The netizen, spending hours daily on the devices are busy with ther inbox for business communication and various personal activities. Despite myriad collaborating tools and communications -- research and endorsed that email remains the most used utility for nearly every one of us. The mammouth market size. As the emails are becoming more and more popular means of communication in the digital world, users are now looking for email addres with identity one factor that provides tail winds to paid email market. email user would always prefer an email address email address that actually matches your identity — one that is not riddled with letters and numbers. Email addresses at email service domains have become a finite resource.
Less Choice For Consumers.
Consumers as on date have little choice of email services available. In fact, only three email services that are more than 20 years old own 91% of the U.S. email market (and likely the bulk worldwide): Gmail, Yahoo Mail and Microsoft Outlook. Yes, things looks difficult for new enterant to tap this market-- but then google entered the search engine market when Alta Vista had global footprints and most renowned search engine. So those who look for future are likely to tap this market share that have been majorly dominated by biger players.
With new enterant are likely be witness in near future to take a bite of the mammout email market, as the demand rises exponentially.This gets consumers a wider choice to choose from In the next two years alone, the number of worldwide email accounts is reportedly expected to continue growing at a slightly faster pace than the number of worldwide email users (3% per year — reaching 4.4 billion worldwide users by end of 2024).
Market Size
The paid email service market is that was 3.11 billion USD, in 2018 is antcipated to grow at a CAGR of 8.8% from 2018 to 2030. This growth is propelled by the ever rising demand of cloud-based email services for secure and reliable communication channels. This growth has alos provide growth to email hosting service provides. The cloud based email service has a direct impact on the email hosting service market. This market share is expected to projected to increase at a CAGR of 18.84% from 2020 to 2025. The anticipated revenue for this market size can be USD 30.98 billion from 2020 to 2025.
This email hosting services market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The email hosting services market report also offers information on several market vendors, including Alphabet Inc., Amazon.com Inc., Fasthosts Internet Ltd., GoDaddy Inc., Heficed., Liquid Web LLC, Microsoft Corp., OVH Groupe SAS, Rackspace Technology Inc., and Zoho Corp. Pvt. Ltd. among others. Furthermore, this report extensively covers email hosting services market segmentation by type (webmail and hosted email) and geography (North America, Europe, APAC, South America, and MEA).
Overview of the regional outlook of the Paid Email Service
Market:Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Advantages of Paid Email Service