Managed DNS Services Market Overview: —
The global managed data network services (DNS) market could attain a robust CAGR of 11.3% during the forecast period (2018-2025), asserts Market Research Future (MRFR). The market is also anticipated to reach the valuation of USD 190.2 million by 2025.
Managed DNS services are a critical aspect of browsing; however, a limited number of users know of the whole extent of their DNS settings. DNS acts as a phone book as it helps translate the internet domain as well as the hostnames to internet protocol (IP) addresses and vice versa. In addition, it is viewed as the backbone of the Internet and also a critical part of e-commerce along with several other businesses.
Boost in the demand from large corporations for the use of Managed DNS Services Market for managing their company’s internet works in favor of the market. The market share could note further expansion in the near future, thanks to the rise in the number of home users of these services. These services also help maintain the records by locating IP addresses to particular site names, as well as data storage, which benefits the market. The availability of a broad range of services, deployment model addresses and variable pricing are some of the significant factors that satisfy the customer needs while keeping the operations functions and sales smooth in the global market.
The increasing implementation of managed DNS services in data centers as well as by developers for managing disaster recovery, load-shedding, load-balancing, traffic management functions, failover, will give rise to new opportunities for the market. Apart from this, technological innovations being made across the globe in this field are likely to stimulate the growth of the managed DNS services market in the ensuing years.
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Prominent vendors competing in the worldwide managed DNS service market include Oracle Corporation (Dyn), Neustar, Inc., Microtech USA, Google Inc., Amazon Web Services, Inc., Rackspace US, Inc., EasyDNS Technologies Inc., ClouDNS, Contegix, Namecheap.com, No-IP.com, Akamai Technologies, Netlify, LLC, ThousandEyes, Inc., CDNetworks Inc., VeriSign, Inc., Cloudflare, Inc., among others.
The worldwide market for managed DNS service is segmented on the basis of service type, organization size, and end-user.
Depending on the service type, the managed DNS service market is split into DDos protected DNS, premium/advance DNS, and GeoDNS. DDoS protected DNS segment is set to expand at the fastest rate. Given the surge in DDoS attacks, enterprises are going for managed DNS services, as these services protect against DDoS attack, DNS failover services, migration services, zone-based routing, and location-based routing, among others. This helps enterprises manage DNS efficiently.
With respect to the organization size, the market can be considered for small & medium enterprises and large enterprises. Small & medium-size enterprises note high adoption rate of managed DNS services given their cost-effectiveness and comprehensiveness.
In terms of end-user, the managed DNS service market can be narrowed down to banking, media & entertainment, e-commerce, healthcare, retail, and consumer goods, financial services and insurance (BFSI), education, government, and others. All of the industry verticals mentioned make extensive use of managed DNS services for managing DNS attacks, without requiring any additional investment.
The key markets for managed DNS service include South America, Europe, the Middle East & Africa, North America, and Asia Pacific.
In 2018, North America was identified as the leading market for DNS service. The market in the region banks upon a large number of managed DNS service providers that provide services to local and international clients. Some of the well-known vendors in the region are Neustar, Inc., Cloudflare, Inc., Amazon Web Services Inc., Google Inc., to name a few.
Europe emerged as the second-leading market for managed DNS service in 2018. The most bankable markets for managed DNS service in Europe are the United Kingdom (UK), France, and Germany. The UK could seize the largest share in the region, followed by Germany and France. Some growth-inducing factors in the market are the hike in the number of small- and medium-sized enterprises that are continuously availing several managed DNS services. Managed DNS service is being frequently used by renowned enterprises within IT and telecommunication, BFSI, and retail verticals in the region, which pushes the market growth.
Surging mobile data services along with rising data center requirement propagate managed DNS service market in Asia Pacific. The region is home to numerous well-known industry vendors including Akamai technologies, VeriSign Inc., Neustar and Rackspace that are adding to the market strength. Massive investment by these companies combined with mounting number of collaborations and expansion in India, China, South Korea, and Singapore favors the regional market.
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Service-based segmentation presents enterprise services and self-service. For enterprise services, DNS host records and advertises your essential services such as web, mail, remote desktop, and file transfer protocol (FTP).
DNS self-service is useful for creating automated replies. In the market segmentation based on server types, primary servers and secondary servers exist. A server that acts as the first source for DNS data and responds to queries is called a primary server. Although a secondary server is similar to the primary server, it does not have the same access to DNS data.
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
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