The global hosting infrastructure services market is estimated to reach a value of US$ 12 billion in 2019, up from US$ 11 billion in 2018, according to a recently published report by Future Market Insights (FMI). Gains remain underpinned by a range of factors, including continuous advancements in cloud services and migration to hybrid IT environments.
Operational efficiency along with low cost and enhanced security are identified as key factors behind the spike in adoption of hosting infrastructure services. Furthermore, robust developments in small and midsize businesses (SMBs) are being captured by market vendors as dynamic opportunities to gain higher traction, opines the FMI report.
The emergence of highly advanced technologies such as machine learning (mL) and artificial intelligence (AI) has led to tectonic shifts in end-user preferences as well as services offered. End-users’ preference for a holistic, multi-pronged approach is influencing vendors to merge traditional hosting infrastructure with modern public- and private- cloud technologies.
A number of companies operating in the BFSI industry are embracing hybrid cloud models through which critical applications and processes are migrated to private cloud with advanced security attributes, while other applications are transferred to public cloud for agility and cost efficiency. These factors are likely to increase the appeal for businesses and enterprises to leverage hosting infrastructure service providers.
Download Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2690
Big Gains in Managed Hosting and Colocation Services
Managed hosting and colocation services continue to witness greater adoption; collectively, these account for 2/5threvenue shares. As businesses make it a point to focus on their core competencies, rather than worrying about managing IT infrastructure, average spending is likely to witness a steady increase. According to the study, adoption is likely to remain strong in storage, data security, and cloud computing categories. The adoption of managed hosting and colocation services on the basis of ‘pay-per-use’ model has thus enabled the critical exchange and crossroads of entire IT environment.
It is also imperative to note that virtual private server-based services or VPS hosting servicesare growing in prominence. Providing enhanced control over servers and enabling agile deployment of virtualized workloads at low infrastructure cost, spending on VPS services is likely to witness an uptick over the course of the forecast period.
While industry-wide adoption of Software as a Service (SaaS) continues to influence growth strategies, stakeholders are focusing on boosting the visibility of other services such as Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). As enterprises are increasingly incorporating IaaS in their hybrid IT environments, hosting infrastructure service providers are implementing latest tools and technologies to improve operational efficiency at competitive offering. According to the FMI report, hosting infrastructure revenues through the adoption of IaaS is estimated to register a year-over-year (Y-o-Y) growth of 8% in 2019 through 2018.
Download Table of Contents@ https://www.futuremarketinsights.com/reports/hosting-infrastructure-service-market#report-toc
According to the report, vendors are focusing on offering novel services and highly standardized products through technological innovations. Small players are flourishing through the presence of data center in respective countries and specific offerings for local customers.
FMI’s research study offers a long-term perspective and extensive analysis into opportunities prevailing in the hosting infrastructure service market for the period between 2019 and 2029. According to the study, the global hosting infrastructure services market is estimated to record a CAGR of ~8% during the forecast period.
Featured businesses list is created by admin on as per the request of business owners when adding their business and must add all information like logo, social link and description
FastPayee - A Fin Tech Web application to handle Invoices and Receivables for business owners and startups.
Globalie unites business leaders across all major industries into a collaborative economic model that unlocks value.
Master Strokes Private Limited., is a leading Creative & Newspaper Advertising Agency well experienced and equipped to serve you with the Creative...
In India every person have problem of love marriage and some parent are not agree for love marriage, so if you want to solve your problem consult...
Best Love Vashikaran Specialist Astrologer Love vashikaran specialist astrologer Pandit Anshu ji has 15 years expertise in astrology. From all...
Skype is a telecommunications software which specializes in providing video calls and voice calls between different electronic devices like...
factoHR is an HRMS and payroll engine for business in India, with benefits of administration, leave and attendance tracking, and native mobile...
web design services