Managed Domain Name System (DNS) Services Market Growing at a CAGR 18.3% | Key Player AWS, Cloudflare, DNS Made Easy, GoDaddy, Neustar

August 06 00:35 2020
Managed Domain Name System (DNS) Services Market Growing at a CAGR 18.3% | Key Player AWS, Cloudflare, DNS Made Easy, GoDaddy, Neustar

AWS (US), Cloudflare (US), DNS Made Easy (US), GoDaddy (US), Neustar (US), NS1 (US), Microsoft (US), Oracle (US), CloudfloorDNS (US), DNSimple (US), Akamai (US), CDNetworks (US), Google (US), ClouDNS (Bulgaria), easyDNS (Canada), Netriplex (US), No-IP (US), PointDNS (Ireland), StackPath (US), VerizonMedia (US), EuroDNS (Luxembourg),
Managed Domain Name System (DNS) Services Market by DNS Service, DNS Server (Primary Servers and Secondary Servers), Deployment Mode (Cloud and On-premises), End User (Service Providers and Enterprises), and Region – Global Forecast to 2025

The Managed DNS Services Market size is projected to grow from USD 372 million in 2020 to USD 862 million by 2025, at a Compound Annual Growth Rate (CAGR) of 18.3% during the forecast period. Major factors driving the growth of the Managed DNS market include the proliferation of web traffic and domain registrations across consumers, growing DDoS attacks in the businesses, low cost associated with managed DNS services, and improve customer experience.

The managed DNS services cloud segment to record a larger market size during the forecast period

The Managed DNS services cloud-based solutions work with the SaaS model, wherein users can virtually access services using the internet. In this deployment type, DNS services are delivered via cloud. The advantages of the cloud deployment type include flexibility, scalability, affordability, operational efficiency, and the low-cost factor. The cloud model enables to deploy fully redundant servers and install connections to multiple ISPs to ensure uninterrupted services in the event of equipment failures or network outages.

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Based on cloud deployment type, the hybrid cloud segment to record the highest growth rate during the forecast period

Hybrid cloud is expected to grow since the cloud deployment model offers more control, reduced risks, cost-efficiency, and better performance. Additionally, it provides the usage friendly, versatility, and cost-effective features of the public cloud, and greater control and security offered by the private cloud. The hybrid cloud model enables enterprises to move their sensitive data to the private cloud, without compromising on security, and non-sensitive data to the public cloud.

Key and innovative vendors in the managed DNS service market include AWS (US), Cloudflare (US), DNS Made Easy (US), GoDaddy (US),  Neustar (US), NS1 (US), Microsoft (US), Oracle (US), CloudfloorDNS (US), DNSimple (US), Akamai (US), CDNetworks (US), Google (US),  ClouDNS (Bulgaria), easyDNS (Canada), Netriplex (US), NoIP (US), PointDNS (Ireland), StackPath (US), VerizonMedia (US), EuroDNS (Luxembourg), RAGE4 (Ireland), NuSEC (US), Gransy (Czech Republic), F5 (US), and Total Uptime (US).

Godaddy operates across five regions with 19.3 million customers and mainly caters to independent (micro-businesses and noncommercial businesses); partners (web designers and developers); and domain registrars and investors. GoDaddy’s key business solutions include domain (primary registrations, aftermarket, and domain name add ons), hosting and presence (shared website hosting, website hosting on Virtual Private Servers (VPSs) and virtual dedicated servers, managed hosting, security, social media management, and websites and marketing), and business applications (Microsoft 365 support, email accounts, email marketing, and telephony). GoDaddy offers premium DNS services that ensure the easy management of DNS servers using the Anycast DNS network

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DNS Made Easy is one of the leading providers in managed DNS services. The firm offers expertise in primary or secondary DNS services, DNS failover with system monitoring, GeoDNS, and proprietary ANAME among others. It consists of 16 PoPs, over 1,000 Nameservers, and hundreds of gigabits of connectivity. It also offers 99.999999% uptime with a 500% back SLA. It answers queries in 30 milliseconds and manages customer domains receiving more than 30 billion queries per day. It also protects end users from cyberattacks with the DNS analytics platform that offers features such as account analytics, domain analytics, Real-Time Statistics (RTS), and query logging.

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