Market Highlights:
Application hosting, is cloud-based on-demand software, refers to a computing and operating platform that allows continuous availability of software to the end user over the Internet. In other words, an application hosting is a type of software as a service (SaaS) solution that allows an individual to perform and operate a software application entirely from the cloud on a recurring subscription. Generally, the enterprises across all industry verticals need to develop and maintain connectivity infrastructure to run on-premises applications. However, the development of application hosting solutions allows enterprises to run their business applications on online platforms with continuous monitoring, software updates, and business continuity services.
Along with solution, application hosting allows various services for enterprises to run application monitoring, managed backup and security services, and others. Application monitoring offers critical solutions through a customized set of tools to identify threat issues and fix problems to eventually enhance the customer experience. These services also offers backup solution to safeguard its data on a regular basis. Furthermore, the application hosting services offer sophisticated solutions that increases its availability, dependability, security, scalability, and compliance thereby increasing the need for extensive hosting solutions with additional services driving the growth of global application hosting services market during the forecast period.
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Major Key Players
- Amazon Web Services (US),
- IBM Corporation (US),
- Rackspace (US),
- Google LLC (US),
- LiquidWeb (US)
- Microsoft Corporation (US),
- Sungard AS (US),
- DXC technology (US),
- Spectrum Enterprise (US),
- Apprenda (US)
According to MRFR, The global Application Hosting Market is expected to reach approximately USD 82.17 billion by 2023 growing with a CAGR of 13.4% over the forecast period 2018-2023.
Competitive Insights:
Rackspace in May acquired RelationEdge, a consulting partner and digital agency, to boost their digital market prospect. In addition, they also acquired Datapipe in November and TriCore Solutions to broaden market penetration. It also introduced the Managed Service Provider (MSP) services for Amazon Web Services, Microsoft Azure and Google Cloud Platform which can be considered significant market percolation.
Liquid Web, a provider of web hosting and managed cloud services, acquired iThemes Media, known for their service in the field of WordPress plugins.
Segmentation:
The application hosting market can be segmented by hosting type, service type, application type, organization size, and vertical.
By hosting type, the application hosting market is sub-segmented into managed hosting, colocation hosting, and cloud hosting.
Based on service type, the application hosting market comprises monitoring, application security, backup and recovery, database administration, and others.
Based on application type, the application hosting market includes web application and mobile application.
On the basis of organization size, the application hosting market is segmented into large enterprise and small & medium enterprises (SMEs).
Depending on industrial vertical, the application hosting market is segmented into banking, financial services and insurance (BFSI), IT & telecommunication, media & entertainment, retail & e-commerce, healthcare, manufacturing, and others.
Regional Analysis:
Geographically, the application hosting market spans across regions namely North America, Asia Pacific (APAC), Europe, and the Rest-of-the-World (RoW).
North America is presumed to have significant growth in the application hosting market. The US is a leading country in the market owing to the presence of large number of solution providers in the region. The region can quite easily boast off superior infrastructure, and it has an effective model to integrate the system into industries quite easily which gives the region an edge over the rest.
On the other hand, the APAC regional market is expected to have significant growth in the market. China, Japan, South Korea, and India are performing extraordinarily to take the region forward. E-commerce websites such as Amazon, Flipkart, and others are impacting the market considerably. In addition, the region can witness a surge in investment from both private and government factions to boost cloud infrastructure to outsource managed services.
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Target Audience
- Application Hosting solution vendors
- Application Hosting service providers
- Application developers
- System integrators
- Information Technology (IT) developers
- Third party vendors
LIST OF TABLES
Table 1 Global Application Hosting Market: By Region, 2018-2023
Table 2 North America Application Hosting Market: By Country, 2018-2023
Table 3 Europe Application Hosting Market: By Country, 2018-2023
Table 4 Asia-Pacific Application Hosting Market: By Country, 2018-2023
Table 5 Rest of the World Application Hosting Market: By Country, 2018-2023
Table 6 Global Application Hosting by Hosting Type Market: By Regions, 2018-2023
Continued….
LIST OF FIGURES
FIGURE 1 Global Application Hosting Software market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Application Hosting Market
FIGURE 4 Value Chain of Global Application Hosting Market
FIGURE 5 Share of Global Application Hosting Market in 2018, by country (in %)
FIGURE 6 Global Application Hosting Software Market, 2018-2023,
Continued….
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