Dublin, July 21, 2021 (GLOBE NEWSWIRE) -- The "Shared Hosting - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Shared Hosting Market to Reach $56.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Shared Hosting estimated at US$23.8 Billion in the year 2020, is projected to reach a revised size of US$56.7 Billion by 2027, growing at a CAGR of 13.2% over the analysis period 2020-2027.
Public Website, one of the segments analyzed in the report, is projected to record a 12.6% CAGR and reach US$30.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Intranet Website segment is readjusted to a revised 14.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.4 Billion, While China is Forecast to Grow at 17.2% CAGR
The Shared Hosting market in the U.S. is estimated at US$6.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$12.5 Billion by the year 2027 trailing a CAGR of 17.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.4% and 11.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.4% CAGR.
Mobile Application Segment to Record 13.2% CAGR
In the global Mobile Application segment, USA, Canada, Japan, China and Europe will drive the 12.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$3.4 Billion in the year 2020 will reach a projected size of US$7.7 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.5 Billion by the year 2027, while Latin America will expand at a 14.8% CAGR through the analysis period.
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS(Total 36 Featured)
1&1 Ionos, Inc.
Amazon Web Services
Endurance Technologies Ltd.
GoDaddy Operating Company LLC
Web.Com Group, Inc.
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
Total Companies Profiled: 36
For more information about this report visit https://www.researchandmarkets.com/r/x5vo
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