According
to the new market research "DNS Service Market by
DNS Server (Primary DNS Server and Secondary DNS Server), Deployment Type
(Cloud and On-Premises), Organization Size (Large Enterprises and SMEs),
Industry Vertical, and Region - Global Forecast to 2022",
The Domain Name System (DNS) service market size is expected to grow from USD
238.9 Million in 2017 to USD 438.8 Million by 2022, at a Compound Annual Growth
Rate (CAGR) of 12.9% during the forecast period.
Growing
focus on safeguarding the websites from Distributed Denial of Service (DDoS)
attacks, rapidly growing number of internet users, and low cost associated with
DNS service are some of the major factors driving the DNS service market.
Browse and in-depth TOC on "DNS Service
Market"
72 - Tables
34 - Figures
123 - Pages
Primary DNS server segment is expected to hold a larger market
size during the forecast period.
In the DNS
server, the primary DNS server segment is expected to hold a larger market size
than the secondary DNS server during the forecast period. DNS server is an
integral part of the DNS infrastructure that manages data associated with
domain names and domain zones. It plays a vital role in the performance of web
and email services. Hence, there would be a higher demand for primary DNS
server in terms of adoption by enterprises.
Cloud deployment type is expected to be a faster growing segment
during the forecast period.
Under the
deployment type, the cloud deployment is expected to grow at a higher CAGR
during the forecast period. Managed DNS services have been rapidly deployed by
enterprises to maintain DNS infrastrcuture. A majority of managed DNS
service providers are offering cloud-based DNS services for customers.
During the last few years, the cloud deployment mode has witnessed a greater
demand, as it offers several benefits, including the pay-per-use model, better
flexibility, speedy accessibility, and low installation and maintenance costs.
North America is expected to hold the largest market size; and
Asia Pacific (APAC) to grow at the highest CAGR during the forecast period.
North
America is expected to hold the largest market size in the DNS service market
followed by Europe, owing to the mass adoption of DNS services by major
industry verticals, such as telecom, media and entertainment, Banking,
Financial Services, and Insurance (BFSI), government, and healthcare. In terms
of growth rate, the APAC region is expected to grow at the highest CAGR during
the forecast period. The region comprises China, India, Australia, South Korea,
Japan, and New Zealand, which have a large number of internet users and
enterprise customers. In addition to this, internet, data centers, and cloud
infrastructure have evolved in the region with the emergence of Long-Term
Evolution (LTE), LTE-Advanced, and 5G.
Key players
in the DNS service market include Cloudflare (US), AWS (US), VeriSign (US),
Oracle (US), Akamai Technologies (US), Google (US), IBM (US), NS1 (US),
Microsoft (US), Neustar (US), CDNetworks (South Korea), and DNS Made Easy (US).
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