Web Hosting Service Market
The global web hosting services market size was valued at USD 56.7 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 15.5% from 2020 to 2028. Web hosting services can be categorized into various types such as shared, colocation, dedicated, and Virtual Private Server (VPS). The service allows enterprises and individuals to leverage a website over the internet to publish their business-related as well as personalized content. A growing number of organizations across the globe are anticipated to bolster the market growth over the forecast period. These organizations publish their websites over the internet to increase their online presence as well as for marketing purposes.
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