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The domain name system tools market share is expected to increase to USD 1.47 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 11.3%.
This domain name system tools market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers domain name system tools market segmentation by product (managed DNS service and standalone DNS tool) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The domain name system (DNS) tools market report also offers information on several market vendors, including Akamai Technologies Inc., Check Point Software Technologies Ltd., Clarivate PLC, Cloudflare Inc., Corporation Service Co., DNS Made Easy, easyDNS Technologies Inc., GoDaddy Inc., HostDime Global Corp., Moniker Online Services LLC, MyDomain, Network Solutions LLC, Nexcess.Net LLC, Oracle Corp., Rackspace Technology Inc., SolarWinds Corp., Tencent Holdings Ltd., and VeriSign Inc. among others.
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Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The enhanced business productivity with effective DNS deployment is notably driving the domain name system tools market growth, although factors such as rising cyber-security threats may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the domain name system tools industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Domain Name System Tools Market Driver
The enhanced business productivity with effective DNS deployment is one of the key drivers supporting the domain name system tools market growth. DNS tools are an indispensable asset for modem online businesses as online traffic can be directly mapped to revenue in the modern world. Primarily, they have superior tracking and monitoring capabilities regarding all the online services provided by an enterprise, including the website's performance and behavior. In addition to all the features and capabilities, DNS tools prevent DNS-based attacks and provide security against cyberattacks such as denial of service (DoS) attacks and DNS hijacking. They serve as the front line of defense for an organization against cyber risks and threats. Therefore, business security is greatly enhanced with DNS deployment, which will drive market growth during the forecast period.
Key Domain Name System Tools Market Trend
Growing adoption of managed security service is one of the key domain name system tools market trends contributing to the market growth. There is a rise in the dynamic cyber-risk scenarios, which is evolving compliance standards to mitigate these risks. However, with the proliferation of the mobility phenomenon, it has become virtually impossible for companies to manage enterprise security in-house. Furthermore, managed security services provide firewalls, a virtual private network (VPN), a DNS suite, and others. Thus, the enhanced quality of service and additional services such as data loss analysis and comprehensive service level agreements is expected to increase the acceptance and growth of the managed service space, further driving the growth of the market in focus during the forecast period.
Key Domain Name System Tools Market Challenge
Rising cyber-security threats is one of the factors hampering the domain name system tools market growth. Most DNS services are outsourced and are among the prime drivers for the rise of cyber security issues because there is very little end-to-end quality control in outsourced services. In a cyber threat heightened setting, this is an increasing concern for the organizations, as DNS attacks may compromise an entire organization. It may lead to costly lawsuits and insurance claims, along with defamation for the business. Thus, it is imperative for the DNS tools vendors to provide defense against DNS threats. Also, they must be constantly upgraded with evolving security threats to counter the dynamic threats, risks, and vulnerabilities. Hence, these factors may hamper the market growth during the forecast period.
This domain name system tools market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global domain name system (DNS) tools market as a part of the global IT consulting and other services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the DNS tools market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the domain name system tools (DNS) market encompasses successful business strategies deployed by the key vendors. The domain name system tools market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The domain name system tools market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the DNS tools market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
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35% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for the domain name system tools in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The need for advanced infrastructure across the region and the popularity of social media and mobile devices will facilitate the domain name system tools market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The IT sector in APAC witnessed a decline in 2020 owing to the COVID-19 outbreak. However, during the crisis, the IT and other multinational companies adopted the work-from-home model, which enhanced the need for cost-effective services such as managed DNS. Moreover, the high penetration of internet usage due to remote working and others increased the demand for DNS tools, thus augmenting the growth of the market in the region.
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The domain name system tools market share growth by the managed DNS service segment will be significant during the forecast period. Managed DNS service is a cost-effective proposition, as the DNS management capabilities, along with the allied domain security needs, are completely outsourced. Moreover, the emergence of SMEs increased awareness and innovations in data security, inherent usability, cost-effectiveness, and the flexibility of managed DNS services. These factors are expected to drive the growth of the managed DNS service segment of the global DNS tools market during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the domain name system tools (DNS) market size and actionable market insights on post COVID-19 impact on each segment.
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Domain Name System Tools Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.3% |
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Market growth 2022-2026 |
$ 1.47 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
9.04 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
APAC at 35% |
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Key consumer countries |
US, Canada, China, India, and UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Akamai Technologies Inc., Check Point Software Technologies Ltd., Clarivate PLC, Cloudflare Inc., Corporation Service Co., DNS Made Easy, easyDNS Technologies Inc., GoDaddy Inc., HostDime Global Corp., Moniker Online Services LLC, MyDomain, Network Solutions LLC, Nexcess.Net LLC, Oracle Corp., Rackspace Technology Inc., SolarWinds Corp., Tencent Holdings Ltd., and VeriSign Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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