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Managed DNS Market Size, Share, Trends, Growth, Competitive Landscape Analysis

01-11-2024 09:25 AM CET | IT, New Media & Software

Press release from: Markets and Markets

Managed DNS Market

Managed DNS Market

The Managed DNS Market size is projected to grow from USD 0.6 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 18.1% during the forecast period. The migration of applications and services to the cloud has led to increased demand for DNS solutions that seamlessly integrate with cloud environments. Managed DNS can provide the scalability and flexibility needed in cloud-based infrastructures.

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Based on cloud deployment, the public cloud segment holds the largest market size during the forecast period

Public cloud refers to using cloud computing equipment on a publicly accessible platform outside suppliers supply. Organizations choose managed DNS to outsource the operational complexities of DNS management. DNS converts human-readable domain names into machine-understandable IP addresses. When hosted on public clouds, these services take advantage of resilient redundancy, worldwide distribution, and scalability. Public cloud platforms' scalability enables resources to be dynamically adjusted in response to fluctuating demand, guaranteeing peak performance even during periods of high traffic. Managed DNS in a public cloud can give users in various geographic areas low-latency responses thanks to data centers that are thoughtfully dispersed worldwide.

Based on cloud deployment, the hybrid cloud segment is expected to grow with the highest CAGR during the forecast period

Hybrid cloud configuration seamlessly blends the advantages of both private and public cloud environments. This approach, combining on-premises infrastructure, private cloud resources, and public cloud services, facilitates a dynamic and flexible DNS management strategy. The hybrid model allows organizations to scale their DNS infrastructure efficiently, ensuring adaptability to changing demands and traffic patterns. Security and control are addressed through the ability to maintain sensitive data and applications in a private cloud or on-premises environment while leveraging the scalability of public cloud resources for DNS services. The distributed nature of a hybrid cloud architecture contributes to redundancy and disaster recovery, enhancing the resilience and availability of critical DNS components.

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Asia Pacific is expected to grow with the highest CAGR during the forecast period

The managed DNS market in the Asia Pacific region has grown significantly. There is a noticeable trend of businesses in diverse sectors embracing managed DNS solutions to bolster their online presence, enhance website performance, and fortify cybersecurity measures. Leading market players such as AWS, Cloudflare, Akamai, and NS1 are actively expanding their service portfolios and forging strategic alliances to meet the escalating demand for secure and efficient DNS services in the region. The surge in adoption is notably driven by security considerations, with a particular emphasis on mitigating DDoS attacks and addressing DNS-related threats. Moreover, there is a growing preference for solutions offering low latency and high-performance DNS resolution to optimize user experiences. The competitive landscape is witnessing ongoing innovations in DNS technologies, prioritizing reliability, scalability, and advanced threat intelligence. Vendors are also attuned to regional data protection regulations, reflecting a nuanced approach across various Asia Pacific countries.

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Market Players

The managed DNS market comprises major providers, such as AWS (US), Cloudflare (US), DNS Made Easy (US), GoDaddy (US), Vercara (US), Akamai (US), CDNetworks (US), Microsoft (US), NS1 (US), Oracle (US), CloudfloorDNS (US), Google (US), F5 (US), No-IP (US), Netriplex (US), easyDNS (Canada), ClouDNS (Bulgaria), DNSimple (US), EuroDNS (Luxembourg), Gransy (Czech Republic), BlueCat (Canada), NuSEC (US), Rage4 (Ireland), StackPath (US), Total Uptime (US), PowerDNS (Netherlands). These competitors have used various growth methods to increase their market share in the managed DNS industry, including partnerships, agreements, collaborations, new product releases, product enhancements, and acquisitions.

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