People frequently debate whether the hosting market is saturated, oversaturated, polyunsaturated, or some other form of full. I think everyone agrees that it’s not like the 1990s where if you could spell HTML you could sell hosting to a line of people seeking to Surf the Information Superhighway. But is there still opportunity for a hosting company to grow?
According to Fortune Business Insights, who released a report recently entitle “Web Hosting Services Market, 2021-2028” the answer is an unqualified yes.
The market is expected to grow to $267.1 billion, at a compounded annual growth rate of 18% over the next 7 years given its present $75 billion size.
The report lists the following growth drivers:
- Emergence of Hosting Services for Startups to Boost the Market
- Incorporation of AI in Web Hosting Services to Open New Vistas for Market Growth
- Agreements between Social Media Giants & Web Service Companies to Intensify Competition.
Well…that’s just how consultants talk. You can get a copy of the report here.
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I also enjoy using LEBs! I have an empire of little guys for VPNs, larger guys for apps, and big guys for databases and storage. When I'm not in front a screen I'm into German Shepherd dogs, quality knives, target shooting, theology, tabletop roleplaying games, and forest hiking.
I enjoy writing technical articles here on LowEndBox to help people get more out of their systems. You can find me on LowEndTalk @raindog308
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Bro this report is $4850.