Web Hosting - Australia

  • Australia
  • Revenue in the Web Hosting market is projected to reach US$4.02bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 17.70%, resulting in a market volume of US$9.08bn by 2029.
  • The average Spend per Employee in the Web Hosting market is projected to reach US$274.90 in 2024.
  • In global comparison, most revenue will be generated in the United States (US$58,300.00m in 2024).

Key regions: Spain, Brazil, Japan, India, China

 
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Analyst Opinion

Web hosting is a crucial component for businesses and individuals who want to establish an online presence. It is a service that allows users to store their website data on a server, making it accessible to the internet. In Australia, the web hosting market is developing at a steady pace, driven by several factors.

Customer preferences:
Australian customers have a strong preference for web hosting providers that offer reliable and secure services. They are also increasingly looking for providers that offer additional features such as website builders, email hosting, and domain registration. Additionally, customers are becoming more conscious of the environmental impact of their online activities and are looking for providers that offer eco-friendly hosting solutions.

Trends in the market:
One of the major trends in the Australian web hosting market is the increasing adoption of cloud hosting solutions. Cloud hosting offers scalability, flexibility, and cost-effectiveness compared to traditional hosting solutions. Another trend is the growing popularity of managed hosting services, where the hosting provider takes care of all the technical aspects of hosting, allowing customers to focus on their core business activities.

Local special circumstances:
Australia has a unique geography that presents challenges for web hosting providers. The country is vast, and its population is spread out across different regions, making it challenging to provide reliable and fast hosting services. Additionally, Australia has strict data privacy laws that require hosting providers to store data locally, which can add to the cost of providing hosting services.

Underlying macroeconomic factors:
Australia has a strong and stable economy, which is driving the growth of the web hosting market. The country has a high internet penetration rate, with a large percentage of the population accessing the internet regularly. Additionally, the increasing adoption of e-commerce and online business activities is driving the demand for web hosting services. The Australian government is also investing in digital infrastructure, which is expected to further boost the growth of the web hosting market.

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.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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