The global application hosting market size is projected to grow from USD 66.9 billion in 2022 to USD 121.7 billion by 2030, at a CAGR of 12.9%. As of 2023, the application hosting market has become increasingly competitive with the rapid adoption of cloud computing and digital transformation. Companies are looking for reliable, secure, and scalable hosting solutions to meet their growing needs. In this research, we will highlight some of the top performers in the application hosting market for 2023.
The expansion of application hosting usage across various industries is a lucrative opportunity. The availability of application hosting solutions provides seamless connectivity to hosted apps that integrate with existing data, facilitate effortless feature updates, and enable module-based billing. The market is poised for growth, with a surge in demand for these services globally due to their ease of installation.
The COVID-19 pandemic has played a significant role in the market’s growth. The need for reliable broadband connections skyrocketed as more businesses pivoted to remote work. Advanced technologies such as telemedicine, robots, augmented reality, and virtual reality has been adopted across multiple industries, further driving market expansion. Furthermore, companies turned to e-commerce and developed virtual purchasing experiences, expanding their presence and benefiting the application hosting sector.
In this research, we will highlight some of the top performers in the application hosting market for 2023.
Amazon Web Services (AWS)
Amazon Web Services provides information technology infrastructure services to businesses in the form of web services.
IBM
IBM IT Services and IT Consulting technology and infrastructure, software and consulting.
Google is a multinational corporation that specializes in Internet-related services and products.
Rackspace
Rackspace provides hybrid cloud-based services that enable businesses to run their workload in a public or private cloud.
Microsoft
Microsoft is a software corporation that develops, manufactures, licenses, supports, and sells a range of software products and services.
Liquid Web
Liquid Web is a provider of web hosting and managed cloud services.
BoltFlare
BoltFlare is your catalyst for delivering breakthrough digital experiences on WordPress that drive your business forward faster.
Apprenda
Apprenda is a developer of a cloud-based enterprise platform used to power the next generation of enterprise software development.
Navisite
Navisite is a managed cloud service provider and renders database services, data analytics, compliance and platform services.
Spectrum Enterprise
Spectrum Enterprise, a part of Charter Communications, is a national provider of scalable, fiber-based technology solutions.
Capgemini
Capgemini provides consulting, technology, and digital transformation services.
Digital Ocean
DigitalOcean provides a cloud platform to deploy, manage, and scale applications of any size.
Oracle
Oracle is an integrated cloud application and platform services that sells a range of enterprise information technology solutions.
NEC Corporation
NEC Corporation integrates IT and network technologies that benefit businesses and people around the world.
Netmagic Solutions
Netmagic Solutions is a managed IT hosting services provider facilitating the lifecycle of datacenter infrastructure for businesses.
GreenGeeks
GreenGeeks is a web hosting service designed to match up with platforms such as wordpress.