Massive expansion in the web hosting industry
Overview [1] [2] [3] [4] [5] [6] [7] Revenue increase a rising challenge
With the Internet said to be the fastest growing sector in the history of business, the web hosting industry has experienced a massive expansion in only a few years. Nearly three quarters of a billion worldwide users (Source: Global Reach, March 2004) are connecting to the Internet for their business and personal enjoyment. The number of web hosts serving this global traffic has increased exponentially in the last 15 years.
The expansion of the World Wide Web has been both a boon and a challenge to those looking to join the new Internet economy. Web hosting businesses serving 100 or more sites have been estimated to number 35,000 (Source: HostCount, May 2004) - with thousands more smaller commercial web hosts serving less than 100 sites not included in that figure. Fierce competition is already the norm in what is still a fledgling industry.