Market Research Future (MRFR) anticipates that the global managed DNS service market 2020 can likely progress at a robust pace of 11.3% from 2020 to 2027 (evaluation period). It is also presumed that the market could reach a valuation of USD 190.2 Million by 2027, maintaining its growth rate owing to favourable factors.
Managed DNS Services Market Report - Forecast to 2027
Managed DNS Services Market Report - Forecast to
2027
Market Research Future (MRFR) anticipates that the global managed DNS
service market 2020 can likely progress at a robust pace of 11.3% from 2020
to 2027 (evaluation period). It is also presumed that the market could reach a
valuation of USD 190.2 Million by 2027, maintaining its growth rate owing to
favourable factors.
Top Boosters and Main Barriers
Managed DNS services provide web-based control panels as well as software, helping users to manage
DNS traffic through certain server protocols including SMTP authentication, Geo DNS and IP address.
The surge in technological advancements has led to several developments and innovations in the DNS
environment. These advancements have also propagated new application areas for DNS service
management like institutes, web service providers and industries.
The managed DNS service market benefit largely from the positive changes in the converged cloud
infrastructure and the cheaper priced deployment of cloud infrastructure. Massive investments by
various e-commerce industries can be some of the managed DNS services market trends that can lead
to better business prospects. Also, rapid industrial expansion and the emergence of advanced managed
DNS services in developing nations can be attractive opportunities in the market during the evaluation
period.
The boost in the number of distributed denials of service or DDoS attacks and the mounting need to
curb them are some of the prime growth boosters in the managed DNS service market. An additional
aspect boosting the uptake of managed DNS services among enterprises is their affordability. Leading
providers in the market offer low priced managed DNS services, resulting in higher demand in small and
mid-sized enterprises who are striving to manage their DNS at no additional cost
.
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Market Segmentation
The managed DNS service industry has been extensively studied in the report, taking
in account the primary segments of service type, organization size and end-user.
Depending on the service type, the managed DNS service market can be considered
for DDos protected DNS, GeoDNS and premium/advance DNS. DDoS protected DNS
can be the fastest-advancing segment, with the rising demand in mid-sized as well as
large enterprises. Given the rising number of DDoS attacks, more and more
enterprises are opting for advanced managed DNS services.
With respect to the organization size, the market segments are large enterprises as
well as small & medium enterprises. These services have gained the favor of small &
medium-sized enterprises in recent years, owing to their cost-effectiveness coupled
with comprehensiveness, among other things.
The main end-users that have been highlighted in the report are education, E-
commerce, retail and consumer goods, healthcare, media & entertainment,
government, banking, financial services and insurance (BFSI), and others. All these
end-users are increasingly using managed DNS services for efficiently managing
DNS, preventing the need for extra investment.
Regional Insight
The primary markets for managed DNS service are Asia Pacific (APAC), the Middle East &
Africa, South America, Europe, and North America.
With the widespread uptake of the latest technologies combined with the heavy funds being
invested in server solutions; the North American market is all set to maintain its winning streak
throughout the appraisal period. The region is the leading market, with a major growth inducer
identified to be the huge number of celebrated managed DNS service firms with a large base of
local and international clients. Some of the most renowned companies in the region are Neustar,
Inc., Cloudflare Inc., Amazon Web Services, Inc., and Google Inc., to mention a few.
In the APAC market, the fast developing countries like India, Japan, and China are at the
vanguard, on account of the rising industrialization and the rapid economic growth. These
factors have led to more demand for managed DNS services among enterprises in the region.
In 2018, Europe had been identified as the second-leading market for managed DNS services,
spearheaded by Germany, France and the UK. MRFR expects the UK to be the biggest
shareholder in the regional market, followed by France, and Germany. The mounting number of
small-and medium enterprises and the rising demand for managed DNS services among them
seems to be an instrumental aspect of the market growth. These services are finding extensive
use in a number of industries in the region, namely retail, BFSI and IT and telecommunication,
and more.
Top Players
Netlify, Inc., Namecheap.com, Microtech USA, LLC, Oracle Corporation (Dyn), ClouDNS,
Neustar, Inc., Akamai Technologies, Cloudflare, Inc., VeriSign, Inc., Google Inc., No-IP.com,
Amazon Web Services Inc., Rackspace US, Contegix, EasyDNS Technologies Inc.,
CDNetworks Inc., ThousandEyes, Inc., to name some of the top players in the managed DNS
service market.
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