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Web Hosting - India

India
  • The Web Hosting market in India is expected to witness impressive growth in the coming years.
  • According to projections, the revenue in this market is estimated to reach a staggering amount of US$4.74bn by 2025.
  • This growth is further expected to continue at an annual growth rate of 20.56% from 2025 to 2029, resulting in a market volume of US$10.02bn by the end of 2029.
  • Furthermore, the average Spend per Employee in the Web Hosting market is anticipated to reach US$8.61 in 2025.
  • This indicates the potential for significant investment in human resources and infrastructure within the industry.
  • In terms of global comparison, it is worth noting that United States is currently the leading market in the Web Hosting market industry.
  • In 2025 alone, it is expected to generate a remarkable revenue of US$69.68bn.
  • This highlights the dominance of the United States in this sector.
  • The Indian Web Hosting market is poised to make substantial strides in the coming years, fueled by technological advancements, increasing internet penetration, and a growing digital landscape.
  • With such promising figures, it is clear that the Web Hosting market industry in India has a bright future ahead.
  • India's thriving IT sector is driving the demand for web hosting services, making it a rapidly growing market in the country.

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Apr 2024

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Source: Statista Market Insights

Analyst Opinion

India, a country with a population of over 1.3 billion people, is one of the fastest-growing economies in the world. With the increasing number of businesses and individuals going online, the web hosting market in India has seen significant growth in recent years.

Customer preferences:
Indian customers are increasingly looking for affordable and reliable web hosting services that can cater to their specific needs. With the rise of e-commerce and digital marketing, businesses are looking for web hosting providers that can offer them a range of features such as website builders, SSL certificates, and domain registration. Additionally, customers are also looking for web hosting providers that can offer them local language support and customer service.

Trends in the market:
The web hosting market in India is witnessing a shift towards cloud-based hosting solutions. With the increasing availability of high-speed internet and the growing popularity of SaaS-based solutions, customers are looking for web hosting providers that can offer them scalable and cost-effective cloud-based hosting solutions. Additionally, the market is also seeing a rise in the demand for managed hosting services, where customers are willing to pay a premium for a hassle-free hosting experience.

Local special circumstances:
India has a unique set of challenges when it comes to web hosting. One of the biggest challenges is the lack of reliable and high-speed internet connectivity in many parts of the country. This has led to a demand for web hosting providers that can offer low latency and high-speed hosting solutions. Additionally, the Indian market is also highly price-sensitive, and web hosting providers need to offer affordable hosting solutions to remain competitive.

Underlying macroeconomic factors:
The web hosting market in India is being driven by a combination of factors such as increasing internet penetration, rising e-commerce adoption, and the growing popularity of digital marketing. Additionally, the Indian government's push towards a digital economy through initiatives such as Digital India and Make in India has also contributed to the growth of the web hosting market in the country.In conclusion, the web hosting market in India is growing at a rapid pace, driven by the increasing adoption of digital technologies and the growing demand for affordable and reliable hosting solutions. The market is witnessing a shift towards cloud-based hosting solutions and managed hosting services, and web hosting providers need to cater to the specific needs of Indian customers to remain competitive in this dynamic market.

Global Comparison

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Apr 2024

Sources: Statista Market Insights, Financial Statements of Key Players, National statistical offices

Methodology

Data coverage:

The data encompasses B2G, B2B, and B2C enterprises. Figures are based on enterprises' technology spending on products, consulting, and outsourcing services.

Modeling approach / Market size:

Market sizes are determined through a combined top-down and bottom-up approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports of key players in the industry, Statista's primary research and surveys, and IT associations. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, internet users, and telecommunication. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing method is used based on the market data characteristics. The main drivers are the GDP and its sector composition, internet penetration, the level of digitization, and the attitude toward IT security.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Technology

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Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Jan 2025

Source: Statista Market Insights

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IT services - Statistics & Facts

Unseen yet omnipresent, Information Technology (IT) services are the invisible gears driving modern organizations. These services support business operations and digital transformation through outsourcing, managed services, security, data management, and cloud computing. By leveraging these services, companies enhance efficiency, reduce costs, and gain competitive advantages in a digital marketplace. Prominent cloud providers worldwide include Amazon Web Services, Microsoft Azure, Google Cloud, and Alibaba Cloud. In the managed services sector, Oracle, Accenture, and IBM are among the largest providers globally.
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