As per a recent Fortune Business Insights report, the international market of web hosting services will possibly gain momentum, thanks to the increasing demand for modern cloud platforms. The platforms help to not just reduce the number of data centers, but these also lower the part they play. Going by the report, this market is expected to be worth $183.18 billion in six years from what was $60.9 billion in 2018. Therefore, the report shows a compound annual growth rate of 15.1% in the period for which the forecast is prepared. A Summary Of The Coronavirus Disease’s Effect On The Market The coronvirus pandemic has forced many places around the world to be on lockdown. Going by Fortune Business Insights’ information, the situation has affected businesses across sectors in a never-seen-before way. Nevertheless, the situation will clear itself soon. Increasing support from many businesses and governments could aid in dealing with the very contagious ‘COVID-19’. Some s...
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