As of October 2020, a whopping 4.66 billion people — around 60 percent of the world’s population — were online. Internet users are expected to reach 6 billion, or 75 percent of the projected global population, as early as 2022.
That’s good news for web hosting providers. As more people go online, an ever-growing number of entrepreneurs will be looking to build websites and other apps for their businesses. As a result, the demand for hosting services, servers, and domains will only increase.
The figures speak for themselves. Industry analysts predict that the global web hosting market will exceed $216 billion by 2025. That would represent an impressive 15 percent growth rate from 2018. Back then, the market size was a “mere” $90.6 billion.
All that means one thing. Whether you…
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