by Dimitar Avramov
The hosting market has grown a lot within the last two years and many newcomers stepped on the scene. Most of them have been attracted by the industry's promise of significant growth. The Asian market is projected to increase by 15% per year until 2008. It should be noted that this prediction does not include the Japaneese growth rate. Europeans spent 1.8 billion dollars for hosting in 2003 and expectations for the coming years even higher. According to the Market Researchers, the European hosting market will reach $6.8 billion by the end of 2005. In the UK only consumers and businesses will spend $1.7 billion for hosting in 2005.
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