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Almost more than half of the total world’s population were using the internet by any means and this number is increasing gradually its good news for hosting and domain provider companies as more people on the internet means more business there. So as a result demand for hosting and domain provider companies are increased drastically. so, the web hosting services market is expanding.
According to the global market, research reports the web hosting services market grew to millions of USD in 2020 and continues to grow in millions up to 2026. Because of the pandemic, more and more people are trying to start their business online which indirectly increases the demand for hosting and domain companies. There are many hosting and domain providers, customer has to choose best suitable who provide authentic services
Where it begins
Web hosting came to public attention for the first time in 1994 when Geocities launched it. Geocities is a web hosting services providing company in South California founded by David Bohnett and John Rezner is known as Beverly Hills Internet (BHI). It becomes one of the topmost companies and then finally in 1999, the platform was bought by Yahoo
16 million users approx 0.4% of the total world’s population are engaged in web hosting. AIT (Advanced Internet technologies) is also founded known for being the first to develop and offer VPS (Virtual Private Servers)
147 million users approx 3.6% of the total world’s population are engaged in web hosting. Akamai Technologies, Inc. is also founded known for one of the first and largest content delivery network (CDN) providers in the world.
361 million users approx 5.8% of the total world’s population are engaged in web hosting. Namecheap is also founded and becomes known as one of the best domain registrars and web hosting companies.
719 million users approx 11.1% of the total world’s population are engaged in web hosting. WordPress is launched.
1.8 billion users approx 26.6% of the total world’s population are engaged in web hosting.
2.1 billion users approx 30.4% of the total world’s population are engaged in web hosting.
The global web hosting services market is expected to register a healthy CAGR of 15.08% in the forecast period of 2019-2026.
“Hosting” is something the trending business nowadays the only thing to keep in mind to provide best suitable authentic services to the customers.
Wrapping it up
The web hosting industry will continue to develop over the coming years. It is a dynamic industry and you just need to stay in what best trends. So, keeping this in mind just stay in the competition and do best or have best.