Organizations Learning to Leverage Benefits of Cloud-Based Solutions Through DNS Service Market, says Market.us

Nikhil Randhe
Nikhil Randhe

Updated · Jan 30, 2023

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The accessibility of websites is crucial for companies to keep up with the ever-growing demands of tech-savvy clients. The managed DNS market could be profitable soon due to increasing internet access and the growing number of mobile subscribers.

The increasing demand for information security in rapidly evolving industries like telecommunications & IT as well as government and interest, is reviving the need for DNS platforms and services across the globe. 

A rapid increase in the use of cloud-based and integrated surveillance and the introduction of ITOS and granularity, as well as the cost-effective use of DNS among the major factors expected to boost the market expansion.

According to research by Market.us, “The Global DNS Service Market was valued at USD 0.43 billion in 2022. It is expected to grow at an 18.3% CAGR and reach USD 2.31 billion between 2022 and 2032.” 

DNS Service Market Growth

Anurag Sharma, a senior research analyst at Market.us, said, “The increasing volume of traffic on the internet and the increasing demand for speedy loading of web pages are leading to market expansion. While a managed DNS service has no direct effect on Internet speeds, the service does influence the speed at which particular page loads in a browser.”

Enterprises as well as organizations are embracing cloud-based solutions due to their benefits, including remote accessibility, backup of data, and real-time data availability. Cloud on DNS is a flexible reliable, secure, and trusted Domain Name System (DNS) service that has low latency as well as high availability. 

It’s an affordable way to create software and applications. It can convert requests for domain names to IP addresses with ease. However, IPv6 on DNS is ideal for IoT because a variety of new high-level protocols for networks have been designed to be useful for IoT. The increasing use of cloud services and IoT will propel the market to DNS service.

Additionally, the managed DNS load balancing helps to spread a web access request’s load over many servers, thus improving the speed of response and making sure that there is no loss of revenue that could result from delays in loading pages.

The increasing demand for knowledge security in rapidly developing business verticals like telecommunications and IT government and increasing attention to the issue is fuelling global demand for DNS platforms and services. 

The growing number of e-businesses has increased the demand for domain names written in records, and the cost-effectiveness of DNS services is likely to boost market expansion across the globe. In addition, the development of new technology for web applications, such as 4G technology, will propel market expansion in the near future.

The availability of open sources of DNS servers is among the factors that restrict the DNS Service market. There are many open-source DNS servers available on the internet. For instance, Google Public DNS Server, which provides faster browsing and security, could pose a threat to paid servers. 

Similarly to that, the existence of servers like Comodo Secure DNS, Quad9 Verisign DNS, and Comodo Secure DNS will be the main obstacles to the expansion of the DNS Service market in the future.

The rise of e-commerce has led to a rise in demand for domain names written in the record, and the cost of DNS services is predicted to drive market expansion across the globe. Furthermore, the emergence of new web technologies, such as 4G and 5G technology, will likely be driving market growth in the near future.

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Nikhil Randhe

Nikhil Randhe

I am Nikhil, working as a Digital Marketing Associate at Prudour Pvt Ltd. I did a Master's in Digital Marketing and worked in a Core SEO team. I an passionate about Digital Marketing with skills such as Search Engine Optimisation, Search Engine Marketing, Google Analytics, etc.