Report by Research and Markets finds that spending on application hosting, CRM, ERP and compliance management is increasing.

October 17, 2007 (TopHosts News Brief) - A recently released report by Research and Markets found that on-demand offerings are driving Web hosting revenues in the US.

The report found that spending on application hosting, CRM, ERP and compliance management has increased and will likely continue to do so until 2011. Application hosting is expected to account for roughly two-thirds of all hosting revenues by 2011 with Web hosting accounting for the other third.

The report provides updated survey information that gauges take-rates for managed services in the US business market compared with the results from a similar study done in 2006 specifically focusing on data that highlights the managed hosting market.

It also includes an overview of survey data that indicates current demand for utility computing services and where future demand will exist for these services over the next two years. It also provides data on what effect this will have on the overall managed hosting market.

For more information, visit: www.researchandmarkets.com/reports/c71033