Application Hosting Market to Surpass USD 178.1 Billion by 2030 on Account of Rising Demand for Mobile Applications and Cloud Computing Advancements
Based on SNS Insider’s research, the application hosting market continues to thrive, driven by technological innovations, security concerns, and the evolving needs of businesses and consumers.
Pune, Oct. 31, 2023 (GLOBE NEWSWIRE) —
“The SNS Insider report states that the Application Hosting Market was valued at USD 67.0 billion in 2022 and is projected to reach USD 178.1 billion by 2030, with a compound annual growth rate (CAGR) of 13% anticipated during the forecast period from 2023 to 2030.”
Market Overview
Application hosting is the practice of deploying and operating software applications on remote servers, making them accessible to users over the internet. Instead of installing and running applications locally on individual devices, users can access these…
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