Web hosting market size has reached over $108.52 billion as of 2023 and it is expected to reach $355.8 billion by 2029.
That’s a lot of websites will be needing hosting!
And when talking about the trends, Shared hosting is most popular with 37% market share. Web hosting providers like AWS, GoDaddy, Google Cloud are dominating the web hosting market with their comprehensive services.
To put further insights into the web hosting, here I have compiled some key statistics to help you get the better idea about web hosting market. From revenue to future projections, I have mentioned every key detail.
Here is how web hosting industry look like and where it is headed.
Top Web Hosting Stats In 2024
- The market size of the web hosting industry is $108.54 billion as of 2023.
- Web hosting market revenue is expected to reach $159.9 billion in 2024.
- There are over 330,000 web hosting companies worldwide.
- GoDaddy, AWS, and Google Cloud are the 3 largest web hosting companies.
- As of 2024, over 571.9 million websites are using web hosting services globally.
- By 2029, web hosting market is projected to grow with annual rate of 17.35% i.e. by $355.8 billion.
- Web Hosting Uptime statistics states that most of the web hosting companies offer 99.9% uptime.
- With a 37.64% market share, shared hosting is the most common type of web hosting.
- On average, the global web hosting industry spends $35.84 per employee.
- 99.99% uptime is considered as a high availability for the websites.
(Source: Statista, HostingAdvice, HostingAdvice 2)
How Many Web Hosting Companies Are There?
- As of 2024, there are more than 330,000 web hosting companies worldwide.
- Over 571.9 million websites use web hosting services for their websites worldwide.
Web Hosting Market Size 2024
The web hosting market includes all types of web hosting services worldwide. They provide services such as dedicated hosting, shared hosting, virtual private server and internet connectivity.
- As of 2023, the web hosting market is valued at $108.54.
- It is expected that by 2030, the web hosting market is expected to grow $355.8 billion with growth rate of 17.35%.
- The United states has the most web hosting services that generates $57.74 billion in revenue as of 2024.
- In 2022, the web hosting market valued at $94.64 billion.
Web Hosting Market Share
- AWS leads the market with the market share of 9%.
- Google Cloud Web service comes next with market share of 8.27%.
Here are the top web hosting services that has the most wen hosting market share:
| Web Hosting Provider | Percentage of Share | Number of Websites |
|---|---|---|
| Amazon (AWS) | 9.77% | 192,589,689 |
| AWS Global accelerator | 7.26% | 75,982,404 |
| 19% | 56,418,886 | |
| Google Cloud | 17.94% | 38,996,611 |
| Cloudflare hosting | 11.99% | 24,614,627 |
| GoDaddy | 8.28% | 16,988,485 |
| Other | 29% | – |
(Source: Built with Trends)
- Cloudflare hosting is used by 18% of the top 1 million websites as of 2023.
Let’s take a look at the web hosting services that are mostly used by the top 1 million websites.
| Web Hosting Services | Percent of Share |
|---|---|
| Cloudflare Hosting | 18% |
| Amazon | 13% |
| 5% | |
| Google Cloud | 4% |
| Microsoft | 3% |
| Others | 57% |
Web Hosting Industry Revenue In 2024
- The web hosting market revenue is expected to reach $159.9 billion by the end of 2024.
- In 2023, the web hosting market generated over 130.10 billion.
- By the 2029, the web hosting market revenue is forecasted to grow by $355.80 billion.
Here is a quick look at the web hosting industry revenue change over the years.
| Year | Revenue (in billion) |
|---|---|
| 2029 | $355.80 billion |
| 2028 | $313.30 billion |
| 2027 | $269.80 billion |
| 2026 | $232.20 billion |
| 2025 | $192.80 billion |
| 2024 | $159.90 billion |
| 2023 | $130.10 billion |
| 2022 | $96.91 billion |
| 2021 | $69.37 billion |
| 2020 | $59.14 billion |
| 2019 | $52.53 billion |
| 2018 | $46.49 billion |
| 2017 | $39.56 billion |
| 2016 | $ 33.50 billion |
(Source: Statista)
Web Hosting Domain Registration Statistics
- GoDaddy is the most popular hosting providers and domain registrars. It has over 84 million registered domains.
- .Com Dominates the Top-Level Domain Market, with .Org following Closely.
- As of 2024, the top three domains worldwide are .com, .org, and .de, with .com holding 52% of the global domain market.
Below is the breakdown of market share of top domains worldwide.
| Domain | Market Share |
|---|---|
| .com | 44.5% |
| .org | 4.2% |
| .de | 3.4% |
| .ru | 3.1% |
| .br | 2.8% |
| .net | 2.5% |
| .uk | 2.3% |
| .jp | 2.00% |
| .it | 1.8% |
| .fr | 1.7% |
| .pl | 1.6% |
| .nl | 1.5% |
| .au | 1.4% |
| .in | 1.3% |
(Source: W3techs)
Web Hosting Demographics
Here is how the web hosting industry looks like in different countries and regions:
Web Hostings By Country
- As of today, the most of the web hosting providers are in the United States.
- The United Kingdom comes next with the most number of hosting providers worldwide.
Here are some of the web hosting services used by the huge share of the websites in the United States.
| Website Hosting Service | Percentage of Websites | Number of Websites |
|---|---|---|
| Unified Layer | 5.2% | 4,783,897 |
| Amazon | 4.45% | 3,346,412 |
| Namecheap Hosting | 3.64% | 3,346,412 |
| Squarespace Hosting | 3.64% | 3,344,578 |
| Shopify Hosted | 3.04% | 2,795,071 |
| Others | 80% | – |
Web Hosting By Region
- The web hosting market share of in the North America alone is $34.32 billion.
- By 2023, the web hosting industry in Asia reached a revenue of $26.86 billion.
- The web hosting market is expected to grow by the rate of 22.59% by the year 2028.
Types of Web Hosting
There are five different types of web hosting provided by the hosting services worldwide.
- Shared hosting is most common type of the web hosting that holds 37.64% market share globally.
- Dedicated hosting and collocated hosting each possess 27.90% of the web hosting market share.
Take a look at the different types of the web and their market share.
| Type of web hosting | Share of the web hosting market |
|---|---|
| Shared | 37.64% |
| Dedicated | 27.90% |
| Collocated | 27.90% |
| Reseller | 13.60% |
| VPS | 10.30% |
Shared Hosting Statistics
In share hosting, you will have to share a servicer with multiple websites. Here is how the shared hosting contributes to the web hosting market.
- Shared hosting plans generally cost between $2.51 and $4.63 each month.
- By 2026, the shared hosting market is expected to increase by 15% annually. This means the shared hosting market will be worth of $72.2 billion.
- 90% of websites using shared hosting go for GoDaddy, or plan to do so for their websites.
Dedicated Web Hosting Statistics
Dedicated web hosting allows you to access the whole server. This hosing is usually used by the heavy websites. Dedicated web hosting plans are bit expensive but offers high security and speed.
- Dedicated web hosting covers the 27.90% of the total web hosting market.
- The market for Dedicated hosting is expected to grow by 11.1% by 2026.
- GoDaddy offers best plans for dedicated hosting. Over 35% of the dedicated hosting websites use GoDaddy.
VPS Hosting Statistics
Similar to the shared hosting, VPS hosting allows multiple website on a single server. But with VPS you get more security and control over their site and server.
- VPS hosting has the market share of 10.30%.
- The VPS hosting usually cost around $13.41 – $21.89 per month.
- Over 63% of the websites with VPS hosting use GoDaddy.
Web Hosting Uptime Statistics
Web hosting uptime is an important aspect when choosing a web hosting provider for your website. Website uptime refers to the web services or website is working properly in a given period.
- Most of the web hosting companies offers 99%, 99.9% or 99.99% uptime guarantee.
- 99.99% uptime is considered as a high availability for the websites.
- Among the 500 Fortune companies, 60% get downtime of 1.6 hours each week.
- For small businesses, the cost of downtime can range between $137 and $427 per minute.
- A single second delay in page loading can result in an 11% drop in page views.
- Every 100-millisecond delay in website load time can lead to a 7% drop in conversion rates.
- Downtime causes 88% of consumers to avoid returning to a website.
Popular Web Hosting Providers
As we know, hosting providers like GoDaddy, AWS and Google dominates the web hosting market worldwide. Let’s now take a closer look at the these best web hosting figures.
GoDaddy Web Hosting
- Over 52 million websites around the world are hosted by GoDaddy.
- GoDaddy is used by the 3.3% of all the websites worldwide.
- Out of total GoDaddy websites, 78.2% of the websites use GoDaddy only as their web host.
- GoDaddy hosts 1.63% of the leading 100K websites, as well as 1.6% of the top 10K.
- As of 2023, GoDaddy had a revenue of $4.25 billion. (4% up from previous years)
AWS Web Hosting
- 75.39 million websites use AWS web hosting globally.
- Amazon hosts 12% of the top 1 million websites.
- In 2023, AWS generated over $90 billion in net sales.
- Some of the top websites using AWS are Netflix, Reddit, TikTok, Zoom, Twitch and Amazon etc.
Google Hosting
- Currently, 80.49 million websites use Google Hosting.
- Among the top 10k websites, 24.53% are hosted by the Google web hosting.
- Google Hosting is most popular in the United States with 2.75 million websites use Google Hosting.
Hostinger Web Hosting
- Hostinger accounts for over 3.44 million websites as their web host.
- 0.55% of the top 1 million websites rely on Hostinger for their hosting needs.
Cloudflare Web Hosting
- Cloudflare is used by more than 33.79 million websites as their web hosting provider globally.
- In the United States, over 1.8 million websites are using Cloudflare as their web hosting.
1 & 1 Hosting
- 1 & 1 hosting is used by 11.43 million websites.
- On the other hand, 0.68% of the top 10k websites use 1 & 1 hosting.
NameCheap Web Hosting
- Namecheap is used by 9.63 million websites worldwide.
- In the United States, 3.3 million websites prefers Namecheap hosts.
- Among the top 1 million websites, 0.69% websites have Namecheap as their hosting.
Bluehost Web Hosting
- Around the world 4 million websites are hosted on Bluehost. This is only 1% of all websites.
- 0.37% of the websites use Bluehost among the top 1 million websites.
E-commerce Hosting
Some of the eCommerce hosting like Shopify, Wix and Squarespace are widely used by many websites. Here are some insight on the eCommerce hosting providers.
Shopify Hosting
- Shopify hosts more than 7.07 million websites worldwide.
- In the United States, more then 2.79 million websites use Shopify hosting.
- As of 2023, Shopify has earned $3.5 billion in hosting revenue.
WordPress Hosting
- Over 1.28 million websites hosted on WordPress are from the United States.
- Among the top 10k websites, 3.23% are hosted by WordPress.
Cloud Hosting Market Share
- Around 89% of web hosts with cloud hosting prefer multi-cloud hosting.
- Hybrid Cloud Hosting is used by the 73% of the websites that use multi-cloud hosting.
- Around 36% of the websites using hybrid cloud solutions, rely on a combination of multiple private and public servers.
Web Server Statistics 2024
- Nginx powers 34.3% of all websites on the internet.
- Apache server accounts for 30.2% of the websites.
Take a look at web servers used by the websites worldwide.
| Web Servers | % Of The Servers Used |
|---|---|
| Nginx | 34.3% |
| Apache | 30.2% |
| Cloudflare Server | 21.8% |
| LiteSpeed | 12.9% |
| Microsoft-IIS | 5% |
| Node.js | 3.2% |
| Envoy | 1.3% |
| Google Servers | 0.9% |
(Source: W3Techs)
Web Hosting Industry Trends In 2024
- Cloud hosting is forecasted to grow faster than shared and dedicated hosting with CAGR of 18.3%.
| Hosting Type | CAGR |
|---|---|
| Cloud Hosting | 18.3% |
| Shared Hosing | 10.3% |
| Dedicated Hosting | 5.6% |
- VPS hosting market is also expected to rise to $8.3 billion by 2026 with CAGR of 16.2%.
- By 2025, 80% of the businesses will shut down their traditional data centers and switch to the cloud.
- Web hosting companies will put more effort into protecting user privacy in the forthcoming years.
Related Read:
Final Thoughts On Web Hosting Statistics
That’s all with the latest web hosting statistics.
From what I have gathered, it is clear that shared hosting and AWS are leading the way.
Moreover, Cloud hosting is rapidly growing with CAGR of 18.3%. To put into an instance, you can see the Amazon’s growing market share within the web hosting industry.
One thing for sure is we are going to see a huge change in the web hosting market size in the upcoming years.
What’s more? I always update the data with the newest information. So stay tuned to get the latest facts on web hosting statistics.
What are your thoughts on these numbers? Do share in the comments section below.
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The web hosting statistics for 2024 offer valuable insights for selecting the right provider, highlighting trends in security, uptime, and customer support.. thank you..