With over 330,000 hosting providers worldwide, the web hosting market value is projected to reach $159.9 billion by 2024.
Amazon leads globally with a 13% market share, while GoDaddy, one of the top domain registrars, manages 88.92 million domains.
In this article, I have covered further details about the latest statistics related to the web hosting market, its current state, and more.
Web Hosting Statistics 2024: Top Picks
- Over 330,000 web hosting companies operate worldwide.
- The web hosting market is valued at approximately $159.9 billion in 2024.
- Amazon holds the top position in the global web hosting market, with a 13% share.
- In the U.S., Squarespace Hosted is the leading provider, powering 6% of websites.
- GoDaddy is a well-known provider, managing over 88.92 million registered domains globally.
What’s The Market Size Of The Web Hosting Industry?
- The web hosting market is estimated to be valued at $159.9 billion in 2024.
Comparatively, in 2023, the market was valued at $130.10 billion. Further, the web hosting market is estimated to grow by 17.35% between 2024 and 2029, and by the end of 2029, it is estimated to be valued at $355.80 billion.
Here is a table highlighting the Web hosting revenue by year:
| Year | Web Hosting Revenue ($) |
|---|---|
| 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 |
*- estimated values
Source: Statista
Did you know? Users have spent over $9.8 billion in online sales during 2023 Black Friday. Almost 2% of those sales went into buying hosting in black friday. In 2024, the black friday hosting sales might go upto 3% compared to the last year.
- The average spend per employee in the web hosting market is estimated to reach $44.93 in 2024.
Comparatively, the industry’s average spend per employee was $36.90 in 2023 and is estimated to reach $95.71 by 2029.
Here is a table displaying the average spend per employee in the web hosting industry by year:
| Year | Average Spend Per Employee |
|---|---|
| 2016 | 10.29 |
| 2017 | 12.05 |
| 2018 | 14.04 |
| 2019 | 15.59 |
| 2020 | 17.82 |
| 2021 | 20.38 |
| 2022 | 27.94 |
| 2023 | 36.9 |
| 2024 | 44.93 |
| 2025 | 53.68 |
| 2026 | 64.06 |
| 2027 | 73.8 |
| 2028 | 84.99 |
| 2029 | 95.71 |
Source: Statista.
Web Hosting Market Share
- Amazon leads the global web hosting market, holding a 13% share.
Coming in second is Google Global Accelerator, powering 9% of websites worldwide as of 2024.
Other most preferred web hosting services worldwide are Cloudflare Hosting and Google Cloud.
Here is a table displaying the market distribution of the web hosting market worldwide as of 2024.
| Web Hosting Provider | Percentage Of Share |
|---|---|
| Google Cloud | 6% |
| Cloudflare hosting | 4% |
| Google Global accelerator | 9% |
| Amazon (AWS) | 13% |
| Other | 31% |
| Domain not resolving | 30% |
Source: Built with trends.
- 18% of the top 1 million websites are hosted on Cloudflare hosting as of 2024.
Here is a total breakdown of the web hosting services used by the top 1 million websites worldwide.
| Web Hosting Services | Percentage Of Share |
|---|---|
| Cloudflare hosting | 18% |
| Amazon | 12% |
| 4% | |
| Google Cloud | 4% |
| 403 Error | 5% |
| Others | 57% |
Source: Built with trends.
How Many Websites Use Hosting Providers?
731.08 million websites on the internet use web hosting providers as of 2024.
The majority of them use Amazon, accounting for 83.05 million live sites.
Meanwhile, AWS global accelerator is the second most preferred web hosting service, accounting for 58.5 million live sites worldwide.
Further, 39 million websites actively use Google as their web hosting provider, while 36.83 million actively use Google Cloud as their web hosting provider.
Here is a table displaying the number of websites using a web hosting provider:
| Year | Number Of Hosting Providers Worldwide |
|---|---|
| 2024 | 731.08 million |
| 2023 | 571.92 million |
| 2001 | 126 million |
| 1998 | 37 million |
| 1995 | 6.6 million |
| 1992 | 992K |
| 1995 | 130K |
| 1998 | 210 |
| 1969 | 4 |
Source: Net Valley., built with trends.
- There are 330,000 web hosting companies globally.
Source: Hosting advice
Web Hosting Uptime Statistics
- Web hosts usually guarantee 99%, 99.99%, or 99.999% of uptime.
Even though the goal is 100% uptime, in the web hosting industry, 99.999% uptime is considered high availability.
99.9% uptime indicated that your website can be down for 8 hours, 45 minutes, and 52 seconds. At the same time, 99.99% of uptime means that the website may be down for approximately 52 minutes each year. Further, 99.999% uptime indicates a downtime of 5 minutes every year.
- 60% of the Fortune 500 companies are recorded to have a minimum downtime of 1.6 hours every week.
Source: Globalscape
- On average, the downtime costs $137 to $427 per minute for a small business.
A one-second delay in loading the page may lead to a loss of 11% in page views.
88% of consumers are less likely to return to a website after experiencing downtime.
Source: Data foundry, Sweor, Crazy egg.
- A delay in loading a website by 100 milliseconds may cause the conversion rates to decrease by 7%.
Besides, a two-second delay may lead to an increase in bounce rates by 103%. Therefore, over 47% of website users seek a web hosting services provider that helps their website load within 2 seconds.
Web Hosting In The US
- There are 111.09 million websites in the United States that use web hosting providers.
Squarespace Hosted is the most used web hosting provider in the United States, with 6% of the websites preferring it.
Meanwhile, Amazon is the second most preferred hosting provider in the country, with 5% of the US web hosting market share.
Other popular web hosting providers in the country are Shopify Hosted, Unified Layer, and Sedo Hosting.
Here is a table highlighting the share of websites that use different web hosting providers in the United States as of 2024:
| Provider | Percentage |
|---|---|
| Other | 78% |
| Sedo Hosting | 3% |
| Unified Layer | 4% |
| Shopify Hosted | 4% |
| Amazon | 5% |
| Squarespace Hosted | 6% |
Source: Built With
Web Hosting Statistics By Country
- In the United States, 111.09 million websites rely on various hosting providers, making it the country with the most hosted sites.
The United Kingdom follows with 18.04 million hosted websites, while Germany ranks closely behind.
The following table displays the countries with the highest number of hosting providers worldwide.
| Country | Number Of Websites Hosted |
|---|---|
| United States | 111,085,634 |
| United Kingdom | 18,037,117 |
| Germany | 16,250,545 |
| Russia | 7,783,497 |
| France | 6,354,963 |
| Australia | 6,023,352 |
| China | 6,150,046 |
| Brazil | 5,944,120 |
| Canada | 5,842,450 |
| India | 5,424,179 |
Source: Built with trends.
Web Hosting Statistics By Domains
- GoDaddy is one of the most widely recognized hosting providers and domain registrars globally, with over 88.92 million registered domains under its management.
Holding an impressive 11.34% of all registered domains worldwide, GoDaddy leads the market as the most popular domain name registrar across the globe.
Here is a table displaying the web hosting providers with the highest registered domains:
| Web Hosting Provider | Number Of Registered Domains | Share Of Registered Domains |
|---|---|---|
| GoDaddy | 88,922,497 | 11.34% |
| Namecheap | 22,839,664 | 2.91% |
| Tucows | 13,198,716 | 1.68% |
| Squarespace | 9,547,553 | 1.22% |
| GMO | 6,765,328 | 0.86% |
| Dynadot | 6,728,784 | 0.86% |
| IONOS | 6,561,226 | 0.84% |
| NameSilo | 6,477,537 | 0.83% |
| Gname.com | 6,170,462 | 0.79% |
| Network Solutions | 5,683,992 | 0.72% |
Source: Hosting advice
Types Of Web Hosting
There are different types of Web Hosting worldwide. This section will walk through the most used ones and their related figures.
- Shared hosting owns 37.64% of the web hosting market share worldwide.
At the same time, dedicated hosting and Collocated hosting each owns a market share of 27.90% of the shares of the web hosting market.
Here is a detailed breakdown of the shares owned by different hosting providers in the web hosting market.
| Type Of Web Hosting | Share Of The Web Hosting Market |
|---|---|
| Shared | 37.64% |
| Dedicated | 27.90% |
| Collocated | 27.90% |
| Reseller | 13.60% |
| VPS | 13.60% |
Source: Enterprise today.
Popular E-commerce Hosting Statistics
Shopify, Squarespace, and Wix-hosted websites are most commonly seen in the e-commerce industry. In this section, I have compiled the latest facts and figures about these popular hosting providers.
Shopify Hosted Websites
- Shopify Hosted web hosting supports approximately 8.82 million websites worldwide.
Of these, 5.83 million websites are active, while the remaining 2.99 million are no longer live.
Source: Built with.
- In the United States, 3.38 million websites are hosted on Shopify’s platform.
The following table displays the countries that use Shopify-hosted services.
| Country | Number Of Shopify-hosted Websites |
|---|---|
| The United States | 3,378,623 |
| United Kingdom | 219,151 |
| Australia | 158,234 |
| Germany | 155,238 |
| Brazil | 132,460 |
Source: Built with.
Squarespace Hosted
- As of 2024, Squarespace hosts approximately 8.78 million websites globally.
Among these, only 6.85 million are active, using Squarespace-hosted services for their live sites.
Source: Built With
- The United States leads in the number of Squarespace-hosted websites, with 5.4 million sites using the platform.
The following table displays the countries with the most Squarespace-hosted hosting services.
| Country | Website |
|---|---|
| United States | 5,396,310 |
| United Kingdom | 284,789 |
| Australia | 189,198 |
| Canada | 158,837 |
Source: Built With
Web Hosting Trends And Predictions For 2024 And Ahead
- Web hosting companies are working on addressing environmental issues, and most of them have started investing in green energy initiatives.
- 70 million servers were running on non-renewable energy. This has contributed to an increase in greenhouse emissions by 2% over the past years. However, web hosting companies are on the path to reducing these numbers.
- Almost all of the web hosting providers now offer free HTTPS. In 2021, almost 97% of the sites were defaulted to HTTPS.
- In the upcoming years, web hosting services will focus more on protecting user privacy.
- The managed web hosting service market is expected to reach $329.1 billion by 2025.
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Conclusion: The Global Web Hosting Market Is Anticipated To Reach $159.9 Billion In 2024
Meanwhile, the web hosting market in the United States is estimated to reach $58.30 billion in 2024 and is projected to be valued at $127.20 billion by 2028.
Besides, as of 2024, shared hosting continues to be the top choice, representing 37.64% of the market. However, cloud and VPS hosting are becoming increasingly popular due to their improved performance and scalability.
