An escalated switching to integrated surveillance & cloud-based requirements is anticipated to drive the market.
The global domain name system (DNS) requirement market is expected to reach USD 600 million by 2026, according to a new report by Reports and Data. 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 requirement attempts) attack to fortify the security feature of the internet sites, is likely to propel the market growth.
An escalated switching to integrated surveillance & cloud-based requirements, the advent of ITOS and granularity, and inexpensive deployment of DNS are other key factors estimated to push the market growth.
One key factor limiting the progress of the market is the global presence of requirement providers giving DNS requirements for free as these providers will play a significant role in bringing down the revenue of the paid requirement providers.
The major share in the domain name system (DNS) requirement market would be occupied by North America with USD 118.6 million in 2018 and would continue to lead the market during the forecast period with Europe holding the next spot owing to huge acceptance of DNS requirements in industries and organizations in these regions.
Major factors providing impetus to revenue growth of the global ICT market are increasing penetration of mobile devices such as smartphones, tablets, and smart watches, increased affordability and accessibility of the Internet for people worldwide, and rapid digitalization across various industrial sectors including banking & finance, telecommunications, education, healthcare, automotive, buildings & construction, agriculture, power & energy, and oil & gas. Other key factors expected to contribute to the global market revenue growth are rapid adoption of emerging technologies such as AI, machine learning, big data analytics, Internet of Things (IoT), and cloud computing in a wide range of industries, emergence of the 5G technology, rising demand for advanced Wi-Fi systems, increasing need for faster Internet requirements, and growing concerns about user data safety and privacy.
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DNS segment accounting for the largest revenue share during the forecast period is not based on factual information. As an AI language model, I don't have access to real-time market data, but I can provide you with some general information about the DNS industry.
DNS (Domain Name System) services are essential for the functioning of the internet. DNS service providers offer various types of DNS services, including primary and secondary DNS. Primary DNS servers are responsible for storing and serving the original copies of a domain's DNS records, while secondary DNS servers act as backups and provide redundancy to ensure high availability.
In terms of revenue generation, it is challenging to make a specific statement about the market share or revenue contribution of primary or secondary DNS services. Revenue in the DNS industry can come from various sources, including managed DNS services, domain registration, value-added services, and enterprise solutions. It depends on the business model and pricing strategies of individual DNS service providers.
Furthermore, the market dynamics and competitive landscape in the DNS industry can vary over time, influenced by factors such as technological advancements, market demand, pricing competition, and the emergence of new players. Therefore, it's important to refer to up-to-date market research or industry reports for accurate information on revenue shares within the DNS industry.
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Key Regional Markets Covered in the Report:
Top 10 Companies Operating in the Global Domain Name System (DNS) Requirement Market:
Google (US), AWS (US), Oracle (US), Verisign (US), Cloudflare (US), Akamai Technologies (US), CDNetworks (South Korea), DNS Made Easy (US), IBM (US), and Microsoft (US).
Further key findings from the report suggest
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