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Did you know?
In 2020, the global market was valued at $75 billion.
The global web hosting market is projected to grow to $267.10 billion by 2028 at a compound annual growth rate of 18%.
In 2020, the North American web hosting industry was valued at $34.32 billion
By 2027, it’s predicted that the web hosting space will generate $144.40 billion.
According to experts, the growing number of small and medium businesses is the biggest factor driving the industry’s growth.
No matter whether you run an online store, a nonprofit organization, or an affiliate marketing business, every organization needs a website. That means a big demand for web hosting.