2020 Exclusive Report on Application
Hosting Market by Amazon Web
Services, IBM, Rackspace, Google, Liquid
Web, Microsoft, Sungard, DXC and more
"The global application hosting market was valued at USD XX Bn in 2018 and is
expected to reach USD XX Bn by 2026, growing at a CAGR of 11.8% during the
forecast period."
Application hosting, also known as online applications, Internet-based applications,
and Web applications, is a type of software-as-a-service hosting solution that allows
users to operate and execute a software application completely from the cloud on a
periodic subscription and to be retrieved by users globally through the internet. It
enables the virtualization of business applications. It is an easy-to-deploy hosted
application than any other conventional software, as it has minimal integration
requirements and requires no upfront installation. The availability of
comprehensive hosting solutions with an assortment of complementing services is
one of the major factors to drive the growth of the global application hosting
market.
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Apart from these, the benefits offered by application hosting solutions such as easy
maintenance, reduced administration, lesser costs due to pay-as-you-go module,
unified and easy upgrades in functionality, ease of assimilating hosted applications
with existing data and systems, and other related benefits are the major driving
factors for the market. Enterprises are heavily investing in securing the external
hosting infrastructure. Further, growing awareness about technological
advancements and increasing use of mobile application services are going to drive
the shift towards application hosting solutions during the forecast period.
However, concerns regarding privacy and security of applications, lack of control
over applications, limited bandwidth, and sluggish regional IT developments are
creating an infrastructural challenge for executing the hosting technology, which in
turn, is expected to impede the growth of the global application hosting market.
Key Findings:
•
Based on Deployment, the on-premise segment is expected to have the
highest market share during the forecast period.