Hosting Infrastructure Services Market to Reach $32.5 Billion by 2031: Allied Market Research – Yahoo Finance

Hosting Infrastructure Services Market to Reach $32.5 Billion by 2031: Allied Market Research – Yahoo Finance

Surge in demand for low-cost IT infrastructure, rise in need of faster data accessibility and reliability, increase in the number of small & medium businesses in various countries across the globe, and rapid growth of cloud technology are expected to drive the growth of the global hosting infrastructure services market. Increase in the number of smartphone users, surge in internet penetration, and growth of the e-commerce sector during the pandemic had a positive impact on the market.
Portland, OR , Oct. 31, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global hosting infrastructure services market generated $14.5 billion in 2021, and is projected to reach $32.5 billion by 2031, growing at a CAGR of 8.4% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
Download Free Sample Report (345 Pages PDF with Insights, Charts, Tables, Figures):
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Report coverage & details:
Report Coverage
Details
Forecast Period
2022­–2031
Base Year
2021
Market Size in 2021
$14.5 billion
Market Size in 2031
$32.5 billion
CAGR
8.4%
No. of Pages in Report
210
Segments Covered
Offering, deployment mode, end-user, and region.
Drivers
Increase in the standard of living
Surge in demand for low-cost IT infrastructure
Opportunities
Rise in need of faster data accessibility and reliability
Rapid growth of cloud technology
Restrains
Security concerns over private cloud deployment
COVID-19 Scenario:
The outbreak of COVID-19 pandemic had a positive impact on the growth of the global hosting infrastructure services market, owing to the occurrence of lockdowns in various countries across the globe.
Lockdowns resulted in increased use of smartphone, particularly among the millennials, which boosted the growth of the market.
In addition, immaculate rise in internet penetration and rapid inclination towards work from home mode among people further increased the growth of the market.
Besides that, growing adoption of connected devices, and surging e-commerce sector provided lucrative opportunities for the growth of the hosting infrastructure services market.
Thus, the market is further expected to grow exponentially in the coming years.
The report offers detailed segmentation of the global hosting infrastructure services market based on offering, deployment mode, end-user, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
Based on offering, the solution segment held the largest market share in 2021, holding nearly four-fifths of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 8.8% during the forecast period. The report also analyses others segments such as the services segment.
Based on end-user, the telecom segment held the dominating market share in 2021, holding nearly one-third of the global market, and is expected to maintain its leadership status during the forecast period. The manufacturing segment, on the other hand, is expected to cite the fastest CAGR of 11.4% during the forecast period.
Based on deployment mode, the cloud segment held the lion’ share in 2021, holding nearly two-thirds of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 9.4% during the forecast period. The report also analyses others segments such as the on-premise segment.
Based on region, the market across North America held the dominating market share in 2021, holding nearly two-fifths of the global market, and is expected to maintain its leadership status during the forecast period. The Asia-Pacific region, on the other hand, is expected to cite the fastest CAGR of 9.7% during the forecast period. The report also analyses other regions of the market such as the LAMEA region and Europe.
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The key players analyzed in the global hosting infrastructure services market report include AT&T Inc., International Business Machines Corporation, Microsoft Corporation, HPE, Google, NetApp, Inc., Equinix Inc., GoDaddy Operating Company, LLC, CoreSite, Rackspace Inc.
The report analyzes these key players in the global hosting infrastructure services. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.
Buy this Report at: https://www.alliedmarketresearch.com/checkout-final/c563af2ec5ab7203ece7c875a89c7b2e
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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