Managed DNS Market worth $1.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Dec. 20, 2023 /PRNewswire/ -- Increased emphasis on security, edge computing integration, automation and artificial intelligence, and improved analytics are expected to characterise the managed DNS industry going forward. A dynamic landscape shaped by new technologies and cybersecurity trends may potentially influence the development of Managed DNS services. These factors include the adoption of Zero Trust principles, support for IPv6, possible partnerships with CDN providers, and blockchain integration.

The Managed DNS Market size is projected to grow from USD 0.6 billion in 2023 to USD 1.3 billion by 2028, at a CAGR of 18.1% during the forecast period, according to a new report by MarketsandMarkets™. The migration of applications and services to the cloud has led to increased demand for DNS solutions that seamlessly integrate with cloud environments. Managed DNS can provide the scalability and flexibility needed in cloud-based infrastructures.

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Scope of the Report

Based on cloud deployment, the public cloud segment holds the largest market size during the forecast period

Public cloud refers to using cloud computing equipment on a publicly accessible platform outside suppliers supply. Organizations choose managed DNS to outsource the operational complexities of DNS management. DNS converts human-readable domain names into machine-understandable IP addresses. When hosted on public clouds, these services take advantage of resilient redundancy, worldwide distribution, and scalability. Public cloud platforms' scalability enables resources to be dynamically adjusted in response to fluctuating demand, guaranteeing peak performance even during periods of high traffic. Managed DNS in a public cloud can give users in various geographic areas low-latency responses thanks to data centers that are thoughtfully dispersed worldwide.

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Based on cloud deployment, the hybrid cloud segment is expected to grow with the highest CAGR during the forecast period

Hybrid cloud configuration seamlessly blends the advantages of both private and public cloud environments. This approach, combining on-premises infrastructure, private cloud resources, and public cloud services, facilitates a dynamic and flexible DNS management strategy. The hybrid model allows organizations to scale their DNS infrastructure efficiently, ensuring adaptability to changing demands and traffic patterns. Security and control are addressed through the ability to maintain sensitive data and applications in a private cloud or on-premises environment while leveraging the scalability of public cloud resources for DNS services. The distributed nature of a hybrid cloud architecture contributes to redundancy and disaster recovery, enhancing the resilience and availability of critical DNS components.

Asia Pacific is expected to grow with the highest CAGR during the forecast period

The Managed DNS Market in the Asia Pacific region has grown significantly. There is a noticeable trend of businesses in diverse sectors embracing managed DNS solutions to bolster their online presence, enhance website performance, and fortify cybersecurity measures. Leading market players such as AWS, Cloudflare, Akamai, and NS1 are actively expanding their service portfolios and forging strategic alliances to meet the escalating demand for secure and efficient DNS services in the region. The surge in adoption is notably driven by security considerations, with a particular emphasis on mitigating DDoS attacks and addressing DNS-related threats. Moreover, there is a growing preference for solutions offering low latency and high-performance DNS resolution to optimize user experiences. The competitive landscape is witnessing ongoing innovations in DNS technologies, prioritizing reliability, scalability, and advanced threat intelligence. Vendors are also attuned to regional data protection regulations, reflecting a nuanced approach across various Asia Pacific countries.

Top Key Companies in Managed DNS Market:

The Managed DNS Market comprises major providers, such as AWS (US), Cloudflare (US), DNS Made Easy (US), GoDaddy (US), Vercara (US), Akamai (US), CDNetworks (US), Microsoft (US), NS1 (US), Oracle (US), CloudfloorDNS (US), Google (US), F5 (US), No-IP (US), Netriplex (US), easyDNS (Canada), ClouDNS (Bulgaria), DNSimple (US), EuroDNS (Luxembourg), Gransy (Czech Republic), BlueCat (Canada), NuSEC (US), Rage4 (Ireland), StackPath (US), Total Uptime (US), PowerDNS (Netherlands). These competitors have used various growth methods to increase their market share in the managed DNS industry, including partnerships, agreements, collaborations, new product releases, product enhancements, and acquisitions.

Recent Developments

• In April 2023, IBM acquired NS1. With the acquisition, IBM is adding core networking services, including NS1's managed DNS capabilities, to its growing portfolio of network automation software.
• In February 2023, CDNetworks announced support for QUIC and HTTP/3, to enhance the company's capabilities in web application performance and improve the efficiency of network transmissions.
• In February 2022, Cloudflare acquired Vectrix, to help businesses gain visibility and control of their applications. V Citrix enhances Cloudflare's existing Zero Trust platform, Cloudflare One, by allowing security teams to scan third-party tools–including Google Workspace, GitHub, and AWS–to detect and mitigate issues such as inappropriate file sharing and user permission misconfigurations.
• In July 2022, NS1 announced two new supports for DNS record types: SVCB ("service binding") and HTTPS (Hypertext Transfer Protocol Secure).
• In September 2022, Cloudflare announced Turnstile, a simple, private way to replace CAPTCHA (Completely Automated Public Turing test to tell Computers and Humans Apart) and help validate humanity across the Internet.

Managed DNS Market Advantages:

• Advanced worldwide server networks and optimised routing algorithms are frequently used by managed DNS services, which improves the speed and responsiveness of website performance. By sending user queries to the closest server, latency is decreased.
• Generally, geographically dispersed and redundant server architecture is provided by managed DNS providers, which improves DNS resolution's overall availability and dependability. This reduces the possibility of network problems or server outages causing downtime.
• With the help of carefully positioned servers all around the world, managed DNS services guarantee that customers from various geographical regions receive the fastest possible response times. For a wide range of users, this worldwide dissemination enhances the overall user experience.
• Distributed Denial of Service (DDoS) mitigation features are available from several managed DNS providers. The security and resilience of DNS services can be improved by these services' ability to absorb and lessen the effects of DDoS attacks by utilising their network architecture.
• Traffic load balancing is made possible by managed DNS, which routes user requests to different servers according on their proximity and current load. This optimises performance during traffic surges by ensuring effective resource utilisation and preventing server overloads.
• In order to improve the authenticity and integrity of DNS data, managed DNS services frequently incorporate security features like DNS Security Extensions (DNSSEC). Providers may also put safeguards in place to guard against DNS cache poisoning and other threats linked to DNS.
• Scalability is provided by managed DNS services to meet the demands of expanding internet services and rising traffic. For companies expanding or seeing seasonal variations in website traffic, this scalability is essential.

Report Objectives

• To determine, segment, and forecast the global Managed DNS Market based on DNS service, DNS server, cloud deployment, end user, enterprise, and region in terms of value.
• To forecast the size of the market segments to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
• To provide detailed information about the major factors (drivers, opportunities, threats, and challenges) influencing the growth of the Managed DNS Market.
• To study the complete value chain and related industry segments and perform a value chain analysis of the Managed DNS Market landscape.
• To strategically analyze the macro and micro markets to individual growth trends, prospects, and contributions to the total Managed DNS Market.
• To analyze the industry trends, pricing data, patents, and innovations related to the Managed DNS Market.
• To analyze the opportunities for stakeholders by identifying the high-growth segments of the Managed DNS Market.
• To profile the key players in the market and comprehensively analyze their market share/ranking and core competencies.
• To track and analyze competitive developments, such as mergers & acquisitions, product launches & developments, partnerships, agreements, collaborations, business expansions, and Research & Development (R&D) activities.

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