Companies in the Data Processing and Hosting Services industry offer business process management and data processing, application services, data storage and management, IT support, network management and website hosting, as well as wide variety of other services. The industry has strong growth potential as the emergence of cloud computing is still yet to be fully realised. Companies adopt cloud computing to achieve economies of scale, develop new services and make the sharing of information more efficient. In 2015-16, industry revenue is expected to rise by 4.3% to £7.4 billion as business confidence remains relatively high and new cloud services are more widely adopted.
This industry includes operators that provide infrastructure for hosting, data processing services and related activities. Specifically, these include web and application hosting, streaming services, and providing mainframe facilities, data processing and data entry services. The industry excludes any activities where the supplier only uses the computer as a tool.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.