The DNS security software market size is projected to reach US$ 3.21 billion by 2030 from US$ 1.3 billion in 2022. The market is expected to register a CAGR of 11.9% during 2022–2030. An increasing number of DNS-based attacks and the rising adoption of cloud-based DNS solutions are likely to remain key trends and drivers in the market.
The demand for the DNS Security Software market is anticipated to grow with the increasing number of domain name systems-based attacks, rising adoption of cloud-based DNS solutions, and implementation of comprehensive cyber security policies are driving the DNS security software market. Moreover, the implementation of hybrid working styles and strategic initiatives by key market players are anticipated to drive market growth in the coming years.
Domain Name System (DNS) security stand for to the technique of defending DNS infrastructure from cyberattacks. It ensures the DNS infrastructure is performing efficiently and reliably. This needs establishing redundant DNS servers, utilising security technologies like domain name system security extensions (DNSSEC), and mandating stringent DNS logging. A DNS is a gathering of domain names and their associated IP addresses. It is often contrasted to a phone book, which bonds the names of people with their phone numbers. Similarly, a DNS confirms a browser understands that when a user types in cnn.com in the URL bar, for instance, they get sent to the news company’s IP address.
The most complete protective DNS security solution is easy to implement, completely from the cloud, with no new hardware or software needed. Stop 95% of threats & meet regulatory compliance requirements. Further, cloud DNS uses anycast to serve managed zones from multiple locations around the world for high availability. Requests are automatically routed to the nearest location, reducing latency and improving authoritative name lookup performance for the users. The cloud-based DNS solutions have several advantages, such as dedicated DNS design and management resources, global performance and scalability, high availability, strong security, easy-to-use APIs, and others. Thus, the increasing adoption of cloud-based DNS solutions is fueling the DNS security software market growth.
Strategic initiatives by key market players are anticipated to drive the market in the coming years. Strategic initiatives such as partnerships, mergers and acquisitions, and others. For instance, Strengthening its Cyber portfolio, BD Software, one of the biggest IT Security Distributors in India, introduced US based Safe DNS, cloud-based web filtering solutions into the Indian markets. Taking into account the rising threats in the cyber space, amid and post Covid-19, the solutions by Safe DNS shall help to safeguard Indian consumers/businesses against cyber threats and attacks and objectionable content on the internet. Thus, strategic initiatives by key market players are fueling the market growth.
Key segments that contributed to the derivation of the DNS security software market analysis are deployment and enterprise size.
The geographic scope of the DNS security software market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the market. North America comprises countries such as the US, Canada, and Mexico. The region is experiencing significant growth owing to factors such as the identification and blocking of high-risk traffic, and benefits offered using cloud-based DNS security solutions are influencing the growth in the region. Moreover, a strong emphasis on research and development is leading to technological development in North America. Additionally, there are several software providers in North America. Thus, considering the above parameters, the market is gaining traction in North America.
The regional trends and factors influencing the DNS Security Software Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses DNS Security Software Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1.3 Billion |
Market Size by 2030 | US$ 3.21 Billion |
Global CAGR (2022 - 2030) | 11.9% |
Historical Data | 2020-2021 |
Forecast period | 2023-2031 |
Segments Covered |
By Deployment
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The DNS Security Software Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the DNS Security Software Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The DNS security software market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the DNS security software market are listed below:
The “DNS Security Software Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:
The List of companies - DNS Security Software Market
The expected CAGR of the DNS security software market is 11.9%.
The global DNS security software market is expected to reach US$ 3.21 billion by 2030.
The key players holding majority shares in the global DNS security software market are Akamai Technologies Inc, Comodo Security Solutions, Inc, DNSFilter Inc., DomainTools, Efficient IP, OpenText Corporation, ScoutDNS, LLC, TitanHQ, Avast Software s_r.o., Cisco Systems Inc.
North America is anticipated to dominate the DNS security software market in 2022.
An increasing number of DNS DNS-based attacks and the rising adoption of cloud-based DNS solutions are some of the factors driving the DNS security software market.
The increasing adoption of DNSSEC is anticipated to drive the market in the forecast period.