European hosting industry firms up at end of Q3 2001, IDC says; IDC launches new service to cover web hosting in Europe.

0 Comments | M2 Presswire, November, 2001

M2 PRESSWIRE-21 November 2001-IDC: European hosting industry firms up at end of Q3 2001, IDC says; IDC launches new service to cover web hosting in Europe (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:21112001 LONDON -- According to recent research from IDC, the hosting industry in Europe at the end of Q3 appears to be taking firmer shape than it has had for much of the year.

IDC believes that demand for colocation and managed hosting services remains solid overall and will see strong growth through 2005. Western European spending on hosting services (regardless of where the hosting service provider (HSP) or its facilities are located) is set to rise from $1.8 billion in 2001 to $6.8 billion in 2005. "The web hosting market in Europe has experienced...

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