World Managed DNS Services Market to Post 9.23% CAGR to 2027, States MRFR in Its In-Demand Report Published at MarketPublishers.com28 Jun 2017 • by Natalie Aster
LONDON – The increasing scientific and technological progress is generating novel developments in DNS environment. This advancement is propagating novel application fields in DNS service management like different industry sectors, institutes and Internet service providers. The expanding number of applications is shaping up a robust DNS system, which are delivering services for companies and self-operations.
The world managed DNS services market is projected to grow from USD 63.99 million as of 2016 to USD 169.02 million by 2027, registering a 9.23% CAGR in the years to come.
The key drivers of the growth in the market include the rise of converged cloud infrastructure, inexpensiveness of cloud infrastructure development, and massive investments by e-commerce businesses. Additionally, industrialisation and emerging managed DNS services in the developing economies are amid the key growth opportunities for the managed DNS services market through to 2027. Nevertheless, intricate features and inadequate channels of distribution are restraining the growth of the market.
Geography-wise, North America is the dominant market for managed DNS services, with Europe following after. The regional market is set to post a 7.91% CAGR from 2016 to 2027, reaching USD 43.36 million by the end of the period. However, APAC is the most rapidly growing market registering a 14.31% CAGR and increasing to USD 40.43 million by revenue by end-2027. The regional market is primarily fuelled by the growing markets for mobile device networking and data centers.
In-demand report “Global Managed DNS Services Market Research Report- Forecast 2023” elaborated by MRFR provides an all-round, unbiased analysis and forecast of the market globally.
The study segments the managed DNS service market by type, service provider, and based on region. It offers granular insights into the various factors having a bearing on the market growth; includes Porter’s five force analysis. The report contains detailed historical and forecasted revenue figures for the market segments and sub-segments pertaining to 4 leading geographies. The report offers an all-round analysis of the actual market size and speculates on the future prospects of the key country markets for managed DNS services; it provides a country-wise market analysis by segments and geography. The research provides detailed profiles of the top players in the marketplace, examining their core competencies as well as casting light on the overall competitive landscape. It also tracks and assesses competitive developments like JVs, strategic alliances, M&As, NPDs, and R&Ds in the world managed DNS services marketplace.
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