Managed DNS Service Market Trends And Opportunities, Global Size By Forecast 2027
A New Study Title “ Managed DNS Service Market Size, Status And Forecast 2027” Has Been Featured On Market Research Future.
Market Research Future (MRFR), in its recently published research report, asserts that the global Managed DNS Services Market is booming and expected to grow exponentially over the review period, recording a substantial market valuation of USD 190.2 million by 2020 to 2027 and a healthy 11.3% CAGR in the forecast period.
Services providers in the global Managed DNS Services Market are known to be active for more than the past 2 decades. These service providers are helping network operators with the provision of advancements and promotions of managed DNS services all over the world. A growing number of distributed denials of service attacks is another vital market driver for managed DNS services during the review period.
With the proliferation in the average number of daily attacks and new techniques for the magnification of the impact undertaken by hackers and attackers, is leading to a higher need for managed DNS services, contributing to market growth. The global managed DNS services market is estimated to upscale at a robust CAGR of 11.3% during the forecast period.
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Leading vendors in the managed DNS market include Cloudflare, Inc., Neustar, Inc., ClouDNS, Oracle Corporation (Dyn), Amazon Web Services, Inc., Google Inc., Akamai Technologies, Namecheap.com, EasyDNS Technologies Inc., CDNetworks Inc., No-IP.com, VeriSign, Inc., Rackspace US, Inc., Netlify, Contegix, Microtech USA, LLC, and ThousandEyes, Inc..
The global Managed DNS Service market has been analyzed by service type, end-user, organization size, and region.
Based on the service type, the global managed DNS service market has been segmented into DDos protected DNS, premium/advance DNS, and GeoDNS. The DDoS protected DNS segment is one of the fastest-growing segments among medium and large enterprises. Due to the growing DDoS attack, enterprises are turning to managed DNS services.
Managed DNS service providers provide protection against DDoS attack, migration services, location-based routing, DNS failover services, and zone-based routing, among others, consequently helping enterprises to handle DNS efficiently.
Based on organization size, the global market has been bifurcated as small & medium enterprises and large enterprises. Small & medium-size enterprises are opting for managed DNS services as it is cost-effective and all-inclusive.
Based on end-user, the global managed DNS service market has been segmented into media & entertainment, healthcare, banking, financial services and insurance (BFSI), retail and consumer goods, government, education, E-commerce, and others. All these industry verticals are adopting managed DNS services in order to manage DNS, without any additional investment efficiently.
The global managed DNS services market is analyzed for the geographical segments of Asia-Pacific, Europe, and the Middle East & Africa, South America, and North America.
North America is expected to be the prime region for managed DNS services through the forecast period. This is attributable to the presence of several service providers in the region who are offering their services to local, as well as multinational clients.
Europe is expected to fetch the second-largest share of the global managed DNS services market over the forecast period. Within Europe, the UK is estimated to lead the country-specific managed DNS services market over the forecast period. The rising number of small and medium-sized enterprises are availing managed DNS services, hence contributing to market growth.
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Table of Contents:
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
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