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Global Domain Name System (DNS) Service Market – Industry Trends and Forecast to 2031

ICT | Upcoming Report | Mar 2024 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Domain Name System (DNS) Service Market, By DNS Server (Primary DNS Server, Secondary DNS Server), DNS Service (Anycast Network, Distributed Denial of Service Protection, GeoDNS, Other DNS Services) Deployment Type (Cloud, On-Premises), Organization Size (Large Enterprises, Small and Medium-Sized Enterprises), Industrial Vertical (Banking, BFSI, Financial Services, and Insurance, Telecom and IT, Media and Entertainment, Retail and E-commerce, Healthcare, Government, Education, Other) – Industry Trends and Forecast to 2031.


Domain Name System (DNS) Service Market Analysis and Size

The global domain name system (DNS) service market experiences increased internet usage and digitalization trends. Recent applications focus on enhancing the safety, speed, and consistency of DNS services. Businesses prioritize DNS services for website accessibility, data routing, and network management. As network security concerns rise, DNS security solutions gain prominence. DNS services play a vital role in ensuring smooth online operations, driving their importance in today's digital landscape.

Data Bridge Market Research analyses that the global domain name system (DNS) service market which was USD 450.15 million in 2023, is expected to reach USD 1,090.90 million by 2031 and is expected to undergo a CAGR of 11.70% during the forecast period of 2024 to 2031. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Report Scope and Market Segmentation      

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

DNS Server (Primary DNS Server, Secondary DNS Server), DNS Service (Anycast Network, Distributed Denial of Service Protection, GeoDNS, Other DNS Services) Deployment Type (Cloud, On-Premises), Organization Size (Large Enterprises, Small and Medium-Sized Enterprises), Industrial Vertical (Banking, BFSI, Financial Services, and Insurance, Telecom and IT, Media and Entertainment, Retail and E-commerce, Healthcare, Government, Education, Other)

Countries Covered

U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

Market Players Covered

Allied Telesis, Inc. (U.S.), BlueCat Networks (Canada), Cisco Systems Inc. (U.S.), Cloudflare, Inc. (U.S.), Comodo Security Solutions, Inc. (U.S.), DigiCert, Inc. (U.S.), Efficient IP (U.S.), Mission Secure Inc . (U.S.), F5, Inc. (U.S.), IBM Corporation (U.S.), Infoblox. (U.S.), INSIGHT (U.S.), Akamai Technologies (India), ThreatSTOP (U.S.), Verigio Inc. (U.S.), and VeriSign Inc. (U.S.) among others

Market Opportunities

  • Global Expansion of Online Businesses
  • Increasing Cyber Security Concerns

Market Definition

A domain name system is defined as a signpost for websites on the internet. It is a user-friendly name, such as "google.com," that a user type into a browser to visit a website. Domain names help people to find and remember websites easily, acting as an address for locating specific web pages and online services.

Global Domain Name System (DNS) Service Market Dynamics

Drivers

  • Increasing Demand for Reliable Domain Name Systems (DNS) Services

As companies transition to cloud computing, the demand for scalable and reliable domain name system (DNS) services increases. Cloud-based applications and services require efficient DNS solutions to ensure seamless connectivity and accessibility. Scalable DNS services accommodate fluctuating workloads and dynamic resource allocation in cloud environments. Moreover, reliable DNS services are essential for maintaining time and optimizing performance, ensuring that users can access cloud-based applications and services with minimal latency and downtime, which is driving market growth.

  • Rising Trend of Internet Usage Globally

The increasing internet usage globally fuels the demand for domain name system (DNS) services, essential for facilitating website accessibility and navigation. With more users coming online, businesses and individuals rely on DNS to translate domain names into IP addresses, enabling seamless web browsing. DNS services play a crucial role in ensuring that users can easily locate and access websites, contributing to enhanced internet accessibility and navigation experiences in an increasingly interconnected world, which is boosting market growth.

Opportunities

  • Increasing Cyber Security Concerns

 Cyber security concerns have increased due to increasing cyber threats. Organizations are focusing more on investing in DNS security services to protect against attacks and data breaches. These services use advanced methods to detect and stop malicious activities targeting DNS systems. By improving DNS security, organizations strengthen their defenses against cyber threats, safeguarding their data and networks from potential harm, which is expected to create opportunities for market growth.

  • Global Expansion of Online Businesses

As more businesses go online worldwide, there is a growing need for domain name system (DNS) services. DNS helps people find websites by translating website names into numbers computers understand. With expanding online businesses, more websites are created, which means more demand for DNS services. Companies providing DNS services have opportunities to support the growth of online businesses by ensuring their websites are easily accessible and reliable to users globally.

Restraints/Challenges

  • DNS Service Provider Service-Level Agreements (SLAs) Hinders Market

Providers may struggle to meet the specified performance metrics, leading to breaches of contract and potential legal ramifications. Clients may experience dissatisfaction or disruptions if service levels fall short of expectations, impacting trust and long-term relationships. Moreover, negotiating and enforcing SLAs can incur administrative overheads and resource investments, posing additional challenges for both providers and clients in the dynamic DNS service market landscape. DNS service provider service-level agreements (SLAs) can serve as a restraint due to their stringent terms and conditions.

  • Regulatory Compliance Challenges in DNS Services

Regulatory compliance challenges in DNS services refer to the difficulties companies face in adhering to authorized requirements and standards related to DNS operations. These regulations may vary across jurisdictions and industries, adding complexity to DNS management. Meeting compliance standards involves ensuring data privacy, security, and accuracy in DNS operations. Compliance necessitates guaranteeing data privacy, security, and accuracy throughout DNS operations. Thus, it is restraining market growth.

This global domain name system (DNS) service market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global domain name system (DNS) service market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In April 2023, IBM acquired NS1, integrating its managed DNS capabilities and core networking services into IBM's network automation software portfolio. This acquisition enhances IBM's offerings, providing clients with comprehensive solutions for network management and optimization. IBM strengthens its position in the market by expanding its capabilities, offering advanced networking solutions to businesses worldwide
  • In February 2023, CDNetworks supported QUIC and HTTP/3 protocols, strengthening its web application performance capabilities and enhancing network transmission efficiency. CDNetworks enables faster and more secure data delivery by adopting these advanced protocols, enhancing user experience and optimizing network performance for businesses, thus benefiting the market with improved web application performance and efficiency
  • In February 2022, Cloudflare acquired Vectrix to enhance its Cloudflare One Zero Trust platform. Vectrix enables the scanning of third-party tools such as Google Workspace and GitHub for security vulnerabilities. This integration enhances application visibility and control, empowering businesses to mitigate risks and ensure secure operations, thereby advancing market security standards
  • In September 2022, Cloudflare introduced Turnstile, a privacy-focused alternative to CAPTCHA, simplifying human validation on the internet. Turnstile enhances user experience by streamlining authentication processes while preserving privacy. This innovation contributes to improved security and usability standards, ultimately benefiting the market with enhanced online interactions

Global Domain Name System (DNS) Service Market Scope

The global domain name system (DNS) service market market is segmented into five notable segments based on DNS server, DNS service, deployment, organization size, and industrial vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

DNS Server

  • Primary DNS Server
  • Secondary DNS Server

 DNS Service

  • Anycast Network
  • Distributed Denial of Service Protection
  • GeoDNS
  • Other DNS Services

Deployment Type

  • Cloud
  • On-Premises

Organization Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

Industrial Vertical

  • BFSI, Financial Services and Insurance
  • Telecom and IT
  • Media and Entertainment
  • Retail and E-commerce
  • Healthcare
  • Government
  • Education
  • Other

Global Domain Name System (DNS) Service Market Analysis/Insights

The global domain name system (DNS) service market is analyzed and market size insights and trends are provided by DNS server, DNS service, deployment, organization size, and industrial vertical as referenced above.

The countries covered in the global domain name system (DNS) service market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America

North America dominates the global domain name system (DNS) service market because of advances in technology infrastructure and adoption. Furthermore, the increasing demand for secure internet infrastructure due to advancements in technology will drive the growth of the domain name system (DNS) service market in the region during the forecast period.

Asia-Pacific is expected to see significant growth in the global domain name system (DNS) service market because of the global increase in internet users. Furthermore, the region's domain name system (DNS) service market is expected to grow as 5G technology becomes more widely adopted in the coming years.

The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.  

Competitive Landscape and Global Domain Name System (DNS) Service Market Share Analysis

The global domain name system (DNS) service market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global domain name system (DNS) service market.

Some of the major players operating in the global domain name system (DNS) service market are:

  • Allied Telesis, Inc. (U.S.)
  • BlueCat Networks (Canada)
  • Cisco Systems Inc. (U.S.)
  • Cloudflare, Inc. (U.S.)
  • Comodo Security Solutions, Inc. (U.S.)
  • DigiCert, Inc. (U.S.)
  • Efficient IP (U.S.)
  • Mission Secure Inc. (U.S.)
  • F5, Inc. (U.S.)
  • IBM Corporation (U.S.)
  • Infoblox. (U.S.)
  • Insight (U.S.)
  • Akamai Technologies (India)
  • ThreatSTOP (U.S.)
  • Verigio Inc. (U.S.)
  • VeriSign Inc. (U.S.)


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