Global Managed DNS Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Managed DNS Services Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The Domain Name System (DNS) serves as the phone book for the Internet. As a distributed database that maps domain names and IP addresses to each other, it can make it easier for people to access the Internet. Managed DNS service is a service that provides operation and maintenance of domain name system servers. Managed DNS providers provide customers with computing power and facilitate their web-based traffic. These providers pool data center resources to support traffic across numerous customer websites, applications, and networks. Users access a web-based dashboard or desktop application that allows them to control DNS traffic to prevent failover, verify the identity of visitors, and manage DNS data.

Market Overview:

The latest research study on the global Managed DNS Services market finds that the global Managed DNS Services market reached a value of USD 597.77 million in 2022. It’s expected that the market will achieve USD 1473.82 million by 2028, exhibiting a CAGR of 16.23% during the forecast period.

Managed DNS Services Market Drivers

Today, driven by digital networks, business operations in various industries have become smoother and faster, enabling enterprises to grow exponentially and achieve their goals at a faster rate. Conversely, the rapid development of enterprises also requires more advanced digital technology services to support, and digital traffic is growing rapidly. Some service providers help network operators by providing managed DNS and traffic management services, thereby reducing the cost of global traffic management solutions. Hosted DNS service providers provide DNS management at a very affordable price, which helps small and medium-sized organizations manage DNS without additional costs. Large enterprises also use DNS services to manage their company's intranet. The ever-deepening digital development and ever-increasing digital traffic are driving the demand for managed DNS services and driving the growth of the global managed DNS service market.
A corporate website is indispensable for its normal operation and development. The usability of the website is also very important for companies to meet the growing demand for technology-savvy customers. As customers pay more and more attention to the speed, convenience, and overall experience of online products, companies need to improve the speed and reliability of their websites to meet the needs of customers to load web pages quickly, so as to maximize customer conversion rates. Although the managed DNS service has no direct impact on Internet speed, it does affect the loading speed of a single web page in a web browser. The managed DNS service provides a more resilient server network. By dynamically directing traffic, they can improve access to digital assets and reduce DNS load time. In addition, a hosted DNS load balancing service helps distribute the load of web access requests among multiple servers, thereby speeding up response time and preventing any loss of revenue due to page load delays. Managed DNS service can help enterprises meet the increasing demand of customers for fast loading of web pages. This factor has also promoted the growth of the managed DNS service market.
The effective operation of the DNS server requires comprehensive knowledge and skills to be updated with current powerful security measures and tools to keep the server running smoothly. However, malicious attempts such as distributed denial of service (DDoS) attacks and other threats can severely damage the availability and normal traffic of the target DNS server. Managed DNS providers can also provide security features such as Web Application Firewall (WAF), DDoS protection, web filtering, and anti-malware software. Therefore, managed DNS services can help companies resist the increasing threat of cyber-attacks. This factor has also promoted the development of the managed DNS service market to a certain extent.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

The top three companies are GoDaddy, Akamai and CloudFlare with the revenue market share of 21.65%, 17.77% and 10.13% in 2020.

GoDaddy is the world's largest service platform for global entrepreneurs. GoDaddy helps the world to easily start, grow confidently and successfully conduct online business. Its mission is to support the global community by providing them with all the help and tools they need to grow online.

Akamai provides a secure digital experience for large enterprises around the world. Akamai's intelligent edge platform covers everything from the enterprise to the cloud, ensuring that customers and their companies have a fast, intelligent and secure experience. Akamai brings decisions, applications, and experiences closer to users, helping users stay away from attacks and threats.

Segmentation Overview:

Among different product types, Cloud-based segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the BFSI segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Managed DNS Services market covered in Chapter 3:

Neustar (VeriSign)
Oracle
Microsoft
Verizon (Edgecast)
Alibaba cloud
AWS
GoDaddy
NS1
Cisco
DNS Made Easy
CloudFlare
Akamai
Google

In Chapter 4 and Chapter 14.2, on the basis of types, the Managed DNS Services market from 2018 to 2029 is primarily split into:

Cloud-based
On-premises

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Managed DNS Services market from 2018 to 2029 covers:

BFSI
Media & Entertainment
IT and Telecom
Healthcare & Life Sciences
Education
Public Sector
Retail & Consumer Goods

Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)