Managed DNS Service Market Size – USD 388.4 Million in 2020, Market Growth – at a CAGR of 17.2%, Market Trends – Proliferation of Internet and need for faster page loading
The report clearly defines the Managed DNS Service market position on a global level. The detailed insights into the market’s geographical spectrum offered by the report make it an excellent source of knowledge about the Managed DNS Service industry.
Steady market revenue growth can be attributed to increasing incidence of Distributed Denial Of Service (DDoS) attacks. A distributed denial of service gains from serval security vulnerabilities in systems and directs large web traffic to a web-based application or website. Such attacks may cause servers to crash and make the web application or website unusable, thereby impacting customer service and leading to substantial revenue loss. Managed DNS providers offer several benefits such as improved security for large-scale attacks and failover DNS strategy, and improved performance, enabling smooth operation and performance of website/web app.
The Global Managed DNS Service Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period.
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Key Market Dynamics: The global Managed DNS Service market research report details on the ongoing market trends, development outlines, and several research methodologies. It illustrates the key factors that directly manipulate the market, for instance, production strategies, development platforms, and product portfolio. According to our researchers, even minor changes within the product profiles could result in huge disruptions to the above-mentioned factors. Each of these factors has been elaborately discussed in the initial segment of the study.
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Some Key Highlights From the Report
- Secondary severs are primarily used to offer redundancy in the event of a primary server going down and in absence of a secondary sever, the failure of a primary server would render a website unavailable through its human-understandable domain name. Also, a secondary server is beneficial in distributing the load between primary and secondary servers.
- In large retail enterprises, presence of several retail shop translates to countless requests to web servers, thereby driving demand for managed DNS service for traffic handling and to enable faster loading of webpages, irrespective of customers’ current location. Managed DNS service for large retail companies can manage vast traffic flow and offers excellent security.
- Managed DNS service market in Europe accounted for second-largest market share in 2020, attributed to a growing number of SMEs using managed DNS services for their website. In addition, growth of retail, banking and financial services, and IT and telecommunications sectors in spurring market growth in the region.
- Key players in the market include GoDaddy Inc., Microsoft Corporation, Amazon Web Services, Oracle Corporation, Akamai Technologies Inc., Cloudflare Inc., NuSEC LLC, Google LLC, CDNetworks, and CloudfloorDNS.
The findings of the report explain various aspects of the market, such as market status, developmental prospects, key regional segments, renowned market players, product offerings, end-use industries.
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Geographical Terrain of the Global Managed DNS Service Market:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
The global Managed DNS Service market is segmented based on product types offered in the market, their applications, end-user industries, different types of technologies, and key regions of the market.
- Service Type Outlook (Revenue, USD Million; 2018–2028)
- DDoS Protection
- GeoDNS
- Anycast Network
- Others
- Server Type Outlook (Revenue, USD Million; 2018–2028)
- Primary Server
- Secondary Server
- Mode of Deployment Outlook (Revenue, USD Million; 2018–2028)
- On-Premises
- Cloud
- End-Use Outlook (Revenue, USD Million; 2018–2028)
- IT & Telecommunication
- Retail
- BFSI
- Healthcare
- Media & Entertainment
- Education
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Key Questions You Asked:
- What is the growth rate of the Managed DNS Service market? What is the anticipated market valuation of the Managed DNS Service industry by 2028?
- What are the key growth driving and restraining factors of the Managed DNS Service market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Managed DNS Service industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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