Engineering, Research & Technical Services · Indirect
Monitoring · monthlyProcurement Category Intelligence
IT Hosting Services
Overview
Market size
$350,000
global, USD
CAGR
11.5%
base to forecast
Buyer power
-2.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
5 high severity
Market outlook
2031$603174
What changed
Demand by region
North America demand40%
Europe demand25%
Asia Pacific demand22%
Latin America demand7%
Rest of world demand6%
share of global demandtotal 100%
Cost drivers
Labor and technical engineering personnel45%
Data center infrastructure and hardware leasing25%
Software licensing and management tools15%
Power and utility overheads10%
Network bandwidth and data transit connectivity5%
share of delivered cost (analyst estimate)