Application Hosting Market by Hosting Type, Service Type, Application Type, Organization Size, Vertical and Region – Global Forecast to 2027 – ResearchAndMarkets.com

Dublin–(Business Wire)–“Global Applications by Hosting Type (Managed, Cloud, and Managed), Service Type, Application Type (Web-based, Mobile), Organization Size, Vertical, and Region (North America, Europe, Asia Pacific, Latin America) Colocation Market (America, MEA) – Forecast to 2027” report has been added to ResearchAndMarkets.com’s supply.

The application hosting market is expected to grow from USD 66.9 billion in 2022 to USD 121.7 billion in 2027, at a CAGR of 12.7% during the forecast period.

By organization size, the SME segment is expected to register a higher CAGR during the forecast period

SMBs are a faster growing segment of the application hosting market compared to large enterprises. Most of these organizations lack funds to build their infrastructure and hire resources to manage it.

Cloud hosting services enable these organizations to host their applications, leveraging some other service provider’s infrastructure at an affordable cost. Features such as flexibility, disaster recovery, automatic updates, no capital expenditure, collaboration, document control, and security encourage SMBs to quickly host their applications in cloud environments.

Web-based application type is expected to hold the largest market share by 2022

Web technology is changing rapidly as new technologies develop. These technologies are reshaping enterprise business applications. Businesses understand the importance of web-based applications and therefore invest more in this area to gain a competitive advantage.

Additionally, businesses are incorporating the latest technologies such as artificial intelligence chatbots, motion user interfaces, blockchain, augmented reality (AR), and push notifications into their web-based applications.

Among the regions, the Asia Pacific market is projected to register the highest CAGR during the forecast period

The growth of the application hosting market in APAC is largely driven by technological advancements in the region. China is expected to be the leading market for application hosting solutions in the region.

Large population, evolving infrastructure, and technology are the major factors contributing to the growth of the application hosting market in APAC. BFIS is driving the demand for application hosting solutions in the region, with the rapid increase in technology adoption across various verticals of real-time retail and e-commerce.

Market Dynamics

driver

  • Avoid the risk of giving system access to third parties

  • Software-centric approach to competitive advantage gains industry-agnostic endorsement

  • Application hosting facilitates greater focus on core business processes by providing business-specific IT solutions

  • A comprehensive hosting solution, offering a range of complementary services on top of the core product

bondage

  • Security and Privacy Concerns Inhibit Organizational Change

  • Regional IT growth presents infrastructure challenges for implementing managed technologies

  • Entry prohibited by local regulations

Chance

  • Steady expansion of cloud computing creates new growth areas, adding products and slightly differentiating suppliers

  • Managed Services Go Beyond Traditional Methods

  • Provide innovative service delivery that outperforms competitors

challenge

  • Vendor lock-in for cloud hosting can affect the flexibility organizations need

  • provide scalability

mentioned company

  • application group

  • appendix

  • Wow

  • bluehost

  • Bomb

  • Capgemini

  • cloud road

  • digital ocean

  • Dixin Technology

  • Google

  • green geek

  • Catfish House

  • host crocodile

  • against the wind

  • IBM

  • liquid web

  • Microsoft

  • Navister

  • nice company

  • Net Magic Solution

  • Oracle

  • rack space

  • server space

  • Spectrum Enterprise

  • Sangard

For more information on this report, please visit https://www.researchandmarkets.com/r/lpmsv4

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