What is Data Processing & Hosting Services Market Scope?
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 | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | 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) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Data Processing & Hosting Services market study is being classified 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]), by Application (Large Enterprise and Small & Medium Enterprise (SME)) and major geographies with country level break-up. According to AMA, the Global Data Processing & Hosting Services market is expected to see growth rate of 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. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Data Processing & Hosting Services market throughout the predicted period.
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 profiled in the study. Additionally, the Players which are also part of the research 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 Analysis
Analyst at AMA have segmented the market study of Global Data Processing & Hosting Services market by Type, Application 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 2021. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Influencers and their 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.
November 2020 - GoDaddy Inc., GoDaddy Corporate Domains, a domain management solution for large businesses, has been launched by GoDaddy, the world's largest domain name registrar. The rollout follows GoDaddy's February 2020 acquisition of Brandsight. It offers a comprehensive set of services, such as domain name strategy formulation and portfolio rightsizing and May 2020 - IBM has announced an improvement to its current offering. IBM Product Master, formerly known as IBM InfoSphere Master Data Management Collaborative Edition, is a product information management (PIM) and master data management (MDM) solution. cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval cheval The persona user interface has been improved in IBM Product Master Collaborative Edition V12.0: Support for secondary specifications as well as the option to hide empty collaboration areas and steps.
Influencing Market Trend
- Demand for Data Processing Outsourcing Services is Growing
- COVID-19 Subscription-based Pricing Option to Boost Public Cloud Demand
- Rapid Adoption of Online Platforms
Market Drivers
- Cloud Computing's Growing Adoption to Achieve Scale Economies
- The Increasing Demand for Streaming Video or Music, as well as Shared Hosting's High Accessibility
Opportunities
- Growing Number of Small as well as Medium Businesses
- High Adoption of Online Gaming
Restraints
- Absence of Flexibility and Scalability in terms of Hosting Infrastructure
- The Concern related to the Security
Challenges
- Computer processing is less flexible than manual processing because computer methods are difficult to alter to meet changing company needs.
Key Target Audience
Data Processing & Hosting Services Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organizations and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the Data Processing & Hosting Services market expands?
The Global Data Processing & Hosting Services market is expected to see a growth of 4.1% during projected year 2021 to 2027.
2. Who are the prominent players of the Global Data Processing & Hosting Services market?
The prominent players of Global Data Processing & Hosting Services market are 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), to view complete player list click here
3. What are the top priorities to focus for Data Processing & Hosting Services markets growth?
In this highly competitive & fast evolving Data Processing & Hosting Services industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.