DNS Service Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2020 - 2025
DNS Service Market is forecast to reach $643 million by 2025, at a CAGR of 13.0% during 2020-2025. Developing cognizance associated with the prominence on protecting the internet sites from attempted DDoS (a particular type of DoS attack in which the compromised systems are brought to use in order to target an individual system which is thought of causing the denial of service attempts) attack to fortify the security feature of the internet sites, is likely to propel the market growth. On the other hand an escalated switching to integrated surveillance & cloud-based services, the advent of ITOS and granularity, and inexpensive deployment of DNS are other key factors estimated to push the market growth.
Report Coverage
The report: “DNS Service Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the DNS Service Market.
Key Takeaways
North America dominated the DNS Service market due to presence of highly developed region in regards to the technology infrastructure and increasing adoption of 4G and impending 5G networks.
Cloud based IT Services is expected to grow at a CAGR of 9.98% during 2020-2025. This deployment is gaining popularity in various enterprises, owing to its easy, flexible, affordable and low cost of deployment.
The primary DNS server segment is projected to have a greater market share as this server plays an important part of the DNS network that handles data related to domain names and domain zones.
Major players in DNS Service market include DNS service market are Dyn Inc., VeriSign Inc., ultra DNS, Neustar, Cloud flare, Akamai, Easy DNS, DNS made easy, Cotendo Advanced DNS and AWS route 53, are among others.
Type - Segment Analysis
Cloud based IT Services is expected to grow at a CAGR of 9.98% during 2020-2025. This deployment is gaining popularity in various enterprises, owing to its easy, flexible, affordable and low cost of deployment. Similarly, with the cloud deployment, scale up and scale down of businesses can be achieved easily. Thus, cloud deployment is considered to be the most effective deployment platform by many small and medium sized enterprises in recent time. In 2019, approximately 80% of companies worldwide were using some form of cloud services, out of which 15%-20% companies are likely to choose 100% cloud based services in next 5 years. It is also expected that by 2020, 60% enterprise software will be fully cloud based. Therefore increase in deployment of cloud services will in turn create opportunities for DNS service market.
By DNS Server - Segment Analysis
The primary DNS server segment is projected to have a greater market share than the secondary DNS server during the forecast period as this server plays an important part of the DNS network that handles data related to domain names and domain zones and also plays a vital role in the performance of web and email services. Primary servers get this information directly from local files. Changes to a zone’s DNS records can only be made on a primary server, which can then update secondary servers. Secondary servers contain read-only copies of the zone file, and they get their info from a primary server in a communication known as a zone transfer. Owing to this advantages primary server is most adopted by various industry verticals in the forecast period.
Geography - Segment Analysis
In 2018, North America dominated the DNS Service market share with more than 42%, due to presence of highly developed region in regards to the technology infrastructure and increasing adoption of 4G and impending 5G networks is projected to augment the average internet speeds. According to the report given by GSMA in 2018, total number of 5G subscribers projected to hit 345 million by 2025 leading the region to be in top place. On the other hand adoption of DNS platform and services by industry verticals such as media and entertainment, healthcare, BFSI, telecom, IT, and government will likely to augment the demand of DNS market in the forecast period.
Drivers –DNS Service Market
· Growing era of IPV6 Protocols and devices.
DNS applications equipped to manage IPv6 and dual-stacked environments ease the transition and make the administration of large, complex IP spaces easier with saving time and money. IPv6 is the evolutionary version of the internet protocol (IP) reviewed in IETF standards committees to replace IP version 4. IPv6 is designed to allow the internet to grow steadily, both in terms of the number of hosts connected and the total amount of data traffic transmitted. Organizations are facing many problems with existing IPv4 addressing system related to security, reliability, and duplication of IP addresses. In 2018, Verizon Wireless proactively switched to IPv6, because in the existing IPv4 network, there were more than 70 internal instances of the same private address space. The resulting network inefficiency was costing the company a good deal of time and money.
Similarly, Reliance JIO, started deploying IPv6 after its local Internet registry ran out of IPv4 address space. Reliance reported that about 90% of its LTE customers are using IPv6, and represent about 80% of their traffic. These kind of deployments will drive the market in the forecast period.
· Increasing adoption of IOT and Cloud
Enterprises and Organization are adopting cloud-based deployment, owing to its advantages such as Remote accessibility, data backup, supply of real-time information Cloud on DNS is a scalable, reliable, and managed authoritative Domain Name System (DNS) service which has low latency, high availability and is a cost-effective way to make applications and services. It can translate requests for domain names into IP addresses easily. On the other hand, IPv6 on DNS is good for IoT as many new higher-level network protocols have been developed that are useful for IoT. Thus increase in adoption of cloud and IoT will in turn drive the market for DNS service.
Challenges – DNS Service Market
· Availability of Open DNS Servers
Availability of open source DNS servers is one of the restraining factor for DNS Service market. There are several Open source servers are available online. For instance Google Public DNS Server which gives faster browsing experience with security will be a threat to paid server. Similarly, presence of servers such as Comodo Secure DNS, Quad9, verisign DNS will be the major challenges to the growth of DNS Service market in the forecast period.
Market Landscape
Partnership, acquisitions and technology launches are key strategies adopted by players in the DNS Service Market. In 2018, the market of DNS Service industry outlook has been consolidated by the top five players accounting for 55% of the market share. DNS Service market top 10 companies include DNS service market are Dyn Inc., VeriSign Inc., ultra DNS, Neustar, Cloud flare, Akamai, Easy DNS, DNS made easy, Cotendo Advanced DNS and AWS route 53, are among others.
Acquisitions/Technology Launches
Ø In November 2018, Neustar acquired Verisign’s security services unit, including Verisign’s managed DNS contracts, along with other contracts for recursive DNS, DDoS mitigation, and WAF services.
Ø In November 2016, Oracle acquired Dyn, the leading cloud-based Internet Performance and DNS provider that monitors, controls, and optimizes Internet applications and cloud services to deliver faster access, reduced page load times, and higher end-user satisfaction.
"We also publish more than 100 reports every month in "Information and Communications Technology" Go through the Domain if there are any other areas for which you would like to get a market research study."
Comments
Post a Comment