Managed DNS Services Market 2019 Receives a Rapid Boost in Economy due to High Emerging Demands in Industry Growth by Forecast to 2025
Updated on Nov 19, 2019
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Managed DNS Services Market Scenario:
Provision of data network services is witnessed to upscale at a substantial rate. This is due to the dependency of the market on demand for query free, secure, and user-friendly cloud environment for the transmission of data. The managed DNS services aim at the reduction of complexity of data traffic maintenance and control, along with a rising number of queries that have occurred while requesting the domain name from the internet service provider. Furthermore, the expansion of economies and the demand for risk-free data center infrastructure, with growing government concerns towards data security, along with increasing threat for cyber-attacks, is expected to propel the market growth.
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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Major Key Player:
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 services market has been analyzed for several segments to arrive at an insightful analysis. Such market segmentation has been done on the basis of service type, organization size, end-users, and region. Based on service type, the managed DNS services market is segmented into premium/advance DNS, DDos protected DNS and GeoDNS. Among these, the DDoS protect DNS segment is expected to grow at the fastest rate over the forecast period. Owing to the upscaling DDoS attack, enterprises are turning managed DNS services. Managed DNS service providers are known to offer protection against DDoS attack, migration services, as well as DNS fail over services, zone-based routing, and location-based routing, to aid enterprises with efficient DNS management.
Based on organization size, the global managed DNS market is segmented into small and medium enterprises and large enterprises. Small and medium-sized enterprises are expected to demand higher managed DNS services owing to its cost-effectiveness and comprehensiveness.
Detailed Regional Analysis:
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.
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Oct 2019: NS1 recently announced that it secured around USD 33 million in a Series C funding to provide DNS services to applications and websites.
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