DNS Service Market size was valued at USD 710 Million by 2028
According to the report, the global DNS Service Market size was valued at USD 323 Million in 2020 and is projected to reach USD 710 Million by 2028, growing at a CAGR of 11.8% from 2021 to 2028.
The most important expansion driver of the global DNS service market incorporates rising e-businesses which is also increasing the requirement for major domain registry name, increasing competition in venture market and increasing DNS communications in the associations to progress the streamline management and performance among others.
Global DNS Service Market: Overview
The DNS stands for domain name system; it is a way in which the domain names of the internet are sited and are converted into internet protocol addresses. It links different information with domain given names assigned to each one of the joining units. Most significantly, it decodes remembered domain names to the statistical IP addresses required for identifying and locating computer devices and services with the primary network procedures.
Global DNS Service Market: Growth Factors
The growing realization of protecting websites from a DDoS hit and low price connected with DNS service are few of the aspects projected to fuel the global DNS service market. On the other hand, the accessibility of free DNS service suppliers can act as the restrictive aspect for the expansion of the global DNS service market. Cloud deployment is likely to be a rapid increasing deployment kind in the current market, as it is being gradually accepted in the business, due to its flexible, easy, scalable aspect and it is affordable. In addition, the maintenance cost and installation services based on the cloud are less than on-premise services. The most important expansion driver of the global DNS service market incorporates rising e-businesses which is also increasing the requirement for major domain registry name, increasing competition in venture market and increasing DNS communications in the associations to progress the streamline management and performance among others.
The global DNS service market will witness considerable development in the coming future due to the growth in exploitation all over the world.
Global DNS Service Market: Segmentation
The global DNS service market is classified based on type, which is further divided into authoritative DNS and recursive DNS. Based on server provider, the DNS service market is categorized into self-service provider and enterprise service provider.
Global DNS Service Market: Regional Analysis
North America is likely to be the most dominating region in the global DNS service market and is projected to dominate the market in the coming future as this region holds the major share of the DNS service market. North America projects to be the most highly developed region in regards to the technology infrastructure and adoption. Asia Pacific DNS service market is anticipated to grow at a rapid rate. In addition, Asia Pacific is likely to develop at a considerable rate due to the production of mobile devices, internet usage, and growth in population in the region. The increasing adoption of 4G and impending 5G networks is projected to augment the average internet speeds due to the efficient IPAM solutions to administer the different IP address pools. This is likely to augment the demand of DDI (IP, DHCP, and DNS, address management) market in the coming years.
Global DNS Service Market: Competitive Players
Some of the most important market players in the DNS service market are -
- Dyn Inc.
- VeriSign Inc.
- ultraDNS
- Neustar
- Cloud flare
- Akamai
- Easy DNS
- DNS made easy
- Cotendo Advanced DNS and AWS route 53
Global DNS Service Market: Regional Segment Analysis
- North AmericaThe U.S.
- EuropeThe UKFranceGermany
- The Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- The Middle East and Africa
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