Strong signal: Both population and business growth in Florida will spur industry revenue gains

The Data Processing and Hosting Services industry provides infrastructure and other services for a variety of information technology (IT)-related activities. Florida is one of the nation's top locations for data centers due to its well-established IT infrastructure, access to an educated workforce and recent changes to legislation that will be highly beneficial to industry operators. Over the five years to 2017, the number of businesses in Florida, which frequently outsource their IT needs to industry players, is expected to increase.As a result, the industry has fared well over the five-year period...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • A primary driver of industry growth has been investment by local and state governments in Florida
  • Higher prices of everyday goods force consumers to forego the purchase of nondiscretionary goods
  • Nonindustry companies will focus investment on products designed to streamline operations
  • Industry Report - Industry Analysis Chapter

    Due to the shift toward an increasingly data-driven and connected economy, the Data Processing and Hosting Services industry has experienced steady growth over the past five years. Increasing levels of support from both local and state governments in terms of favorable tax legislation and infrastructural investment have positively affected the industry. Higher levels of data production economy-wide have also increased demand for industry services. As a result of these trends, industry revenue is expected to grow at an annualized rate of 0.8% to $5.9 billion over the five years to 2017, including a 1.0% jump in 2017 alone...purchase to read more.

    Additional Insights for the Data Processing & Hosting Services in Florida Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Data Processing & Hosting Services in Florida Industry are

  • Effective quality control
  • Having a cost-effective distribution system
  • Ability to quickly adopt new technology
  • IBISWorld analysts also discuss how external factors such as Local and state government expenditure in Florida and Population of Florida in the Data Processing & Hosting Services in Florida industry impact industry performance..

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    What's in this report

    What is the Data Processing & Hosting Services in Florida Industry?

    This industry provides data processing or hosting activities. Data processing services provide specialized reports from information supplied by clients. Hosting services can include web and application hosting. Services range from automated data entry to processing data.

    Industry Products
  • Website hosting services
  • Application service provisioning
  • Data management services
  • Industry Activities
  • Application hosting
  • Application service provider services
  • Data entry services
  • Data processing computer services
  • Data processing
  • Database management
  • Web hosting
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Local and state government expenditure in Florida
  • Population of Florida
  • Number of businesses in Florida
  • Consumer price index in Florida

  • Current Performance
  • The cloud spurs growth
  • Outsourcing by large companies
  • Higher expenses
  • Industry landscape
  • Chart: Revenue Growth

  • Industry Outlook
  • Outsourcing drives growth
  • Shift to online services
  • Growth and consolidation
  • Table: Data Processing & Hosting Services in Florida Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Data Processing & Hosting Services in Florida Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Finance and Insurance
  • Public Administration
  • Internet Publishing and Broadcasting

  • Key Selling Industries
  • Computer Manufacturing
  • Computer Peripheral Manufacturing
  • IT Consulting
  • Software Publishing
  • Wired Telecommunications Carriers

  • Products & Services
  • Website hosting services
  • Other
  • Application service provisioning
  • Data management services
  • Chart: Data Processing & Hosting Services in Florida Industry Products and Services Segmentation

  • Major Markets
  • Nonfinancial enterprises
  • Resellers
  • Financial firms
  • Government organizations
  • Content providers
  • Chart: Major Market Segmentation for the Data Processing & Hosting Services in Florida Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesDepreciationRent and utilities, marketing and other
  • Chart: Cost Structure Benchmarking – Sector vs Data Processing & Hosting Services in Florida

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Data Processing & Hosting Services in Florida Industry

  • Automatic Data Processing Inc., Convergys Corporation, Dyntek Inc., Transaction Network Services,
  • Table: Automatic Data Processing Inc. - financial performance
  • Table: Convergys Corporation - financial performance
  • Table: Dyntek Inc. - financial performance
  • Table: Transaction Network Services - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Data Processing & Hosting Services in Florida Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Data Processing & Hosting Services in Florida Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Percentage of services conducted online (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Application Service Provider (Asp)
  • A business that provides computer-based services to customers over a network.
  • Cloud Computing
  • Computing model in which companies' computer applications are hosted in outside servers accessible via the internet and managed by third-party operators.
  • Data Warehousing
  • The collection of data and the establishment of a common format for different data sets to allow them to work together and be stored in one place.
  • Information Technology (It)
  • The acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by microelectronics-based computing and telecommunications.
  • Outsourcing
  • To procure goods or services under contract with an outside supplier.
  • Software As A Service (Saas)
  • Software that is deployed over the internet and runs behind a firewall in a person's local area network or personal computer.
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    Why buy this report?

    IBISWorld’s industry research report on Data Processing & Hosting Services in Florida provides up-to-date sales and market data, allowing you to identify the product and customer segments driving revenue growth. The report identifies the leading companies in the industry, and offers strategic analysis of the key factors influencing the market. Our data forecasts are accompanied by full analysis to illustrate how the market is responding to dominant and emerging trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Data Processing & Hosting Services in Florida:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Data Processing & Hosting Services in Florida market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Data Processing & Hosting Services in Florida, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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