plus information on pricing and why each particular web host may be ideal for you. At any rate, you will get: a 99.9% uptime guarantee with all cloud hosting plans and hosting services, the latest stable versions of MySQL and PgSQL, plus the possibility to select your PHP version. And you will be able to use the latest stable releases of MySQL and PostgreSQL and to choose your PHP version (PHP 4/5) with each of our cloud hosting plans. Nowadays, the internet penetration rate and use of smartphones are increasing rapidly across the globe. In terms of revenue, the public website segment dominated the web hosting services market with a share of 52.48% in 2019. This high share is attributed to the fact that most of the websites are accessible to everyone across the globe.