Jordan, a country located in the Middle East, has been experiencing a significant growth in the Web Hosting market. With the increase in the number of businesses and individuals seeking to establish an online presence, the demand for web hosting services has been on the rise.
Customer preferences: Customers in Jordan have been showing a growing interest in web hosting services that offer high-quality and reliable hosting solutions. They are looking for web hosting providers that can offer them a user-friendly interface, fast loading speeds, and excellent customer support. Additionally, customers are seeking web hosting services that can provide them with a range of hosting options, including shared hosting, VPS hosting, and dedicated server hosting.
Trends in the market: One of the major trends in the web hosting market in Jordan is the increasing adoption of cloud-based hosting solutions. This trend is driven by the need for businesses to have scalable and flexible hosting solutions that can accommodate their changing needs. Another trend in the market is the growing demand for managed hosting services. This trend is driven by the need for businesses to focus on their core competencies while outsourcing their hosting requirements to specialized providers.
Local special circumstances: Jordan is home to a growing number of startups and small businesses, which are driving the demand for web hosting services. These businesses are looking for affordable and reliable hosting solutions that can help them establish an online presence and compete in the digital marketplace. Additionally, Jordan has a young and tech-savvy population that is increasingly relying on the internet for their daily needs, which is also driving the demand for web hosting services.
Underlying macroeconomic factors: The growth of the web hosting market in Jordan is supported by a number of macroeconomic factors. The country has a stable political environment and a growing economy, which is attracting foreign investment and driving the growth of local businesses. Additionally, Jordan has a highly educated workforce and a strong IT sector, which is driving innovation and technological development in the country. These factors are contributing to the growth of the web hosting market in Jordan and are expected to continue to do so in the coming years.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
