According to the report by Expert Market Research (EMR), the global domain name system service market size reached a value of USD 490.05 million in 2023. Aided by the escalating need for internet security, improved website performance, and the expanding digital landscape, the market is projected to further grow at a CAGR of 14.1% between 2024 and 2032 to reach a value of USD 1620.32 million by 2032.
The DNS is a critical infrastructure component of the internet, translating domain names into IP addresses, thereby facilitating the ease of access to websites. It serves as the backbone of internet connectivity, playing an essential role in ensuring seamless user experiences and maintaining the operational integrity of online services.
The domain name system service market outlook is significantly influenced by the rising incidents of cyber-attacks and the increasing awareness of DNS security solutions among businesses. With the digital economy’s growth, companies are investing more in cybersecurity measures, including advanced DNS protection to safeguard against phishing attacks, DDoS attacks, and other threats that can compromise data integrity and accessibility.
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Moreover, the surge in online content consumption and the proliferation of internet-based services have led to a heightened demand for robust DNS management tools. These tools not only ensure efficient traffic management and load balancing but also enhance website performance and reliability, further driving the domain name system service market growth.
Another critical factor contributing to the market’s growth is the ongoing transition to cloud-based services. As organisations migrate their operations to the cloud, the need for scalable, reliable, and secure DNS services becomes increasingly paramount. Cloud-based DNS services offer the flexibility and scalability required to support dynamic workloads and distributed networks, thereby supporting the market’s upward trajectory.
The DNS service market is witnessing significant technological advancements aimed at improving security, performance, and user experience. Innovations such as DNSSEC (Domain Name System Security Extensions) are being widely adopted to add an additional layer of security, helping to prevent tampering and ensure data integrity during DNS lookups.
According to the domain name system service market analysis, the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies in DNS services is emerging as a trend. These technologies are being leveraged to automate threat detection, analyse traffic patterns, and optimise DNS query routing, thereby enhancing overall network efficiency and security.
The Asia-Pacific region is identified as a rapidly growing market, driven by its expanding digital economy, increasing internet penetration, and the ongoing digital transformation in various industries. Countries like China, India, and Japan are at the forefront of this growth, investing heavily in digital infrastructure and cybersecurity measures.
Domain Name System Service Market Segmentation
The market can be divided based on server, service, deployment mode, industry vertical, and region.
Market Breakup by Server
- Primary Server
- Secondary Server
Market Breakup by Service
- DDoS Protection
- Anycast Network
- GeoDNS
- Others
Market Breakup by Deployment Mode
- On-Premise
- Cloud
Market Breakup by Industry Vertical
- BFSI
- Media and Entertainment
- IT and Telecommunication
- Healthcare
- Retail and E-Commerce
- Government
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape Of Domain Name System Service Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global domain name system service market. Some of the major players explored in the report by Expert Market Research are as follows:
- GoDaddy Operating Company, LLC.
- Microsoft Corporation
- com, Inc.
- Alphabet Inc. (Google, LLC)
- IBM Corporation
- Oracle Corporation
- Cloudflare, Inc.
- Akamai Technologies, Inc.
- TransUnion LLC (Neustar, Inc.)
- CDNetworks Inc.
- Others
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