Managed DNS Services Market 2019 Global Key Players: VeriSign Inc, Dyn Inc, Neustar, DNS made easy
Domain Name System (DNS) services have garnered a huge prominence relieving the users from the responsibilities of setting up and maintaining their own servers and keeping a global DNS infrastructure running. Moreover, these set of services pooling with many others can help saving significant amounts spent on hardware and software maintenance costs.
Managed DNS Services Market have become mainstream in recent years and are attracting several vendors to join the stream, becoming an integral part across the IT industry. The managed DNS services market has already caught the momentum and is demonstrating significant growth prospects. The augmenting uptake and growing number of businesses provide impetus to the market growth to an extent.
Acknowledging the potential of the market to grow & expand further in the upcoming period, Market Research Future (MRFR) in its recently published study report asserts that the global managed DNS services market will accrue over USD 2019.07 MN by 2027, registering a staggering CAGR of 11.8% throughout the forecast period (2016 to 2027).
Additional factors boosting the growth of the managed DNS services market include growing e-businesses that are creating the demand for largest domain name registry, rising competition in enterprise market, and the growing DNS infrastructure in the organizations to improve performance and streamline management among others.
On the other hand, factors such as the lack of technical expertise and skilled professionals are expected to impede the growth of the market. Nevertheless, factors such as the increasing adoption of managed DNS services will support the growth of the market over the review period.
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Major Key Players:
Some of the players leading the market and profiled in the analysis are Dyn Inc., VeriSign Inc., Neustar, Akamai, ultraDNS, Cloud flare, Easy DNS, DNS made easy, AWS route 53, and Cotendo Advanced DNS among others.
Managed DNS Services Market Segmentation:
The report has been segmented into four key dynamics;
• By Server: Virtual Private, Dedicated DNS, Managed DNS, and Shared DNS among others.
• By Service Providers : Enterprise and Self-service among others.
• By Application: Industries (Private & Public), Institutes, and internet applications (routing management, customer portal, record management, others), among others.
• By Regions: North America, Europe, APAC and Rest-of-the-World.
Managed DNS Services Market Regional Analysis:
The North America market leads the global managed DNS services market with the largest market share. Heading with the wide uptake of advanced technologies and the increasing investments transpired in the server solutions; the region is likely to retain its dominance over the global market throughout the forecast period.
In 2016 the market had valued at USD 169.49 MN. Furthermore, attributing to the factors such as the availability of simple and affordable bandwidth and strong connectivity the region will reach a valuation of USD 691.24 by 2027.
The Asia Pacific managed DNS services market stands the second-largest market, globally. In 2016 the market had valued at USD 128.52 MN. Rapidly advancing countries such as China, Japan, and India heading with the spurting industrialization that is led by the improving economic conditions in the region has attributed to the growth of the managed DNS services market.
Furthermore, due to the presence of major providers of managed DNS services in the region along with the increasing IT infrastructure development is fuelling the regional market. The APAC managed DNS services market is expected to reach USD 562.88 MN by 2027 growing at a CAGR over 13% throughout the forecast period.
Europe, on the other hand, is emerging as a promising market for managed DNS services, growing rapidly. Factors such as the implementation of advanced technology in small and large enterprise especially, in the UK, Germany, France & Italy are substantiating the market growth in the region. Europe managed DNS services market is poised to grow at 11.2% CAGR from 2016-2027, accounting for a substantial market share.
Managed DNS Services Market Competitive Analysis:
The embryonic market of managed DNS services appears to be fiercely competitive and fragmented. Several large and small-scale players are churning the competition to gain a competitive advantage accounting for a substantial market share. Also, collaboration, Acquisition, partnership, product/ technology launch & expansion, remain the prevailing strategies of these market players.
Industry/Innovation/ Related News:
October 25, 2018 ---- Neustar, Inc. (US), a leading global information services provider including responsible identity resolution announced the acquisition of Security Services customer contracts of VeriSign, Inc. (US), a company operating a diverse array of network infrastructure.
The said definitive agreement consists of Distributed Denial of Service (DDoS) Protection, Managed DNS, DNS Firewall and fee-based Recursive and DNS services customer contracts. This acquisition will help Neustar to grow strategically leading Digital Defense and Performance solutions by expanding its enterprise customer footprint in several high-growth industries, like e-Commerce, financial services, and technology.
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Table of Content
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
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