Report Code: CMI56939

Published Date: September 2024

Pages: 320+

Category: Technology

Reports Description

Global Domain Name System (DNS) Service Market was valued at USD 5,970 Million in 2024 and is expected to reach USD 27,143 Million by 2033, at a CAGR of 16.35% during the forecast period 2024 – 2033.

Domain Name System (DNS) Services turns domain names into IP addresses, which use browsers to load internet pages. Domain name servers is a distributed database implemented in a hierarchy of name servers that translate domain names into IP addresses, enabling DNS clients to reach the original server.  DNS servers is used in an application layer protocol for message exchange between clients and servers.

Domain Name System (DNS) Service Market: Growth Factors

Growing Internet Penetration and Rapid Growth of Online Services

Internet penetration across the globe is increasing at a rapid pace due to supportive government policies, increasing smartphone penetration, and growing work from home culture. For instance, according to the data published by World Bank 5.35 billion people will be using the Internet in 2024, equating to 66.2% of the world’s total population.

In the last year, 97 million new internet users came online for the first time during 2023. Thus, growing internet usage is increasing the demand for domain name system (DNS) services, essential for facilitating and enhancing website accessibility and navigation.

With growing internet penetration, more smartphone users and businesses are going online to enhance their market presence and business operations, creating demand for more websites, and thereby driving the demand for DNS services.

As more users and businesses become online the implementation of DNS is increasing to translate domain names into IP addresses, enabling seamless web browsing. DNS servers are a distributed database implemented in a hierarchy of name servers.

Enterprises are expanding their online presence, they need DNS tools to manage the complexity and scale of their DNS infrastructure. Thus, above mentioned factors are expected to propel the demand for domain name system services, thereby driving the market growth.

The growing adaption of cloud computing services

Various factors such as growing internet penetration, growing deployment of 5G networks, technological advancements, supportive government initiatives, growing scalability in the cloud computing services and growing volume of data are boosting the cloud computing adaptation, thereby driving the demand for domain name system services.

Businesses are implementing cloud computing solutions to process huge volumes of data, facilitate global deployment, adopt dynamic ways of working, and be more innovative, which in turn propels the installation of domain name system services.

Thus, growing adaption of cloud computing services propelling the demand for scalable and reliable domain name system services.  In cloud computing applications, a domain name server is used to enhance seamless connectivity and accessibility and scalability.

For instance, according to the International Data Corporation (IDC), the overall public cloud services market in India is estimated to reach US$ 17.8 billion by 2027, increasing at a CAGR of 23.4% between 2022 and 2027. Thus, such a rapidly expanding cloud computing market is expected to propel the demand for DNS services to accommodate fluctuating workloads and dynamic resource allocation in cloud environments.

Domain Name System (DNS) Service Market: Restraints

High Capital Investment

The installation and implementation of domain name system (DNS) service requires a huge initial investment as the network and processors required for installation of domain name servers are very costly. Furthermore, the price of a domain name system service increases depending on the domain registrar, top-level domain (TLD), promotional offers, and other services.

Domain name system implementation requires a significant amount of investment and overall production cost, which in turn discourages investment in the market. Furthermore, the high cost of skilled labours, dearth of manpower, high complexities in the domain name system implementation and lack of universal directives about the usage of domain name system service are some of the factors restraining the market growth. Additionally, factors such as the high cost of maintenance and operation of Domain Name System (DNS) Services, and intense market competition are some of the factors restraining the market growth.

Domain Name System (DNS) Service Market: Opportunities

Advantageous of Domain Name System (DNS) Service

Domain name system services offer various advantages such as DNS caching, DNS management services, secondary DNS servers, domain name privacy protection, DNS monitoring and DNS Security Extensions (DNSSEC). Thus, such advantages are expected to create lucrative opportunities for the market during the forecast period.

Furthermore, additional benefits such as improved speed and domain performance, increased reliability, growing demand for enhanced security and scalability, less cost of DNS services and improved user experiences are expected to create lucrative opportunities for the market during the forecast period.

DNS offers various benefits such as it can map to a new IP address if the host’s IP address changes it also allows organizations to use a domain name hierarchy that is independent of any IP address assignment. Thus, the aforementioned advantages of domain name systems are expected to create lucrative opportunities for the market during the forecast period.

Domain Name System (DNS) Service Market: Segmentation Analysis

The Global Domain Name System (DNS) Service market is segmented by component, by organization type, by rack unit, by application and by end user. By component, Primary DNS Server and Secondary DNS Server. Among all of these, primary domain name system services held the highest market share in 2023 and are expected to keep their dominance during the forecast period.

A primary domain name is the main address or URL for a website. It’s the first domain name set to point to a specified IP address. The primary domain is principal domain root that is set first to be pointed to the specified IP address. The primary domain also serves as an authoritative server for administrative activities.  The primary domain system serves IP addresses and it also allows browsers to get to websites and other internet resources.

Secondary DNS server is expected to grow at the fastest CAGR during the forecast period owing to its growing adaption in various end use industries. A secondary domain name server is a type of DNS server that automatically stores copies of all the DNS records from a primary DNS server. It also stores copies of a domain’s DNS records from its primary DNS server.

By industry verticals, the BFSI vertical segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period. Rapidly expanding BFSI sector across the globe, growing investment in the BFSI sector in emerging economies, and increasing digitalization in the BFSI sector are some of the factors propelling the market growth of these verticals during the forecast period. Furthermore, the banking industry’s digitization is probably going to keep being a major factor in the growth of the domain name system services.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 5,970 Million
Projected Market Size in 2033 USD 27,143 Million
Market Size in 2023 USD 5,100 Million
CAGR Growth Rate 16.35% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By DNS Server, DNS Service, Deployment Type, Organization Size, Industrial Vertical and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

Domain Name System (DNS) Service Market: Regional Analysis

By Region, the global Domain Name System (DNS) Service market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and Latin America. Among all of these regions, North America held the highest market share in 2023 and is expected to keep its dominance during the forecast period.

Various factors such as rapidly expanding end use industries in the U.S. and Canada, the presence of well-developed IT industry, the availability of big technology giants, and growing emphasis on digitalization are expected to create lucrative opportunities for the market in this region.

U.S. held the highest market share in 2023 and is expected to keep its dominance during the forecast period as the U.S. is spending almost 35.8% of worldwide digital transformation (DX) spending.  Additionally, factors such as the availability of well-developed technological capabilities, availability of multiple state-of-the-art options and growing spending on R&D projects, and supportive government policies are expected to create lucrative opportunities for the market during the forecast period.

Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. Factors such as growing digitalization, availability of large scale IT infrastructure, and growing smartphone and internet penetration are driving the market growth of this region. Key countries such as China, India, Japan, ASEAN and South Korea are mainly driving the market growth of this region. China dominated the Asia Pacific domain name system market in this region.

Europe is expected to hold a significant market share during the forecast period owing to the growing installation of domain name system services in Germany, France, U.K., Russia and Italy. Furthermore, growing technological advancements, well established IT sector, and rapidly expanding end use industries are some of the factors propelling the market growth in this region.

Domain Name System (DNS) Service Market: Key Developments

  • In September 2023, IBM acquired NS1 to Help Enterprises Drive Network Agility in their Hybrid Cloud Environments. Through this acquisition both the companies are aiming to enhance their market presence and business operations.

List of the prominent players in the Domain Name System (DNS) Service Market:

  • Allied Telesis Inc.
  • BlueCat Networks
  • Cisco Systems Inc.
  • Cloudflare Inc.
  • Comodo Security Solutions Inc.
  • DigiCert Inc.
  • Efficient IP
  • Mission Secure Inc.
  • F5 Inc.
  • IBM Corporation
  • Infoblox
  • Insight
  • Akamai Technologies
  • ThreatSTOP
  • Verigio Inc.
  • VeriSign Inc.
  • Others

These key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.

The Domain Name System (DNS) Service Market is segmented as follows:

By DNS Server

  • Primary DNS Server
  • Secondary DNS Server

By DNS Service

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

By Deployment Type

  • Cloud
  • On-Premises

By Organization Size

  • Large Enterprises
  • Small and Medium-Sized Enterprises

By Industrial Vertical

  • BFSI
  • Telecom and IT
  • Media and Entertainment
  • Retail and E-commerce
  • Healthcare
  • Government
  • Education
  • Other

Regional Coverage:

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Russia
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Taiwan
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Domain Name System (DNS) Service Market (2024 – 2033) (USD Million)
    • 2.2 Global Domain Name System (DNS) Service Market: snapshot
  • Chapter 3. Global Domain Name System (DNS) Service Market – Industry Analysis
    • 3.1 Domain Name System (DNS) Service Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Growing Internet Penetration and Rapid Growth of Online Services
      • 3.2.2 The growing adoption of cloud computing services.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market Attractiveness Analysis By DNS Server
      • 3.7.2 Market Attractiveness Analysis By DNS Service
      • 3.7.3 Market Attractiveness Analysis By Deployment Type
      • 3.7.4 Market Attractiveness Analysis By Organization Size
      • 3.7.5 Market Attractiveness Analysis By Industrial Vertical
  • Chapter 4. Global Domain Name System (DNS) Service Market: Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Domain Name System (DNS) Service Market: Company Market Share, 2023
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, collaboration, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Domain Name System (DNS) Service Market: DNS Server Analysis
    • 5.1 Global Domain Name System (DNS) Service Market Overview: By DNS Server
      • 5.1.1 Global Domain Name System (DNS) Service Market Share, By DNS Server, 2023 and 2033
    • 5.2 Primary DNS Server
      • 5.2.1 Global Domain Name System (DNS) Service Market by Primary DNS Server, 2024 – 2033 (USD Million)
    • 5.3 Secondary DNS Server
      • 5.3.1 Global Domain Name System (DNS) Service Market by Secondary DNS Server, 2024 – 2033 (USD Million)
  • Chapter 6. Global Domain Name System (DNS) Service Market: DNS Service Analysis
    • 6.1 Global Domain Name System (DNS) Service Market Overview: By DNS Service
      • 6.1.1 Global Domain Name System (DNS) Service Market Share, By DNS Service, 2023 and 2033
    • 6.2 Anycast Network
      • 6.2.1 Global Domain Name System (DNS) Service Market by Anycast Network, 2024 – 2033 (USD Million)
    • 6.3 Distributed Denial of Service Protection
      • 6.3.1 Global Domain Name System (DNS) Service Market by Distributed Denial of Service Protection, 2024 – 2033 (USD Million)
    • 6.4 GeoDNS
      • 6.4.1 Global Domain Name System (DNS) Service Market by GeoDNS, 2024 – 2033 (USD Million)
    • 6.5 Other DNS Services
      • 6.5.1 Global Domain Name System (DNS) Service Market by Other DNS Services, 2024 – 2033 (USD Million)
  • Chapter 7. Global Domain Name System (DNS) Service Market: Deployment Type Analysis
    • 7.1 Global Domain Name System (DNS) Service Market Overview: By Deployment Type
      • 7.1.1 Global Domain Name System (DNS) Service Market Share, By Deployment Type, 2023 and 2033
    • 7.2 Cloud
      • 7.2.1 Global Domain Name System (DNS) Service Market by Cloud, 2024 – 2033 (USD Million)
    • 7.3 On-Premises
      • 7.3.1 Global Domain Name System (DNS) Service Market by On-Premises, 2024 – 2033 (USD Million)
  • Chapter 8. Global Domain Name System (DNS) Service Market: Organization Size Analysis
    • 8.1 Global Domain Name System (DNS) Service Market Overview: By Organization Size
      • 8.1.1 Global Domain Name System (DNS) Service Market Share, By Organization Size, 2023 and 2033
    • 8.2 Large Enterprises
      • 8.2.1 Global Domain Name System (DNS) Service Market by Large Enterprises, 2024 – 2033 (USD Million)
    • 8.3 Small and Medium-Sized Enterprises
      • 8.3.1 Global Domain Name System (DNS) Service Market by Small and Medium-Sized Enterprises, 2024 – 2033 (USD Million)
  • Chapter 9. Global Domain Name System (DNS) Service Market: Industrial Vertical Analysis
    • 9.1 Global Domain Name System (DNS) Service Market Overview: By Industrial Vertical
      • 9.1.1 Global Domain Name System (DNS) Service Market Share, By Industrial Vertical, 2023 and 2033
    • 9.2 BFSI
      • 9.2.1 Global Domain Name System (DNS) Service Market by BFSI, 2024 – 2033 (USD Million)
    • 9.3 Telecom and IT
      • 9.3.1 Global Domain Name System (DNS) Service Market by Telecom and IT, 2024 – 2033 (USD Million)
    • 9.4 Media and Entertainment
      • 9.4.1 Global Domain Name System (DNS) Service Market by Media and Entertainment, 2024 – 2033 (USD Million)
    • 9.5 Retail and E-commerce
      • 9.5.1 Global Domain Name System (DNS) Service Market by Retail and E-commerce, 2024 – 2033 (USD Million)
    • 9.6 Healthcare
      • 9.6.1 Global Domain Name System (DNS) Service Market by Healthcare, 2024 – 2033 (USD Million)
    • 9.7 Government
      • 9.7.1 Global Domain Name System (DNS) Service Market by Government, 2024 – 2033 (USD Million)
    • 9.8 Education
      • 9.8.1 Global Domain Name System (DNS) Service Market by Education, 2024 – 2033 (USD Million)
    • 9.9 Other
      • 9.9.1 Global Domain Name System (DNS) Service Market by Other, 2024 – 2033 (USD Million)
  • Chapter 10. DNS Service Market – Regional Analysis
    • 10.1 Global DNS Service Market Regional Overview
    • 10.2 Global DNS Service Market Share, by Region, 2023 & 2033 (USD Million)
    • 10.3. North America
      • 10.3.1 North America DNS Service Market, 2024 – 2033 (USD Million)
        • 10.3.1.1 North America DNS Service Market, by Country, 2024 – 2033 (USD Million)
    • 10.4 North America DNS Service Market, by DNS Server, 2024 – 2033
      • 10.4.1 North America DNS Service Market, by DNS Server, 2024 – 2033 (USD Million)
    • 10.5 North America DNS Service Market, by DNS Service, 2024 – 2033
      • 10.5.1 North America DNS Service Market, by DNS Service, 2024 – 2033 (USD Million)
    • 10.6 North America DNS Service Market, by Deployment Type, 2024 – 2033
      • 10.6.1 North America DNS Service Market, by Deployment Type, 2024 – 2033 (USD Million)
    • 10.7 North America DNS Service Market, by Organization Size, 2024 – 2033
      • 10.7.1 North America DNS Service Market, by Organization Size, 2024 – 2033 (USD Million)
    • 10.8 North America DNS Service Market, by Industrial Vertical, 2024 – 2033
      • 10.8.1 North America DNS Service Market, by Industrial Vertical, 2024 – 2033 (USD Million)
    • 10.9. Europe
      • 10.9.1 Europe DNS Service Market, 2024 – 2033 (USD Million)
        • 10.9.1.1 Europe DNS Service Market, by Country, 2024 – 2033 (USD Million)
    • 10.10 Europe DNS Service Market, by DNS Server, 2024 – 2033
      • 10.10.1 Europe DNS Service Market, by DNS Server, 2024 – 2033 (USD Million)
    • 10.11 Europe DNS Service Market, by DNS Service, 2024 – 2033
      • 10.11.1 Europe DNS Service Market, by DNS Service, 2024 – 2033 (USD Million)
    • 10.12 Europe DNS Service Market, by Deployment Type, 2024 – 2033
      • 10.12.1 Europe DNS Service Market, by Deployment Type, 2024 – 2033 (USD Million)
    • 10.13 Europe DNS Service Market, by Organization Size, 2024 – 2033
      • 10.13.1 Europe DNS Service Market, by Organization Size, 2024 – 2033 (USD Million)
    • 10.14 Europe DNS Service Market, by Industrial Vertical, 2024 – 2033
      • 10.14.1 Europe DNS Service Market, by Industrial Vertical, 2024 – 2033 (USD Million)
    • 10.15. Asia Pacific
      • 10.15.1 Asia Pacific DNS Service Market, 2024 – 2033 (USD Million)
        • 10.15.1.1 Asia Pacific DNS Service Market, by Country, 2024 – 2033 (USD Million)
    • 10.16 Asia Pacific DNS Service Market, by DNS Server, 2024 – 2033
      • 10.16.1 Asia Pacific DNS Service Market, by DNS Server, 2024 – 2033 (USD Million)
    • 10.17 Asia Pacific DNS Service Market, by DNS Service, 2024 – 2033
      • 10.17.1 Asia Pacific DNS Service Market, by DNS Service, 2024 – 2033 (USD Million)
    • 10.18 Asia Pacific DNS Service Market, by Deployment Type, 2024 – 2033
      • 10.18.1 Asia Pacific DNS Service Market, by Deployment Type, 2024 – 2033 (USD Million)
    • 10.19 Asia Pacific DNS Service Market, by Organization Size, 2024 – 2033
      • 10.19.1 Asia Pacific DNS Service Market, by Organization Size, 2024 – 2033 (USD Million)
    • 10.20 Asia Pacific DNS Service Market, by Industrial Vertical, 2024 – 2033
      • 10.20.1 Asia Pacific DNS Service Market, by Industrial Vertical, 2024 – 2033 (USD Million)
    • 10.21. Latin America
      • 10.21.1 Latin America DNS Service Market, 2024 – 2033 (USD Million)
        • 10.21.1.1 Latin America DNS Service Market, by Country, 2024 – 2033 (USD Million)
    • 10.22 Latin America DNS Service Market, by DNS Server, 2024 – 2033
      • 10.22.1 Latin America DNS Service Market, by DNS Server, 2024 – 2033 (USD Million)
    • 10.23 Latin America DNS Service Market, by DNS Service, 2024 – 2033
      • 10.23.1 Latin America DNS Service Market, by DNS Service, 2024 – 2033 (USD Million)
    • 10.24 Latin America DNS Service Market, by Deployment Type, 2024 – 2033
      • 10.24.1 Latin America DNS Service Market, by Deployment Type, 2024 – 2033 (USD Million)
    • 10.25 Latin America DNS Service Market, by Organization Size, 2024 – 2033
      • 10.25.1 Latin America DNS Service Market, by Organization Size, 2024 – 2033 (USD Million)
    • 10.26 Latin America DNS Service Market, by Industrial Vertical, 2024 – 2033
      • 10.26.1 Latin America DNS Service Market, by Industrial Vertical, 2024 – 2033 (USD Million)
    • 10.27. The Middle-East and Africa
      • 10.27.1 The Middle-East and Africa DNS Service Market, 2024 – 2033 (USD Million)
        • 10.27.1.1 The Middle-East and Africa DNS Service Market, by Country, 2024 – 2033 (USD Million)
    • 10.28 The Middle-East and Africa DNS Service Market, by DNS Server, 2024 – 2033
      • 10.28.1 The Middle-East and Africa DNS Service Market, by DNS Server, 2024 – 2033 (USD Million)
    • 10.29 The Middle-East and Africa DNS Service Market, by DNS Service, 2024 – 2033
      • 10.29.1 The Middle-East and Africa DNS Service Market, by DNS Service, 2024 – 2033 (USD Million)
    • 10.30 The Middle-East and Africa DNS Service Market, by Deployment Type, 2024 – 2033
      • 10.30.1 The Middle-East and Africa DNS Service Market, by Deployment Type, 2024 – 2033 (USD Million)
    • 10.31 The Middle-East and Africa DNS Service Market, by Organization Size, 2024 – 2033
      • 10.31.1 The Middle-East and Africa DNS Service Market, by Organization Size, 2024 – 2033 (USD Million)
    • 10.32 The Middle-East and Africa DNS Service Market, by Industrial Vertical, 2024 – 2033
      • 10.32.1 The Middle-East and Africa DNS Service Market, by Industrial Vertical, 2024 – 2033 (USD Million)
  • Chapter 11. Company Profiles
    • 11.1 Allied Telesis Inc.
      • 11.1.1 Overview
      • 11.1.2 Financials
      • 11.1.3 Product Portfolio
      • 11.1.4 Business Strategy
      • 11.1.5 Recent Developments
    • 11.2 BlueCat Networks
      • 11.2.1 Overview
      • 11.2.2 Financials
      • 11.2.3 Product Portfolio
      • 11.2.4 Business Strategy
      • 11.2.5 Recent Developments
    • 11.3 Cisco Systems Inc.
      • 11.3.1 Overview
      • 11.3.2 Financials
      • 11.3.3 Product Portfolio
      • 11.3.4 Business Strategy
      • 11.3.5 Recent Developments
    • 11.4 Cloudflare Inc.
      • 11.4.1 Overview
      • 11.4.2 Financials
      • 11.4.3 Product Portfolio
      • 11.4.4 Business Strategy
      • 11.4.5 Recent Developments
    • 11.5 Comodo Security Solutions Inc.
      • 11.5.1 Overview
      • 11.5.2 Financials
      • 11.5.3 Product Portfolio
      • 11.5.4 Business Strategy
      • 11.5.5 Recent Developments
    • 11.6 DigiCert Inc.
      • 11.6.1 Overview
      • 11.6.2 Financials
      • 11.6.3 Product Portfolio
      • 11.6.4 Business Strategy
      • 11.6.5 Recent Developments
    • 11.7 Efficient IP
      • 11.7.1 Overview
      • 11.7.2 Financials
      • 11.7.3 Product Portfolio
      • 11.7.4 Business Strategy
      • 11.7.5 Recent Developments
    • 11.8 Mission Secure Inc.
      • 11.8.1 Overview
      • 11.8.2 Financials
      • 11.8.3 Product Portfolio
      • 11.8.4 Business Strategy
      • 11.8.5 Recent Developments
    • 11.9 F5 Inc.
      • 11.9.1 Overview
      • 11.9.2 Financials
      • 11.9.3 Product Portfolio
      • 11.9.4 Business Strategy
      • 11.9.5 Recent Developments
    • 11.10 IBM Corporation
      • 11.10.1 Overview
      • 11.10.2 Financials
      • 11.10.3 Product Portfolio
      • 11.10.4 Business Strategy
      • 11.10.5 Recent Developments
    • 11.11 Infoblox
      • 11.11.1 Overview
      • 11.11.2 Financials
      • 11.11.3 Product Portfolio
      • 11.11.4 Business Strategy
      • 11.11.5 Recent Developments
    • 11.12 Insight
      • 11.12.1 Overview
      • 11.12.2 Financials
      • 11.12.3 Product Portfolio
      • 11.12.4 Business Strategy
      • 11.12.5 Recent Developments
    • 11.13 Akamai Technologies
      • 11.13.1 Overview
      • 11.13.2 Financials
      • 11.13.3 Product Portfolio
      • 11.13.4 Business Strategy
      • 11.13.5 Recent Developments
    • 11.14 ThreatSTOP
      • 11.14.1 Overview
      • 11.14.2 Financials
      • 11.14.3 Product Portfolio
      • 11.14.4 Business Strategy
      • 11.14.5 Recent Developments
    • 11.15 Verigio Inc.
      • 11.15.1 Overview
      • 11.15.2 Financials
      • 11.15.3 Product Portfolio
      • 11.15.4 Business Strategy
      • 11.15.5 Recent Developments
    • 11.16 VeriSign Inc.
      • 11.16.1 Overview
      • 11.16.2 Financials
      • 11.16.3 Product Portfolio
      • 11.16.4 Business Strategy
      • 11.16.5 Recent Developments
    • 11.17 Others.
      • 11.17.1 Overview
      • 11.17.2 Financials
      • 11.17.3 Product Portfolio
      • 11.17.4 Business Strategy
      • 11.17.5 Recent Developments
List Of Figures

Figures No 1 to 38

List Of Tables

Tables No 1 to 127

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2033

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2033
  • Market revenue estimates and forecasts up to 2033, by technology
  • Market revenue estimates and forecasts up to 2033, by application
  • Market revenue estimates and forecasts up to 2033, by type
  • Market revenue estimates and forecasts up to 2033, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Player

  • Allied Telesis Inc.
  • BlueCat Networks
  • Cisco Systems Inc.
  • Cloudflare Inc.
  • Comodo Security Solutions Inc.
  • DigiCert Inc.
  • Efficient IP
  • Mission Secure Inc.
  • F5 Inc.
  • IBM Corporation
  • Infoblox
  • Insight
  • Akamai Technologies
  • ThreatSTOP
  • Verigio Inc.
  • VeriSign Inc.
  • Others

FAQs

The key factors driving the Market are Growing Internet Penetration and Rapid Growth of Online Services, The growing adaption of cloud computing services.

The “Primary DNS Server” category dominated the market in 2023.

The key players in the market are Allied Telesis Inc., BlueCat Networks, Cisco Systems Inc., Cloudflare Inc., Comodo Security Solutions Inc., DigiCert Inc., Efficient IP, Mission Secure Inc., F5 Inc., IBM Corporation, Infoblox, Insight, Akamai Technologies, ThreatSTOP, Verigio Inc., VeriSign Inc., Others.

“North America” had the largest share in the Domain Name System (DNS) Service Market.

The global market is projected to grow at a CAGR of 16.35% during the forecast period, 2024-2033.

The Domain Name System (DNS) Service Market size was valued at USD 5,970 Million in 2024.

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