A hosting infrastructure services provides a combination of IT solutions such as web development, web hosting and email, infrastructure, and application, over the internet.
Hosting infrastructure services combines the offerings of Internet service providers (ISP) and application service providers (ASP). Hosting infrastructure services market help organizations to reduce operational cost that they incur to set up enterprise infrastructure.
The development of advance technologies such as machine learning, artificial intelligence (AI) and migration to cloud services contributes to the growth of the hosting infrastructure services market.
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Key drivers of hosting infrastructure services Market
Enterprises are adopting cloud-based services as it provides on-demand access to a wide range of services and applications, besides offering agility and self-service at a lower cost.
Cloud service providers are also providing various other services such as disaster recovery, high performance computing, and virtual private data center in the IaaS model.
Enterprises are adopting IaaS as it helps to deal with workload in a cost-efficient and faster manner without managing and supporting underlying infrastructure.
Thus, the high adoption of IaaS among enterprises is accelerating the growth of the hosting infrastructure services market.
Enterprise concerns regarding data security and privacy hinders the market
Hosting infrastructure services are offered by external service providers. In hosting infrastructure services, important and confidential data/information of enterprises is stored in the infrastructure provided by the external service provider.
Any data breach or leakage of confidential data/information can cause much damage to the brand image of the end-user. It can also lead to legal action and financial issues.
Thus, concerns about data security and privacy hinder the growth of the hosting infrastructure services market.
North America to hold major share of global hosting infrastructure services market
North America holds a prominent share of the hosting infrastructure services market. Rising focus on data center consolidation fuels the demand for hosting infrastructure services market in North America.
In North America, most enterprises are adopting cloud-based services, which in turn drives the demand for secure server, thereby boosting the hosting infrastructure services market
On the other hand, the hosting infrastructure services market in Asia Pacific is projected to expand at a prominent CAGR during the forecast period. In developing countries, such as China and India, increasing penetration of internet service and the high rate of adoption of smartphones boost the demand for hosting infrastructure services in the region.
Global hosting infrastructure services market - Competitive Landscape
In 2018, NexusTek, a provider of IT services which includes help desk, cyber security services, IT consulting, cloud services, VoIP,server monitoring, and Microsoft Dynamics acquired the business unit of Zumasys which offered cloud hosting, infrastructure, and managed services.
In 2017, RapidScale, a managed cloud services provider signed an agreement to acquire Vonage’s hosted infrastructure services business. As per the terms of the agreement, RapidScale acquired the employees of Vonage’s hosted infrastructure business unit and services.
IBM Corporation
IBM Corporation is a multinational company, manufacturing and marketing computer hardware, middleware, and software, besides providing hosting and IT consulting services. IBM Corporation operates under five business segments which include banking and finance; government; healthcare; gaming, media & entertainment; and retail and telecommunications. In the hosting infrastructure services market, the company offers various solutions such as cloud hosting, infrastructure management, colocation hosting services, utility hosting services, remote infrastructure management, and web hosting for small or midsized businesses.
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Amazon Web Services (AWS), Inc.
Amazon Web Services (AWS), Inc. is a subsidiary of Amazon providing cloud computing platforms to enterprises. AWS offers around 165 fully featured services to data centers globally. AWS has a wide geographic footprint with 69 availability zones within 22 regions around the world. AWS offers various solutions such as application hosting, web hosting, backup and storage, and content delivery.
Microsoft Corporation
Microsoft Corporation manufactures, licenses, develops, sells, and supports software products. Microsoft Corporation created Microsoft Azure which is a cloud computing platform to deliver Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). Microsoft Azure is available in 54 regions globally.
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Oracle Corporation
Oracle Corporation is a U.S.-based information technology company. It provides applications, platforms, and IT infrastructure products and services. The company operates through three business segments: Cloud and Licensing, Hardware, and Services. The company’s cloud and licensing business segment offers Oracle Cloud Services, cloud & on- premise licenses, and license support offerings. The hardware business segment offers engineered systems, servers, storage products, and industry-specific hardware offerings. The service business segment offers consulting services, advanced customer support services, and education services.
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