The global DNS Security Software market is estimated to record a CAGR of around 9.8% during the forecast period
Evolve Business Intelligence has published a half-cooked research report on the Global DNS Security Software Market, 2021–2030. The global DNS Security Software market is projected to exhibit a CAGR of around 9.8% during the forecast period of 2022 to 2030.
Evolve Business Intelligence has recognized the following companies as the key players in the global DNS Security Software market: Akamai Technologies, Canadian Internet Registration Authority (CIRA), Comodo, Security Solutions, Inc., DNSFilter Inc., DomainTools, Efficient IP, HelpSystems, Open, Text Corporation, ScoutDNS, LLC, and TitanHQ.
Market Highlights
The global DNS Security Software market is projected to be valued at $2.31 Billion by 2030, recording a CAGR of around 9.8% during the forecast period. DNS security software creates an acuteness in the network and can prevent attacks and malware. Organizations can use these systems to take control of their DNS. DNS security solutions are becoming more popular because of how easy they are to use. DNS monitoring allows you to inspect email traffic and make website requests to check whether the data is secure. DDoS attacks can be detected and blocked by taking advantage of dynamic network traffic for data exfiltration via DNS tunneling. In the next-generation firewall, an intrusion prevention system is built in to provide security.
The COVID-19 pandemic forced people to work remotely, which led to a significant increase in the market for DNS Software. The increased demand led to companies developing more efficient software that could cover a large amount of ground. As the market grew, firms started to offer new features and faster speeds, which allowed more people to use the internet securely. Increased awareness amongst the users and the organizations about the cyber threats drove the market through the pandemic. Also, increased adoption of cloud computing help boosts the demand.
Segmental Analysis
The global DNS Security Software market has been segmented based on the type, application, and region.
By Type, the DNS Security Software market is segmented based on Cloud-Based and On-Premises. The Cloud-Based segment dominates the market. Cloud-based DNS security services analyze many different parameters to determine if a user’s computer is experiencing suspicious activity. The major advantage of this type is that it works in real-time with no need for constant updates or supervision by the admin. Cloud-Based DNS Security Services provide a more secure system by using various cloud technology.
Based on Application, the DNS Security Software market is segmented based on Large Enterprises, SMEs, and Home Users. The SMEs segment is anticipated to hold the largest market owing to the increasing need to streamline business processes cost-effectively. Most SMEs have not yet adopted DNS security software, but recent improvements to the technology and lower cost of infrastructure make it a more attractive option. A lot of these SMEs are also projecting that adoption of this software in the near future will increase.
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Regional Analysis
The DNS Security Software market is divided into six regions: North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. The North American region is projected to dominate the global DNS Security Software market. This dominance in the global market is due to the heavy penetration of technology and the increased number of cyber-attacks across all sectors. Moreover, with the presence of major players in the region, the market is expected to grow at a rapid pace. However, due to a rise in internet traffic in developing countries like China and Japan, Asia-Pacific is expected to outstrip all other areas by clocking the highest CAGR. The DNS Security Software business in Europe has been consistently growing. Increasing government initiatives and lucrative online business opportunities are key factors responsible for the growth of the DNS Security Software Market in the Middle East, Africa, and Latin American region.
