The Europe Web Hosting Services Market would witness market growth of 14.9% CAGR during the forecast period (2023-2030).
Due to the businesses' expanding operations, the market is growing swiftly. The firm’s websites start receiving more traffic as the business expands. If the company uses a shared server, it becomes challenging to manage the additional traffic. To accommodate the growing traffic demand, the sector needs to shift to a different type of hosting, such as dedicated or colocation. However, the organization can also choose any other hosting solution that it determines is appropriate for the company and its workloads.
Moving to cloud-based solutions or services results from the limited funding alternatives combined with the expanding safety & security demands of both large & small businesses. The benefits of cloud hosting, such as the lower infrastructure cost & higher uptime, have led to increasing demand for usage. Additionally, three different types of cloud hosting services are provided by website hosting companies: public cloud, private cloud, and hybrid cloud. These cloud computing options have different advantages, but end users increasingly choose hybrid cloud services.
The European Commission released Europe's Digital Decade: digital targets for 2030, a policy program that will direct the region's digital transformation and include specific targets and objectives. With this, Europe wishes to empower businesses and individuals towards a digital future which is human-centered, more sustainable as well as more wealthy. The European Commission will accelerate and support establishing multi-country projects—vast undertakings that every Member State could undertake independently—to achieve the digital targets and objectives. To anticipate, identify, and respond to cyberattacks at the national and European levels, the EU might set up a network of AI-powered Security Operations Centers.
Additionally, the Horizon Europe work program for 2023–24 will include more than €4.5 billion in order to achieve the European Union's ambitions for digital transformation. This investment will assist the EU in advancing fundamental digital technologies and promote their use in daily life. To increase EU resilience in 2023, the work program will safeguard crucial infrastructures against online and offline attacks. Due to the growing digital transformation across Europe, the market is predicted to expand.
The Germany market dominated the Europe Web Hosting Services Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $15,950.5 million by 2030. The UK market is registering a CAGR of 14% during (2023 - 2030). Additionally, The France market would witness a CAGR of 15.8% during (2023 - 2030).
Based on Deployment Mode, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Application, the market is segmented into Public Website, Web Application, Mobile Application and Others. Based on End User, the market is segmented into Enterprise and Individual. Based on Type, the market is segmented into Shared Hosting, Dedicated Hosting, Collocated Hosting, Website Builders and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Web Hosting Services Market is Projected to reach USD 241.8 Billion by 2030, at a CAGR of 15.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IONOS Inc. (United Internet AG), Amazon Web Services, Inc. (Amazon.com, Inc.), AT&T, Inc., BLUEHOST INC. (Newfold Digital, Inc.), DREAMHOST INC., EASYHOST (team.blue), GoDaddy Inc., Google LLC (Alphabet Inc.), InMotion Hosting, Inc., and Liquid Web, LLC.
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