Skip to main content
  1. Market Insights
  2. Technology
  3. IT Services
  4. IT Outsourcing

Web Hosting - Mongolia

Mongolia
  • In 2025, the projected revenue for the Web Hosting market in Mongolia is expected to reach US$17.10m.
  • This forecast indicates a positive growth trend, with an annual growth rate (CAGR 2025-2029) of 16.61%.
  • By 2029, the market volume is anticipated to reach US$31.63m.
  • Furthermore, the average Spend per Employee in the Web Hosting market in Mongolia is estimated to be US$12.14 in 2025.
  • This metric reflects the amount of money spent per employee within the industry.
  • In a global context, United States is expected to generate the highest revenue in the Web Hosting market, with an estimated value of US$69.68bn in 2025.
  • As a journalist with a deep knowledge of history, facts, and insights about the IT Services market, I can provide you with a country-specific statement about current trends in the Web Hosting market in Mongolia. "The increasing demand for web hosting services in Mongolia reflects the country's growing digital economy and the need for reliable online presence."

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

Mongolia, a country with a population of 3.2 million, has been experiencing a steady growth in the web hosting market in recent years.

Customer preferences:
As internet penetration continues to increase in Mongolia, more businesses and individuals are looking to establish an online presence. This has led to a growing demand for web hosting services in the country. Customers in Mongolia are looking for reliable and affordable web hosting solutions that can provide them with fast and secure websites.

Trends in the market:
One of the major trends in the web hosting market in Mongolia is the increasing adoption of cloud hosting solutions. Cloud hosting offers several benefits over traditional hosting solutions, such as scalability, flexibility, and cost-effectiveness. As businesses in Mongolia continue to grow and expand, they are looking for hosting solutions that can easily scale to meet their changing needs.Another trend in the market is the rise of local web hosting providers. While international providers such as GoDaddy and Bluehost are still popular among customers in Mongolia, local providers are gaining traction due to their ability to offer more customized solutions that are tailored to the needs of Mongolian businesses.

Local special circumstances:
One of the unique challenges in the Mongolian web hosting market is the country's geography. Mongolia is a vast and sparsely populated country, with much of the population living in rural areas. This presents a challenge for web hosting providers, as they need to ensure that their services are available and reliable even in remote areas with limited internet connectivity.

Underlying macroeconomic factors:
The growth of the web hosting market in Mongolia can be attributed to several underlying macroeconomic factors. The country's economy has been growing steadily in recent years, driven by the mining sector and other industries. This has led to an increase in disposable income, which in turn has fueled demand for online services such as web hosting.In addition, the Mongolian government has been investing heavily in improving the country's internet infrastructure. This includes the construction of a fiber-optic network that connects Mongolia to China and Russia, as well as the establishment of a national broadband network. These investments have helped to improve internet speeds and connectivity across the country, making it easier for businesses and individuals to access web hosting services.

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

Access more Market Insights on Technology topics with our featured report

IT Outsourcing: market data & analysis - BackgroundIT Outsourcing: market data & analysis - Cover

Key Market Indicators

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

Most recent update: Jan 2025

Source: Statista Market Insights

Explore more high-quality data on related topic

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.
More data on the topic

Contact

Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager
Tel

+1 914 619-5895

Mon - Fri, 9am - 6pm (EST)

Lodovica Biagi
Director of Operations
Tel

+44 (0)20 8189 7000

Mon - Fri, 9:30am - 5pm (GMT)

Ayana Mizuno
Business Development Manager

Mon - Fri, 10:00am - 6:00pm (JST)

Carolina Dulin
Group Director - LATAM
Tel

+1 212 419-5774

Mon - Fri, 9am - 6pm (EST)

Yolanda Mega
Operations Manager
Tel

+65 6995 6959

Mon - Fri, 9am - 5pm (SGT)