Small and medium-sized enterprises (SMEs) are independent firms with fewer employees and play a major role in economic growth. Moreover, SMEs contribute 60% to 70% of employment in most of the countries. As larger firms are downsizing and outsourcing the function has resulted in an increase in revenue growth for the SMEs.
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Data Bridge Market Research analyses that the Europe Web Hosting Services Market is expected to grow at a CAGR of 18.9% in the forecast period of 2023 to 2030 and is expected to reach USD 99,934.99 million by 2030. The rising introduction of advanced technologies such as cloud and edge computing is becoming more relevant in web hosting, as they allow data to be processed closer to the end-user, reducing latency and enhancing the overall performance of web applications.
Key Findings of the Study
Rising Demand for Productivity of Organizations
Most professionals agree that no productivity is a major contributor to inflation. In services, however, especially ones where there is a lot of contact with the customer, such as in-house groups themselves cannot improve productivity. As services involve the customer in production, are labor intensive, and are time-bound, consumer behavior itself is critical.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Type (Virtual or Shared Hosting, Cloud Hosting, Dedicated Hosting, Co-Location Hosting, Free Hosting, and Others), Applications (Public Websites, Web Application, Mobile Application, Intranet Site, and Others), Deployment Mode (Public Cloud, Private Cloud, and Hybrid Cloud), End User (Enterprise and Individual)
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Countries Covered
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Germany, U.K., Russia, France, Italy, Spain, Netherlands, Turkey, Poland, Sweden, Denmark, Switzerland, Belgium, Norway, Finland, and rest of Europe.
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Market Players Covered
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Hostinger (Lithuanina), HostGator Web Hosting (U.S.), GreenGeeks (U.S.), SiteGround Hosting Ltd. (U.S.), A2 HOSTING (U.S.), InMotion Hosting, Inc. (U.S.), GoDaddy Operating Company, LLC. (U.S.), Namecheap, Inc. (U.S.), IONOS Inc. (Germany), Kinsta Inc. (U.S.), DigitalOcean, LLC. (U.S.), AT&T (U.S.), Google Cloud (U.S.), Amazon Web Services, Inc. (U.S.) among others
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Europe web hosting services market is segmented on the basis of type, deployment mode, application, and end-user.
- On the basis of type, the market is segmented into virtual or shared hosting cloud hosting, dedicated hosting, co-location hosting, free hosting, and others.
In 2023, the virtual or shared hosting segment is expected to dominate the market.
In 2023, the virtual or shared hosting segment is expected to dominate the market with a 36.27% market share as ease of use, cost-effectiveness, and suitability for small to medium-sized websites.
- On the basis of deployment, the market is segmented into public cloud, private cloud, and hybrid cloud
In 2023, the public cloud segment is expected to dominate the market.
In 2023, the public cloud segment is expected to dominate the market with a 49.70% market share, as it offers scalability and flexibility, allowing businesses to easily adjust resources as needed.
- On the basis of application, the market is segmented into public websites, web application, mobile application, intranet site, and others. In 2023, the public websites segment is expected to dominate the market with a 46.76% market share
- On the basis of end user, the market is segmented into enterprise and individual. In 2023, the enterprise segment is expected to dominate the market with a 92.84% market share
Major Players
Data Bridge Market Research recognizes the following companies as the major market players are Hostinger (Lithuanina), HostGator Web Hosting (U.S.), GreenGeeks (U.S.), SiteGround Hosting Ltd. (U.S.), A2 HOSTING (U.S.), among others.
Market Development
- In July 2023, SiteGround developed a new SiteGround Email Marketing tool. These new services will help the company in listening to customer’s feedback and constantly improve hosting services
- In May 2023, Hostinger announced the development of existing WordPress services with new version 0.71 and search feature version 1.0. This service development will help the company to offer better technology to the customers and even increase customer satisfaction
- In June 2021, STARTO AG announced that the company had increased its sales by 39% due to Corona. This has not only helped the company to increase its sales but will also continue in the future through its online shops in reaching out large number of customers
- In May 2023, GoDaddy Operating Company, LLC. entered into a partnership with Microsoft to assist small businesses in accepting payments during live Microsoft Teams meetings with their customers
- In January 2023, STARTO AG announced that the company had published a free e-book creating websites with HTML and CSS. This new development will help the company in designing websites that are operated with a content management system (CMS) such as WordPress
Regional Analysis
Geographically, the countries covered in the market report are Germany, U.K., Russia, France, Italy, Spain, Netherlands, Turkey, Poland, Sweden, Denmark, Switzerland, Belgium, Norway, Finland, and rest of Europe.
As per Data Bridge Market Research analysis:
Germany is the dominant region in the market during the forecast period 2023 - 2030.
Germany is expected to dominate and is estimated to be the fastest-growing the market due to its robust technological infrastructure with advanced data centers and high-speed internet connectivity. This infrastructure supports the reliable and efficient hosting of websites, making it an attractive location for hosting providers. Various major players in the Germany market operate in this region leading to various strategic plans.
For more detailed information about the web hosting services market report, click here – https://www.databridgemarketresearch.com/reports/europe-web-hosting-services-market
