DDI Market Opportunity Analysis, Future Development, Industry Growth and Forecast, 2021-2030

The rise in demand for the industrial internet of things and DNS platforms, the substantial adoption of virtualization by organizations and factors such as bringing your own device to reduce operational expenditure are the factors that significantly drive the growth of DDI market.

In addition, the implementation of IoT platforms requires a large number of devices, frameworks, and IP services at a large scale. IoT platforms at this scale and degree require a dynamic and robust DDI solution. Thus, the increase in need for IoT platforms is likely to propel the demand for commercial DDI solutions.

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However, lack of consumer awareness and sophistication of DDI installation hamper the growth of the market. Furthermore, automation and planning of DDI can certainly help enterprises grow in multi-cloud network management and this provides the key players with a lucrative opportunity for the growth of the DDI market.

IT & telecommunication companies work on complex networks that have to be upgraded on a routine basis to meet the fast-changing technological demands of the industry, demanding the deployment of efficient DDI solutions and services. Safeguarding DNS servers from malicious attacks, high resilience, and centralized management and monitoring of networks are major aspects of the telecom and IT industry, which contributes toward the growth of the DDI market.

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Asia-Pacific is expected to observe significant growth in the forecasted period as multinational corporations in the region and throughout the region are subjected to stop the large-scale cyber-attacks that are a threat to their customer's personal data.

The strong support from the government, and significant private sector investment are behind the growth of cloud computing industry. The government implemented cloud computing technologies to improve its e-government services, banking using super-fast internet connectivity, and stable LTE availability.

Major players include BlueCat Networks Inc., SolarWinds Worldwide LLC, BT Diamond IP, Nokia Corporation, Cisco Systems Inc., Microsoft Corporation, Efficient IP, MEN&MICE, FusionLayer Inc., Infoblox Inc.

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Key benefits of the report:

• This study presents analytical depiction of the DDI market 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 market share.

• The current market is quantitatively analyzed from 2021 to 2030 to highlight the market growth scenario.

• Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.

• The report provides a detailed market analysis based on the present and future competitive intensity of the market.

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Impact of COVID-19 on DDI Market-

• The spread of COVID-19 virus led to the downfall of global economies. Most of the businesses are affected by the pandemic, the business operations were partially shutdown and companies adopted work from home business model, which requires the use of network connected device. To manage the network in the devices DDI plays an important role. Furthermore, DDI market was positively impacted by the COVID-19 pandemic.

• DDI solutions are increasingly in the limelight because of the growing demand for new IP addresses brought by the proliferation of IoT devices connected to business networks. In addition, IoTs dependency on network applications is increasing the demand for DDI to reduce network downtime and automate repetitive processes such as troubleshooting problems and network provisioning.

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