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Domain Name System Service Market CAGR Analysis, Demand, Growth Factors, and Leading Manufacturers Deployment (Cloud and On-premise), Global Opportunity Analysis and Industry Forecast, 2021 – 2027

05-17-2021 05:13 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Domain Name System Service Market CAGR Analysis, Demand, Growth

The domain name system service (DNS) is a naming database application that translates and locates internet domain names into internet protocol addresses.The DNS service is used by web browsing and many other internet activities to provide users with the information they need to connect to a remote host. DNS mapping is distributed throughout the internet in a hierarchy of authority. It is used for resolving names of World Wide Web (WWW) site, routing messages to email servers and webmail services, connecting app servers, databases, and middleware within a web application and instant messaging and online meeting service.Adoption of domain name system service by various sectors such as enterprises, governments, and universities to assigned ranges of IP addresses and domain name is expected to boost growth of the domain name system service market in the future.

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The major factors to drive the DNS service market are rising data security concerns in all the data sensitive companies around the world, increasing virtualization in the IT sector, and rise in the implementation of bring your own device policy in organizations. In addition, increasing use of internet of thigs technologies, data analytics and data advent are someof the important factor to drive the growth of domain name system service market. However, high cost of implementation &upgradation of DNS and the accessibility of free DNS service suppliers is restraining the growth of domain name system service market. Contrarily, increasing deployment of cloud-based DNS services, as its flexible, easy, scalable aspect and it is affordable is expected to propel the growth of domain name system servicemarket. Also, rising e-businesses which is also increasing the requirement for major domain registry name, increasing competition in venture market and increasing DNS communications in the associations to progress the streamline management and performance are some other factors which is expected to create various growth opportunities for DNS service market.
Flexible, accessible, scalable aspects and affordability have increased adoption of cloud-based DNS services, which propel the growth of the market. In addition, low maintenance cost and hassle free installation services further boost adoption of cloud-based domain name system service. It allows end users to have greater flexibility to control connections between globally distributed data centersand identify the physical location. It is expected that most businesses will move to cloud-based DNS or use hybrid DNS-cloud setups by splitting their traffic into regular DNS and cloud infrastructure, thus increasing the adoption of cloud-based DNS service among small &medium enterprises.

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DNS security extensions is a method to make the communication among the various levels of servers involved in DNS lookups more secure. It acts as the security mechanism of the DNS. The DNS system may be vulnerable to multiple cyber security threats attacks. DNS security extensions helps to protect DNS from such threats by applying digital signatures to DNS data, thereby validating the origin of document and ensuring reliable movement of data over the internet. So, with the DNS security extension, the datais securely storeon the web that helps organizations to easily deploy the data through DNS service.Key benefits of the report:
This study presents the analytical depiction of the global domain name system serviceindustry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global domain name system service market share.
The current market is quantitatively analyzed from 2021 to 2027 to highlight the global domain name system service market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global market analysis depending on competitive intensity and how the competition will take shape in coming years.

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About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in
Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched
quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business
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Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every
data presented in the reports published by us is extracted through primary interviews with top officials from leading
companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and
discussion with knowledgeable professionals and analysts in the industry.

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