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Data Processing & Hosting Services in the UK - Industry Market Research Report

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    Report

  • 68 Pages
  • November 2023
  • Region: United Kingdom
  • IBISWorld
  • ID: 1488765

Head in the clouds: Advancements in cloud computing continue to drive the industry forwards

The Data Processing and Hosting Services industry has transformed over the past decade, with the growth of cloud computing has created new markets. Demand surged in line with from increased demand from banks and a rising number of mobile connections. Many companies regard cloud computing as an innovative way of reducing their operating costs, which has led to the introduction of new services that make the sharing of data more efficient. However, the lower revenue associated with cloud technology has constrained revenue. Over the five years through 2022-23, revenue is expected to edge upwards at a compound annual rate of 1.1% to reach £8.5 billion. Additionally, industry profit has improved as a result of increased IT adoption, which has expanded the potential market.

The industry includes companies 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Major Markets
  • Globalisation & Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Barriers to Entry
MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • IBM United Kingdom Ltd
  • Salesforce UK Ltd

Methodology

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