
There are a number of significant security concerns associated with allowing access to a third party, and the number of hazards increases when more third parties are granted access. Putting your trust in vendors and other business partners to behave responsibly and restrict access to the data they have been given is a surefire way to get into trouble. Any employee of these outside parties might potentially gain access to the systems since there is no way to control who is signing in. With spear phishing efforts, cybercriminals could gain the passwords to the clients' systems from their vendors. Unauthorized and illicit access could potentially compromise both the suppliers' and their customers' sensitive data.
Another issue is that hackers could potentially gain access to the system through hacked third-party networks. One way to overcome this problem is to use a web app that is specifically made to handle data requests from third parties. The application would be hosted by an external service that is equipped to handle this security risk. Hosting apps necessitates a substantial financial outlay for the creation of the storage, network, and security infrastructure required to support applications. A company's investment choice to develop data centers in any country is heavily influenced by the local resource pool. As an example, the United States remains the technologically favored paradise for application hosting firms. Many hosting companies are located in developed economies since these areas have lower costs for IT infrastructure raw material purchases, network infrastructure developments, and IT support.
Data centers are often located in countries with well-developed information technology marketplaces. Such nations have a lower setup cost compared to other developing nations. Application hosting companies cannot afford the ecosystem's high infrastructure and network costs and the shortage of trained staff. Companies typically establish in-house data centers in countries like Saudi Arabia and the UAE since managed services are not readily available.
The increased use of application hosting services worldwide is a direct result of the proliferation of software-as-a-service (SaaS) models and software-centric strategies adopted by IT companies in pursuit of competitive advantage. Hosting services and solutions are being used at a significant rate due to the diverse and agnostic adoption of technological development in corporate processes. Because of its many advantages, including rapid deployment, minimal administration, and easy maintenance, this component is predicted to contribute significantly to the worldwide application hosting market's revenue growth. Another key component driving the expansion of the worldwide industry is the abundance of hosting solutions offering a wide range of comprehensive solutions and services. One infrastructure hurdle to using hosting technologies in emerging nations is the sluggish IT growth in these areas. While cloud hosting vendor lock-in further limits companies' desired flexibility, which is projected to slow down the growth of the worldwide application hosting industry.
The already substantial security risks of granting access to a third party to one's system are amplified when access is extended to multiple third parties at once. Trusting vendors and other business associates to behave responsibly and restrict access to the data provided to them is fraught with danger. Any employee of these outside firms might potentially have access to the systems since there is no mechanism to control who can use them. Cybercriminals may try to gain the login passwords for clients' vendors through spear-phishing activities. Unauthorized and unauthorized access is now possible to providers' sensitive customer data.
The fact that hackers will have a backdoor into the system if any of these third parties' networks have been penetrated is another concern. One solution to this problem is to enable third parties to access the data they require through a dedicated web application. An independent provider in a foreign country with the expertise to fix this security hole would host the app. The market's CAGR is driven by this aspect.
Report Coverage
Global Application Hosting research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Application Hosting report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Application Hosting competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Application Hosting market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Liquid Web, LLC, Microsoft Corporation, Sungard Availability Services, Navisite, Google LLC, DXC Technology, Amazon Web Service, Inc., Atos SE, IBM Corporation, Rackspace Technology, Inc. |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Application Hosting Market from 2021 to 2031.
- Market Forecast for Application Hosting Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Application Hosting competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Application Hosting
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Application Hosting market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Application Hosting market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Liquid Web, LLC, Microsoft Corporation, Sungard Availability Services, Navisite, Google LLC, DXC Technology, Amazon Web Service, Inc., Atos SE, IBM Corporation, Rackspace Technology, Inc.
Primary Target Market
- Market Players of Application Hosting
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Application Hosting market based on the below-mentioned segments:
Global Application Hosting Market, By Type
Managed
Cloud
Colocation
Global Application Hosting market, By Application
Database Administration
Backup & Recovery
Application Security
Global Application Hosting Market, By Services
Database Administration
Backup & Recovery
Application Security
Global Application Hosting market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
You will get in-depth and extensive application hosting market market research and competitor analysis for your business to help you develop more profound insights into the application hosting market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the application hosting market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.
