Web Hosting - MENA | Statista Market Forecast

Revenue in the Web Hosting market is projected to reach US$3.56bn in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.49%, resulting in a market volume of US$7.97bn by 2029.
The average Spend per Employee in the Web Hosting market is projected to reach US$18.11 in 2024.
In global comparison, most revenue will be generated United States (US$58.30bn in 2024).

Definition :
The Web Hosting market includes all types of internet hosting services that allow companies or individuals to provide access to their web page via the World Wide Web. Services such as shared hosting, dedicated hosting, virtual private server hosting, and internet connectivity are provided on a server that is owned or leased by the client. Web hosts can also provide physical space that the server occupies and manages, which is also referred to as colocation hosting. Other managed services such as managed infrastructures and managed data centers are excluded from this analysis.

Additional Information:

The Web Hosting market comprises revenues, revenue change, average spend per employee, and a list of the key players in the market and their consolidated revenues. Market values represent revenues that are generated by primary vendors either directly or through distribution channels at the manufacturer price level (excluding VAT). Reported market revenues include spending by enterprises (B2B) and governments (B2G). Detailed definitions of each market can be found on the respective page where the market data is displayed. Key players in the market include Amazon Web Services, Google, and GoDaddy.

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Shared hosting, such as HostGator, GoDaddy, and DreamHost
Dedicated hosting, such as SiteGround, InMotion Hosting, and Hostwinds
Virtual private server hosting, such as Liquid Web and OVHcloud
Colocation hosting, such as Equinix, Cologix, and Digital Realty

Website development, such as Squarespace, Wordpress, and Shopify
Search engine optimization, such as Searchmetrics, BrightEdge, and HubSpot
Content creation, such as ClearVoice, Upwork, and Contently

The Web Hosting market in the Middle East and North Africa (MENA) region has been experiencing significant growth in recent years.

Customer preferences: Customers in the MENA region have shown a strong preference for local hosting providers that offer reliable and secure services. This is due to concerns about data security and the desire to support local businesses. Additionally, customers in the MENA region value hosting providers that offer competitive pricing and excellent customer support.

Trends in the market: One of the key trends in the Web Hosting market in the MENA region is the increasing demand for cloud hosting services. As businesses in the region continue to digitize their operations, they are looking for scalable and flexible hosting solutions that can accommodate their growing needs. Cloud hosting offers these benefits, allowing businesses to easily scale their resources up or down as required. Another trend in the MENA Web Hosting market is the growing popularity of managed hosting services. Many businesses in the region prefer to outsource their hosting needs to providers that can handle the technical aspects of managing and maintaining their websites or applications. Managed hosting providers offer expertise and support, allowing businesses to focus on their core operations.

Local special circumstances: The MENA region has its own unique set of challenges and opportunities in the Web Hosting market. One of the key challenges is the limited availability of reliable and high-speed internet infrastructure in some parts of the region. This can affect the performance and accessibility of websites hosted in these areas. However, efforts are being made to improve internet connectivity and infrastructure in the region, which is expected to drive further growth in the Web Hosting market.

Underlying macroeconomic factors: The MENA region is experiencing rapid digital transformation, with governments and businesses investing heavily in technology infrastructure and digital services. This is driving the demand for web hosting services as businesses seek to establish their online presence and leverage digital platforms for growth. Additionally, the increasing adoption of e-commerce in the region is also contributing to the growth of the Web Hosting market. In conclusion, the Web Hosting market in the MENA region is witnessing significant growth due to customer preferences for local providers, the increasing demand for cloud hosting and managed services, and the region's rapid digital transformation. Despite challenges related to internet infrastructure, the market is expected to continue to expand as businesses in the region embrace digitalization and online platforms for growth.

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.

This report presents a comprehensive analysis and additional information on the Technology market, in a PDF format.

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.