Application Hosting Market - Forecasts from 2018 to 2023
The application hosting market was valued at US$XX.XX billion in 2017 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2023. The growth of this market is majorly attributed to growing competition among industries which is increasing the need among the enterprises to increase the agility of their infrastructure in order to quickly adapt to changing trends and seize new growth opportunities. Significant resource requirements associated with hosting the applications in-house and ensuring their proper maintenance is increasing the popularity of application hosting services among the end users, thus fueling their adoption. Application hosting services allow end users to focus on their core business functions while reducing their expenses significantly. Availability of a good number of reliable vendors offering these services at affordable prices to customers worldwide is fueling the adoption of these services, thus boosting the market growth. However, rising incidence and severity of cyber-attacks, and stringent regulations in many regions regarding data security are restraining the growth of this market both by hindering the adoption of these services by enterprises and by hindering the entry of new players into this market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the application hosting value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global application hosting market.
Major industry players profiled as part of the report are Amazon Web Services, IBM, Rackspace, Google, Liquid Web, Microsoft, Sungard AS, DXC Technology Company, Charter Communications and Apprenda Inc.
The application hosting market is segmented by hosting type, platform, application, enterprise size, end-user industry, and geography.
By Hosting Type
Application Programming Interface Management
Backup and Recovery
By Enterprise Size
By End-User Industry
Communication and Technology
Media and Entertainment
Middle East and Africa
Key Questions answered by the report
What is the application hosting market size from 2018 to 2023?
How are the major drivers and restraints affecting the application hosting market and the opportunities which exist for the key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants behaviour
Key strategies being adopted by vendors, with in-depth analysis of their impact on competition and market growth.
Amazon Web Services
DXC Technology Company