DNS Security Software Market Analysis and Forecast to 2032: By Deployment Type (On-Premise, Cloud-Based), Organization Size (SMEs, Large Enterprises), and Region

DNS Security Software Market Analysis and Forecast to 2032: By Deployment Type (On-Premise, Cloud-Based), Organization Size (SMEs, Large Enterprises), and Region

The global DNS security software market was valued at US$ 1.2 billion in 2021 and it is anticipated to grow up to US$ 2.7 billion by 2031, at a CAGR of 8.4% during the forecast period.

Domain name system (DNS) security software is used to secure DNS servers and the websites it support. This software redirects end user web traffic through filters that identify malware signatures and other characteristics of potentially dangerous websites and media. DNS security software provides IT personnel with tools to classify websites, group devices, categorize users, and customize usage policies. Businesses use these tools to protect their employees’ endpoint devices and their own servers by blocking harmful content, media, and websites. DNS security software can also be used to prevent employees from accessing unapproved content in the workplace.

Global DNS Security Software Market Scope and Report Structure

Market Drivers and Trends

Cloud-based DNS security software provides multiple benefits to users through scalability, affordability, security, and resiliency, particularly by preventing Distributed Denial-Of-Service (DDoS) attacks. Benefits related to the cloud deployment of these software systems drive the DNS security software market. Additionally, cloud-based DNS helps enterprises configure the Domain Name System Security Extensions (DNSSEC), a method for authenticating DNS records and enabling protection against known attacks. Moreover, cloud-based DNS security software systems offer advanced traffic routings, facilitating round-robin, latency-based routing, geographic DNS, and geo-proximity routing to simple failover. Cloud-based DNS aid in better monitoring and visibility and make configuration changes easy and convenient for enterprises. Enterprises can scale up and down their working productivity with cloud deployment. Therefore, numerous small and medium enterprises (SMEs) believe cloud deployment to be the most effective deployment platform for DNS security software solutions.

Market Restraints and Challenges

In open source, developers take an existing Organization Size/program in the open-source market, make improvements, add features, and share their modifications with the community for everyone’s benefit. On the other side, closed source software (known as proprietary software) belongs to a company/individual that licenses the software and has sole rights to distribute the code.

While open-source software may be free to use in terms of price, furthermore, there are many other reasons open-source software can be the better choice overall for business needs, including access to a talented community of developers and the flexibility to integrate other pieces of technology within the software. Further, many good reasons why more companies are turning to open-source software exist. Firstly, expert developers continuously monitor and improve open-source software, catching and fixing bugs collaboratively. This leads to reliable, stable, and performant software that works across various environments. Secondly, open-source software is attractive for multiple businesses due to there are no up-front costs to download the code and start working with it. Thirdly, available source code leads to greater longevity and stability of the open-source product, as it can’t be phased out, such as proprietary software, which is at the mercy of a commercial vendor. Thus, the rising availability of open-source software is acting as a restraining factor for the closed source software manufacturers.

Global DNS Security Software Market Segmental Overview

The report analyses the global DNS security software market based on deployment type, organization size, and region.

Global DNS Security Software Market by Deployment Type

Based on deployment type, it is bifurcated into on-premise and cloud-based. The cloud-based segment is expected to have the largest DNS security software market share in 2021. Over the years, the demand for cloud-based systems is expected to grow substantially due to the cloud-based DNS security software offering enhanced flexibility, scalability, and security to its users. Further, it allows the end users to receive automatic software updates without additional capital expenditures, improving technology competitiveness. Due to these factors mentioned above, the cloud-based DNS security software is expected to receive the main market attraction resulting in market growth.

Global DNS Security Software Market by Organization Size

Based on organization size, it is bifurcated into SMEs and large enterprises. The large enterprises segment is expected to be the largest segment in the DNS security software market in 2021. Larger financial institutes are adopting DNS security software. For instance, in August 2021, according to the article published by Efficient IP, for protecting remote workers, the financial services sector is the most likely industry to consider implementing private DoH (DNS over HTTPS), with 56% of surveyed institutions affirming this. Using DoH from public providers is causing concerns with regards to privacy. A private DoH solution overcomes these concerns as it ensures all DNS traffic from users and devices uses the organization’s infrastructure, thus allowing for better security, filtering and observability. Thus, the large enterprises segment will likely hold a major market share in 2021.

Geographical Analysis of Global DNS Security Software Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The North America market is expected to hold the majority of the market share in 2021. North America is one of the advanced regions regarding IT adoption. Further, the ongoing implementation of hybrid working styles and increasing adoption of DNSSEC solution in North America are presenting significant potential for the growth of the DNS security software market players. Additionally, the software developers of DNS security software are mostly present in North American region. This, in turn, boosts the demand for DNS security software in the North American region.

Major Players in the Global DNS Security Software Market

The key players studied in the global DNS security software market are Akamai Technologies (US), Cloudflare, Inc. (US), Comodo Security Solutions, Inc. (US), DNSFilter Inc. (US), DomainTools LLC (US), Efficient IP (US), Open Text Corporation (Canada), Palo Alto Networks Inc. (US), ScoutDNS, LLC (US), and TitanHQ (Ireland).

COVID-19 Impact

In 2020, the COVID-19 pandemic had positively impacted the growth of the DNS security software market, as millions of employees were asked to do work from home by their companies. As employees accessed corporate systems through the less-secure home and public Wi-Fi networks, the remote working practices led to a surge in queries for DNS, further increasing cyber-attacks targeting DNS and boosting the demand for DNS security software.

Recent Developments

June 2022, Akamai Technologies, Inc. revealed three new research reports at the RSA Conference 2022. These in-depth reports focus on three of the most critical areas of web security, including ransomware, web applications & APIs, and DNS traffic.

July 2021, DNSFilter had secured US$ 30 million in Series A funding from Insight Partners.

June 2021, DNSFilter announced integration with Zapier and a new one-click application blocking feature, alongside the launch of a new feature, AppAware, that will allow for blocking commonly used applications like Facebook, Netflix, or BitTorrent with a single click.



Frequently Asked Questions

Q1. How big is the DNS security software market?

Ans. The global DNS security software market size was US$ 1.2 billion in 2021 and is anticipated to reach US$ 2.7 billion in 2031, growing at a rate of 8.4% from 2022 to 2031.

Q2. What is the DNS security software market growth rate?

Ans. The growth rate of the DNS security software market is 8.4% from 2022 to 2031.

Q3. Which region holds a major market share for the DNS security software market?

Ans. North America holds a major market share of the DNS security software market in 2021.

Q4. Which segment accounted for the largest DNS security software market share?

Ans. Based on deployment type, it is bifurcated into on-premise and cloud-based. The cloud-based segment is expected to have the largest DNS security software market share in 2021.

Q5. Who are the key players in the DNS security software market?

Ans. The global DNS security software market report includes players such as Akamai Technologies (US), Cloudflare, Inc. (US), Comodo Security Solutions, Inc. (US), DNSFilter Inc. (US), DomainTools LLC (US), Efficient IP (US), Open Text Corporation (Canada), Palo Alto Networks Inc. (US), ScoutDNS, LLC (US), and TitanHQ (Ireland).

Q6. What are the factors driving the DNS security software market growth?

Ans. The major factor driving the growth of the market is benefits of cloud-based DNS solutions.

Q7. What are the key growth strategies of DNS security software market players?

Ans. The key growth strategies of DNS security software market players are product launch, partnerships, and government initiatives.

Q8. Which region will provide more business opportunities for the DNS security software market during the forecast period?

Ans. The Asia Pacific region will provide more business opportunities for the DNS security software market during the forecast period.

Please Note: This report will be delivered by publisher within 3-4 business days of order confirmation.