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Tuesday, November 7, 2023
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Tuesday, November 7, 2023
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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…
Vancouver, Oct. 31, 2023 (GLOBE NEWSWIRE) — The global web hosting services market is experiencing remarkable growth, with a 21.3% revenue Compound Annual Growth Rate (CAGR) expected during the forecast period. In 2022, the market reached a substantial value of USD 86.00 billion. Several key factors are driving this remarkable expansion, including the increasing number of Small and Medium-sized Enterprises (SMEs), technological advancements, heightened focus on security, and a growing trend toward green hosting.
SMEs Drive Growth
The increasing number of SMEs is a major driving force behind the market’s success. SMEs prioritize their online presence, and web hosting companies are increasingly catering to their needs. India, with its 50 million MSMEs, stands as one of the world’s…
Vancouver, Oct. 31, 2023 (GLOBE NEWSWIRE) — The global web hosting services market is experiencing remarkable growth, with a 21.3% revenue Compound Annual Growth Rate (CAGR) expected during the forecast period. In 2022, the market reached a substantial value of USD 86.00 billion. Several key factors are driving this remarkable expansion, including the increasing number of Small and Medium-sized Enterprises (SMEs), technological advancements, heightened focus on security, and a growing trend toward green hosting.
SMEs Drive Growth
The increasing number of SMEs is a major driving force behind the market’s success. SMEs prioritize their online presence, and web hosting companies are increasingly catering to their needs. India, with its 50 million MSMEs, stands as one of the world’s…