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.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.
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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
Increasing adoption of IOT and Cloud
Market Landscape: Partnership, acquisitions and technology launches are key strategies adopted by players in the DNS Service Market. 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.
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