About Data Processing & Hosting Services
Cloud computing and storage services are other terms for data processing and hosting services. Application hosting or streaming services, web hosting, generic time-share mainframe facilities, or application service provisioning are all available through data processing and hosting services. They also provide customized reports based on information provided by customers. Individuals and organizations can use web hosting to publish a web page or website on the internet. The use of big data analytics has raised the stakes for successful data preparation from a variety of sources using a variety of data analysis approaches, resulting in a significant return on investment by cleaning, merging, and transforming unstructured data. While artificial intelligence (AI) has made big data more familiar, applications like the internet of things (IoT) are taking it to the next level. Data processing and storage services are in higher demand as the need to analyze massive datasets to produce insights and increase internet traffic grows.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 4.1% |
The market for data processing and hosting services is competitive, with only a few big companies. Some players now dominate the market in terms of market share. New players are boosting their market presence and expanding their commercial footprint throughout emerging nations, thanks to advancements in hosting solutions across professional services. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Data Processing & Hosting Services 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.
Hewlett Packard Enterprise Development LP (United States), IBM Corporation (United States), Cisco Systems Inc. (United States), Google Inc. (United States), GoDaddy Operating Company LLC. (United States), Bluehost (Endurance International Group) (United States), HostGator.com LLC (United States), Hostinger International, Ltd. (Lithuania), Amazon Web Services Inc. (United States), SiteGround Hosting Ltd. (Bulgaria), A2Hosting (United States), DreamHost LLC.(United States) and GreenGeeks.com (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Teradata Corporation(United States), SAP SE (Germany), Oracle Corporation (United States), Alteryx Inc. (United States), Cloudera Inc.(United States) and Salesforce.com Inc.(United States).
Segmentation Overview
AMA Research has segmented the market of Global Data Processing & Hosting Services market by Type (Data Processing Services [Data Entry Services, Data Mining Services, Data Cleansing and Formatting, Data Scanning and Indexing] and Hosting Services [Web Hosting, Cloud Hosting, Shared (Reseller) Hosting, Virtual Private Server (VPS) Hosting, WordPress Hosting, Application Hosting]), Application (Large Enterprise and Small & Medium Enterprise (SME)) and Region.
On the basis of geography, the market of Data Processing & Hosting Services 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). North America region held largest market share in the year 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Deployment, the sub-segment i.e. On-Premise will boost the Data Processing & Hosting Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Data Processing Outsourcing Services is Growing, COVID-19 Subscription-based Pricing Option to Boost Public Cloud Demand and Rapid Adoption of Online Platforms
Market Growth Drivers:
Cloud Computing's Growing Adoption to Achieve Scale Economies and The Increasing Demand for Streaming Video or Music, as well as Shared Hosting's High Accessibility
Challenges:
Computer processing is less flexible than manual processing because computer methods are difficult to alter to meet changing company needs.
Restraints:
Absence of Flexibility and Scalability in terms of Hosting Infrastructure and The Concern related to the Security
Opportunities:
Growing Number of Small as well as Medium Businesses and High Adoption of Online Gaming
Market Leaders and their expansionary development strategies
On 22nd June 2021, At HPE Discover, Hewlett Packard Enterprise announced that it is extending its hybrid cloud leadership with a comprehensive set of innovations to the HPE GreenLake edge to cloud platform, the industry's most robust and proven platform for cloud services in the data center, colocation center, and at the edge.
In June 2023 , Hewlett Packard Enterprise (NYSE: HPE) today announced the preview of a new sustainability dashboard on the HPE GreenLake edge-to-cloud platform and a comprehensive portfolio of sustainability services.
Key Target Audience
Data Processing & Hosting Services Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others
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.