About Application Hosting
Application hosting is defined as the software as a service solution which permits the users to execute as well as operate a software application completely from the cloud on a recurring subscription. Reduced cost and maximum uptime offered to an enterprise, fast-growing mobile-based application services, growing number of smartphones across the globe, the emerging use of mobile application services and escalating awareness, among others are some of the major drivers which are propelling the growth of the market. The market for application hosting is anticipated to register a CAGR of over 12.6% during the forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global application hosting market can witness an upsurge in the forecast period Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Application Hosting market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
AWS (United States), International Business Machines Corporation (United States), Rackspace (United States), Google (United States), Liquid Web (United States), Microsoft (United States), Sungard AS (United States), DXC Technology (United States), Apprenda Inc. (United States) and Navisite (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Application Hosting market by , Application (Web-Based Applications and Mobile-Based Applications) and Region.
On the basis of geography, the market of Application Hosting has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vertical, the sub-segment i.e. Media and entertainment will boost the Application Hosting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organization Size, the sub-segment i.e. Small and Medium-sized Enterprises (SMEs) will boost the Application Hosting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Hosting Type, the sub-segment i.e. Cloud hosting will boost the Application Hosting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Type, the sub-segment i.e. Application Monitoring will boost the Application Hosting market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement of the Application Hosting
Market Growth Drivers:
Software-Centered Competitive Advantage Approach is Gaining Industry Agnostic Acceptance, Application Hosting Facilitates Focus on Core Business Processes by Providing Business-Specific IT Solutions and Comprehensive Hosting Solutions with an Array of Complementing Services over the Core Offering
Challenges:
Vendor Lock-In for Cloud Hosting, Reducing the Flexibility Desired By Organizations
Restraints:
Security and Privacy Concerns Acting as an Inhibitor to Organizational Change, Regional IT Development Posing an Infrastructural Challenge for Implementing the Hosting Technology and Local Regulations Acting as a Barrier to Entry into the Market Ecosystem
Opportunities:
Steady Expansion of Cloud Computing Creating New Growth Areas, Augmenting the Offerings and Micro-Differentiating the Vendors, Managed Services Gaining Ground over Traditional Approaches of Application Hosting and Innovative Service Delivery Positioning to Edge over Rivals in a Fiercely Competitive Market
Market Leaders and their expansionary development strategies
In February 2024, Summit, one of the largest providers of virtual servers and cloud-based application hosting in the U.S. and Canada, has acquired Deft, a comprehensive provider of data center and managed cloud services.The acquisition brings together two high-growth, innovative companies that are providing award-winning colocation, cloud, and network services.
In February 2019, the SWK Technologies, Inc. (United States) Company has acquired Information Systems Management (United States), which provides cloud application hosting service. Therefore, this acquisition will help in strengthening the position of the company in the United States.
Key Target Audience
Application hosting service providers, Information Technology (IT) service providers, Mobile application consumers, Application and software developers, Cloud service providers, Consultants/consultancies/advisory firms and Training and education service providers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.