Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 505.59 Million | USD 2347.27 Million | 18.6% | 2023 |
Zion Market Research has published a report on the global DNS Service Market, estimating its value at USD 505.59 Million in 2023, with projections indicating that it will reach USD 2347.27 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 18.6% over the forecast period 2024-2032.
The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the DNS Service industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
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 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.
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.
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.
Report Attributes | Report Details |
---|---|
Report Name | DNS Service Market |
Market Size in 2023 | USD 505.59 Million |
Market Forecast in 2032 | USD 2347.27 Million |
Growth Rate | CAGR of 18.6% |
Number of Pages | 157 |
Key Companies Covered | Dyn Inc., VeriSign Inc., ultraDNS, Neustar, Cloud flare, Akamai, Easy DNS, DNS made easy, Cotendo Advanced DNS and AWS route 53, are among others |
Segments Covered | By Type, By Server Provider And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
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.
Some of the most important market players in the DNS service market are
By Type
By Service Provider
Global DNS Service Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
A fundamental component of the internet is the DNS (Domain Name System) service, which translates human-readable domain names (such as www.example.com) into IP addresses (such as 192.0.2.1) that computers use to identify each other on the network. This process enables users to access websites and services by using domain names that are easily recollected, rather than having to memorize numerical IP addresses.
Robust DNS services are required due to the increasing volume of DNS queries, which is a result of the continuous growth in internet consumers, e-commerce, streaming services, and cloud computing.
Zion Market Research has published a report on the global DNS Service Market, estimating its value at USD 505.59 Million in 2023, with projections indicating that it will reach USD 2347.27 Million by 2032.
The market is expected to expand at a compound annual growth rate (CAGR) of 18.6% over the forecast period 2024-2032.
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.
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