Procurement Outlook
Web hosting services provide shared or dedicated hosting of one or more services for their customers. It is majorly used for hosting websites, company email, files, games, and other content. Following are the most common types of web hosting services:
Shared web hosting: In this system, several websites are kept on the same server.
Reseller web hosting: This service package includes a shared hosting account with extra tools to resell hosting space.
Cloud-based web hosting: It refers to a technology that lets many individual servers work together in one giant server.
Virtual private server: This type of server share one physical server but act like multiple, separate servers. It is a link between shared hosting and getting an in-house dedicated machine.
Dedicated web server: Dedicated server gives owners exclusive rental rights over a web server.
Colocation web hosting: In this hosting, owners are responsible for their server software, data storage, backup procedures, etc. Owners are solely responsible to replace the hardware in case of any malfunction.
Self-service web hosting: In this type of hosting, owners need to buy the servers, install and configure the software.
Web hosting services enable companies to subcontract one or more web-based core functions to a hosting provider. Hence, the procurement need for web hosting services is becoming very important.
Demand Outlook
The global web hosting services market is valued at USD 65.5 billion in 2020 and it is expected to grow at a CAGR of 15.5% from 2020 to 2025 due to growth in the business activities of the organizations and the subsequent need of handling web traffic. North America dominated the market with a revenue share of 35.28% in 2020 followed by Europe and APAC. The shared hosting segment is the largest web hosting service segment due to the high adoption rate among the small and medium enterprises.
Grab your copy, or request for a free sample of the “Web Hosting Services Market Procurement Intelligence Report, published by Grand View Research” for In-depth details regarding supplier ranking and selection, sourcing, and pricing criteria & strategies.
Cost Drivers
Software development cost that includes the salary of multiple developers, UI/UX designers, etc., are the major cost component in web hosting service development. Many suppliers preferred to outsource the development activity to low-cost destinations like India.
Brief about Pipeline by Grand View Research:
A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain which helps in efficient procurement decisions.
Our services include (not limited to):
Browse through Grand View Research’s collection of procurement intelligence studies:
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1888202951Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United StatesCity: San FranciscoState: CaliforniaCountry: United StatesWebsite: www.grandviewresearch.com/pipeline/web-hosting-services-market-procurement-intelligence-report