World News: 09:48 GMT Wednesday 17th April 2019. [Research and Markets via Globe Newswire via SPi World News]
Dublin, April 17, 2019 (GLOBE NEWSWIRE) -- The report has been added to offering.The email hosting services market will register a CAGR of nearly 21% by 2023. Various companies are adopting cloud computing solutions for reducing costs and achieving flexibility and scalability in their business operations. The rising adoption of cloud-based services due to their benefits including simplified administration, remote access, and data security will lead the email hosting services market to witness considerable growth in the forthcoming years.One of the growth drivers of the global email hosting services market is the adoption of email hosting to reduce operational costs. Due to its several benefits such as low software maintenance, no requirement for servers and storage facilities, and the automation of mailbox sizes is expected to increase the demand for email hosting services during the forecast period.One of the challenges in the growth of global email hosting services market is the migration to a hosted environment. The difficulties faced while migrating to a hosted environment can limit the adoption of email hosting services during the forecast period.The market appears to be highly concentrated and with the presence of a few market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.
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Related Topics: Internet and E-Commerce, Data Centers
Globe Newswire: 09:48 GMT Wednesday 17th April 2019
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