Global Data Processing and Hosting Services Industry to 2026 – COVID-19 Impact Assessment – ResearchAndMarkets.com
DUBLIN – (COMMERCIAL THREAD) – The report “Data Processing and Hosting Services Market – Growth, Trends, COVID-19 Impact and Forecast (2021 – 2026)” has been added to ResearchAndMarkets.com offer.
The data processing and hosting services market is expected to register a CAGR of over 3.58% during the forecast period (2021 – 2026).
Key market trends
Web hosting is gaining ground due to the emergence of a cloud-based platform
Web hosting services are gaining ground to meet the growing demand of customers who are suitable for the type of web hosting service selected. Shared hosting services are suitable for a low traffic website, but if the high traffic website, using dedicated servers is suitable for hosting services. Additionally, colocation hosting services are experiencing the highest demand due to its reasonable cost structure.
The emergence of the cloud has been monumental in modernizing data management and hosting services, as it is a cost-effective method for businesses to take advantage of modern technology and architecture, without the huge upfront costs of purchasing, installing and configuring hardware, software and infrastructure.
Additionally, large enterprises have been able to adapt very quickly to an evolving data-driven marketplace, using their existing resources and capabilities to manage it very effectively.
BFSI’s substantial presence in emerging regions of North America and Europe has resulted in increased penetration of digital services at a substantial rate, generating massive demand for the analysis of huge data generated by multiple data techniques. data processing, thus fueling the market demand during the forecast period.
While there are still data processing and hosting companies in the United States, the rise of Indian companies like Infosys and the propensity of American companies to outsource their work overseas is creating a more globalized industry. Data processing and hosting companies will have their sales and customer relationships in the United States while outsourcing most of the operation abroad at lower cost.
Asia-Pacific will be the fastest growing over the forecast period
The Asia-Pacific region has experienced strong growth for the studied market, due to the 50.7% of the global Internet population in the region. There is an increase in activity in terms of data center services in the region. In addition to international market vendors like IBM and Amazon moving to the region, some local giants like Huawei Investment & Holding Company are transforming the IT landscape.
Growing business demand is expected to propel cloud computing and other associated data services to the country. In addition, advancements in data center technology and its integration with other related services are the main growth factors for China.
According to the measure of data center space per user, the number of Internet data centers in China would grow to at least twenty-two times that of the United States, or at least ten times the current size of Japan. Along with the continued growth of games, online streaming, and e-commerce, the internet industry contributes to the most significant demand for the data center market in China. ??
Strong government support and substantial private sector investment are boosting the growth of the cloud computing industry. The South Korean government has deployed cloud computing technologies to improve its eGovernment services, leveraging the country’s ultra-fast internet connectivity and stable LTE availability. This is expected to positively contribute to the growth of the market during the forecast period. ?
In addition, the region is expected to hold a significant share during the forecast period. This is due to various factors, such as the rapid growth in the number of data centers in the region, complemented by government initiatives mandating the deployment of data centers in the region.
Main topics covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4.1 Market overview
4.2 Industry Attractiveness – Porter’s Five Forces Analysis
4.3 Technology overview
4.4 Assessment of the impact of COVID-19 on the industry
4.5 Market drivers
4.5.1 Growing adoption of cloud computing to achieve economies of scale
4.5.2 Growing Demand for Data Processing Services Outsourcing
4.6 Market restrictions
4.6.1 Lack of flexibility and scalability in terms of hosting infrastructure
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Company profiles (hosting)
6.1.1 GoDaddy Operating Company LLC.
6.1.2 Bluehost (Endurance International Group)
6.1.3 HostGator.com LLC
6.1.4 Hostinger International, Ltd.
6.1.5 Amazon Web Services Inc.
6.1.6 SiteGround Hosting Ltd.
6.1.7 A2 Hosting
6.1.8 DreamHost LLC.
6.2 Company profiles (data processing)
6.2.1 IBM Corporation
6.2.2 Teradata Company
6.2.3 Hewlett Packard Enterprise Development LP
6.2.4 SAP SE
6.2.5 Oracle Company
6.2.6 Alteryx Inc.
6.2.7 Cloudera Inc.
6.2.8 Salesforce.com Inc.
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information on this report, visit https://www.researchandmarkets.com/r/rdtzn4