Choosing the right web hosting provider is a crucial decision for your business. It can be challenging to choose with so many options available, but reliability should always come first. It’s essential to weigh all the features and benefits of different providers before making a final decision. It would be best to have reliable hosting for your website, as it will be the backbone of your digital presence.
Speaking of reliability, we carefully pulled data to help you make a more informed decision on how you describe reliability. Most businesses turn to a few reviews or weigh the pros and cons before choosing a web hosting provider. In this article, we let the figures decide. We have provided insights to top companies in the space that have controlled a significant market share for quite a while. Not bad for reliability, eh?
An Introduction to the Web Hosting Market
The market was valued at $52.53 billion in 2019, $59.14 billion in 2020, and $70,22 billion in 2021. Revenue in the global Web Hosting market is projected to reach $81.5 billion in 2022. It is projected to show an annual growth rate of 14.53% from 2022 to 2026 to reach 140,291 by 2026. GlobeNewswire projects a CAGR of 18% during the 2020 to 2028 forecast period. According to their research, the web hosting services market was valued at $75.03 billion in 2020. What these statistics mean, in essence, is tons of businesses have websites and are investing heavily in ensuring the smooth running of their websites. If your’s is not, you are losing out on the benefits from this investment. Also, the market will continue to explore whether or not you key in.
There are about 1.88 billion websites worldwide, and most of them are owned by people and businesses based in the US. In 2022, web hosting companies in the US will generate most of the market revenue ($29.36 billion) in 2022. The second-largest region will be the UK, generating $5.9 billion, followed by Japan, $5.1 billion. It is estimated that the North American segment, which was estimated at $34.2 billion, will continue to lead the web hosting market for the next six years.
Top Web Hosting Providers
There are many web hosting providers on the market. Some are affordable, while others are more expensive. However, it is more important to focus on what you need in your web host. Leading the web hosting market are SiteGround, Digitalocean, Inc., Equinix, Inc., Clearlake Capital Group, Hostinger International, Ltd., Amazon.com, Inc., GoDaddy Operating Company, LLC, Google Inc., Liquid Web LLC, WPEngine, Inc., 1&1 IONOS Inc., Cloudflare, and Alibaba Cloud. Out of these 13 companies, nine are located in the US. You are probably familiar with some of these names.
Common Types of Hosting Providers: Choosing a Suitable Service
The market is segmented into public, private, and hybrid clouds. The public cloud segment had the highest market share, 51.6%. Shared hosting is the most common type. It is affordable and offers limited features. Dedicated hosting provides the best performance, but it costs more. Cloud hosting offers scalability, but it can be expensive for small businesses.
Web Hosting Features You Should Consider When Selecting A Web Host
Choosing a web host for your business can be a daunting task, but there are some factors that you should keep in mind when making your decision. This section will guide you through the different types of web hosting and how to find the best fit for your needs. You need to consider the price, the features, the support, and the reputation of each web hosting company.
- Find out what your needs are. What will you be using your website for? Do you want to have an online store? Do you need to host videos? If so, do the companies offer that service? What are your bandwidth needs? Do you want email hosting services or other features like domain names or SSL certificates?
- A web hosting provider should offer reliable internet connectivity for your site, a good uptime percentage, and customer support service available 24/7.
- If you are looking to have a website that is easy to manage, you should carefully select a web hosting company. Most web hosting companies will offer domain name registration, website builder, and website hosting services. Depending on your needs, you can select the best option for your situation.
- Next, compare prices. Shared hosting might be best for you if you are on a budget because it is much cheaper than cloud server pricing. But if there is only one website on the shared server and it gets too much traffic, it could slow down your site and chase away potential customers. Industry experts have proven that you should carefully consider free hosting before jumping at it. According to experts, 90% of consumers want the cheapest hosting. So many people just need a professional online presence that speaks to their personality or just a portfolio for a job interview.
Free web hosting plans might not provide optimal bandwidth, space, support for a specific server-side scripting language, and support for specific database engines. All these have to be taken into consideration. The following hosting providers offer the cheapest web hosting plans.
A recent article on Forbes listed a few of the best affordable web hosting providers.
Ionos has a rating of 4.5/5 stars on Forbes Advisor. Its introductory price for a 12-month term starts at $0.5/month. It also offers unlimited bandwidth so businesses can enjoy uploading several files and having many visitors. Ionos includes free domain registration in its Business Plan. On a 12-month term, businesses can decide whether or not their choice of hosting and business is a good fit without investing much.
HostGator’s Hatchling plan starts at $2.75/month for a 36-month term. This plan includes unlimited bandwidth and storage and a cPanel dashboard. This plan also gives you a free domain name for one year. Nonetheless, there are lots of hidden fees. Buyers that include malware protection, SEO tools, SSL certificate, and backups have to pay extra for each of these services.
Hostinger’s cheapest plan starts at $1.99/month. Hostinger does not claim to offer unlimited bandwidth like many others or unlimited storage either. The starter plan is limited to 300,000 visitors per month and 30GB of storage.
It’s important to weigh all the features and benefits of different plans but reliability should always come first. There are many web hosting providers on the market. Some are affordable, while others are more expensive. However, it is more important to focus on what you need in your web host.