Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.
Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.
We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.
In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months. Request Insights
Global Hosting Infrastructure Service Market Overview
Hosting infrastructure services provides virtualized computing resources such as software, hardware, servers, storage and other infrastructure components over the internet. Enterprises are widely using hosting infrastructure services due to the increasing volume of business and financial data among the businesses in many verticals. Hosting infrastructure services include digital content management and website infrastructure management. These services help the enterprises to decrease their operational costs of setting up an enterprise infrastructure and focus on core business related activities.
Market Size and Forecast
The hosting infrastructure service market, in terms of value, is expected to grow rapidly during the forecasted period at a good CAGR. Flexibility to run important business applications & reliable and robust IT infrastructures are expected to the drive the growth of hosting infrastructure service market globally over the forecasted period. Rising penetration for hosting infrastructure services as they help in reducing the IT administration cost are also expected to contribute in the growth of hosting infrastructure service market over the forecasted period.
North America holds the largest market share in terms of revenue due to the rising focus on data center consolidation. The rapid growth in the use of cloud based storage services in this region also expected to grow the market of hosting infrastructure service over the forecasted period. Most of the enterprises accept the cloud computing technologies and growing demand for secure server are expected bolster the growth of hosting infrastructure service market in this region over the forecasted period.
Asia Pacific is anticipated to be the fast growing market due to the increase usage of virtualization infrastructure and adoption of cloud based services. The hosting infrastructure services industry in developing economies such as China and India are expected to rise due to increasing internet penetration among population. Increasing affordability of smart phones and mobile internet are also expected to stimulate the growth of hosting infrastructure service market in this region over the forecasted period. Europe is expected to show a positive growth in terms of revenue over the forecasted period due to the presence of tremendous opportunities for hosting infrastructure service market in various verticals such as government sector. Latin America and Middle East regions are anticipated to grow at a significant pace due to increasing number of small to medium size businesses. Increase in shift from traditional on-premises deployment to the cloud-based deployment of various solutions across many industries are also expected to contribute in the growth of hosting infrastructure service market in this region over the forecasted period.CLICK TO DOWNLOAD FREE SAMPLE
Market Segmentation
Our-in depth analysis of the global hosting infrastructure service market includes the following segments:
By Service
By End User
By Verticals
By Region
Global hosting infrastructure service market is further classified on the basis of region as follows:
Growth Drivers and Challenges
Cost saving is one of the major factor which drives the growth of hosting infrastructure service market globally as enterprises does not need to spend high cost on hardware, maintenance of hardware and networking equipment. Hosting infrastructure service provides end user to scale up and down their storage as this service is based on the pay-as-you-go pricing model which also expected to drive the market of hosting infrastructure service globally over the forecasted period. By adopting hosting infrastructure services, enterprises can concentrate on their core resources which also expected to contribute in the growth of hosting infrastructure service market globally.
Growing technological advancements and IT penetration in developing countries such as China are expected to contribute immensely in the growth of global hosting infrastructure service market over the forecasted period. Increasing number of small and medium size businesses across the globe along with adoption of online business models are also expected to drive the market growth of hosting infrastructure service over the forecasted period. Immediate resource allocation, globally connected servers and availability of enterprise grade hardware at low cost drives the growth of hosting infrastructure service market globally.Increase in complication of network architecture can be act as a restraint which likely to hamper the growth of hosting infrastructure service market globally.
Key players
Some of the examples of market players in the global hosting infrastructure service market identified across the value chain include:
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The global hosting infrastructure service market is segmented as follows:
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment.
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