DNS Security Solution Market Report Overview
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The global DNS security solution market size is USD 885 million in 2022 and is projected to touch USD 1938.03 million by 2031, exhibiting a CAGR of 9.1% during the forecast period.
DNS (domain name system) security software is employed to protect DNS servers as well as the websites they serve. End-user online traffic is routed through filters capable of detecting malware signatures and other features of potentially harmful websites and media. By compiling a list of harmful websites and filtering out undesired content, DNS security solutions put an additional layer of safety between the user and the Internet. DNS security will reduce potential hazards and harmful attacks affecting the Domain Name System. DNS security is essential since it can offer a variety of benefits.
COVID-19 Impact: COVID-19 Underlying Condition Upsurged the Market Growth
The global COVID-19 pandemic has been unprecedented and staggering, with the DNS security solution market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to demand returning to pre-pandemic levels once the pandemic is over.
The COVID-19 virus has spread to a number of countries since December 2019. Network security has always been a dynamic field. We couldn't expect anything less with such a big shift to remote labor imposed by COVID-19. Network security is critical for any serious organization, and network security requirements for remote workers differ from those for on-site employees. But the truth is more complex. This seismic shift is being driven not only by technological requirements, but also by a shift in our cultural perception of data privacy. In addition to the work from home arena has positively affected the DNS security solution market share.
LATEST TRENDS
"DNS Security Extensions to Boost Market Growth"
DNSSEC (Domain Name System Security Extension) is a useful technique for protecting and validating DNS records. To authenticate a DNS query emanating from a legitimate source, it employs digitally signed key pairs (PKI). It will also authenticate the response to the DNS query. It signs all function as responses. A DNSSEC resolver uses signature checking to determine whether data from a trustworthy server matches the date on the authoritative DNS server. Otherwise, the application will be refused. DNSSEC was created to prevent DNS-using applications from accepting faked or altered DNS data, such as that generated through DNS cache poisoning. All DNSSEC-protected zone responses are digitally signed. A DNS resolver can determine if the data is similar that is unadulterated and accurate to the information posted by the zone administrator and served on an authoritative DNS server by validating the digital signature.
DNS Security Solution Market Segmentation
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- By Type
Based on type the DNS security solution market is classified as cloud-based, on-premises and others.
Cloud-based is the leading part of the type segment.
- By Application
Based on application the DNS security solution market is classified as large enterprises, SMEs, home users, and others.
Large enterprises is the leading part of the application segment.
DRIVING FACTORS
"Protection of Data in the Ever Growing Telecom Industry to Attract the Market Share"
A vast number of consumer data and information is created and stored within cellular telecommunication networks in the telecom business. This data contains the identity of the customer, payment and account information, and other private information. As a result, the telecom industry is a heavily targeted industry for network breaches and DNS-based assaults in order to acquire access to such crucial consumer data.
According to FMI data, approximately two-thirds of significant communication service providers globally have seen network-based cyber-attacks in 2021, with DNS intrusions being the most frequent. Due to network and service disruption, these assaults also had an impact on telco service continuity. Service outages and data breaches hurt the organization's brand and credibility, resulting in high customer attrition.in order to prevent DNS and cyber attacks globally the telecom industry are enacting the DNS security solutions, globally.
"Responsive Awareness in Terms of Cybersecurity to Witness Surplus Growth in Market"
DNS security is the technique of securing DNS infrastructure against cyberattacks so that it can continue to operate fast and reliably. A successful DNS security plan entails a number of overlapping barriers, such as deploying redundant DNS servers, implementing security protocols such as DNSSEC, and mandating extensive DNS logging. Cybercriminals are gaining access to organization networks by exploiting vulnerabilities and defects in order to steal essential data from applications, endpoints, and business servers. Hence the awareness regarding the cybersecurity is characterized as the driving factor of the DNS security solution market growth.
RESTRAINING FACTORS
"Uncertainty in the Speed of the Aircraft to Restrain the Market from Product Utilization"
The constraints, combined with technological improvements, expose DNS servers to a wide range of attacks, including spoofing, amplification, DoS (Denial of Service), and the interception of confidential personal information. Because DNS is used in almost all Internet requests, it can be a prime target for attackers. Attackers have devised a number of methods for targeting and exploiting DNS servers. However the breach and privacy of data can act as a restraining factor of the DNS security solution market.
DNS Security Solution Market Regional Insights
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"North American Region to Lead the Market with Presence of Major Security Vendor"
North America is estimated to have the greatest market share in the DNS security market in 2022. Early adoption of DNS security solutions, as well as the presence of significant network security vendors from across the world, fuel market the region's expansion. Organizations in the industrialized world are increasingly deploying DNS security solutions to detect and mitigate threats early on.
KEY INDUSTRY PLAYERS
"Prominent Manufacturers to Contribute Towards Expansion of Market"
The report is an extensive research which presents the historic and futuristic performance of industry with competitive landscape analysis which incorporates prominent key players, and revenue trends of industry. The report provides substantial analysis of company profiling, growth insights, supply-demand chain, production and consumption demand, business expansion strategies adopted by top key players. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and other factors.
List of Market Players Profiled
- Cisco (U.S.)
- OpenText (Webroot) (U.S.)
- TitanHQ (Ireland)
- DNSFilter (U.S.)
- MXToolBox (U.S.)
- Akamai (U.S.)
- Infoblox (U.S.)
- Comodo (U.S.)
- F5 Networks (U.S.)
- EfficientIP (U.S.)
- Bluecat (Canada)
- Neustar (U.S.)
- CSIS Security Group (Denmark)
INDUSTRY DEVELOPMENT
September 2021: Whalebone collaborated with F-Secure to develop and incorporate a multi-layered DNS security strategy to protect mobile devices and edge network devices from malicious network attacks.
August 2020: IGIT strategically worked with NS1 and Cisco to enable swift DNS security application deployments for their EMEA customers.
REPORT COVERAGE
The report anticipates a detailed analysis of the global market size at the regional and national level, the segmentation market growth and market share. The prime objective of the report is to help user understand the market in terms of definition, market potential, influencing trends, and the challenges faced by the market. Analysis of sales, the impact of the market players, recent developments, opportunity analysis, strategic market growth analysis, territorial market expansion, and technological innovations are the subject matter explained in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 885 Million in 2022 |
Market Size Value By |
US$ 1938.03 Million by 2031 |
Growth Rate |
CAGR of 9.1% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
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What value is the DNS security solution market expected to touch by 2031?
The global DNS security solution market is expected to reach USD 1938.03 million by 2031.
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What CAGR is the DNS security solution market expected to exhibit by 2031?
The DNS security solution market is expected to exhibit a CAGR of 9.1% by 2031.
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Which are the driving factors of the DNS security solution market?
Protection of data in the ever growing telecom industries and the rising awareness in terms of cybersecurity are the driving factors of the DNS security solution market.
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Which are the top companies operating in the DNS security solution market?
Cisco, OpenText (Webroot), TitanHQ, DNSFilter, MXToolBox, Akamai, Infoblox, Comodo, F5 Networks, EfficientIP, Bluecat, Neustar, CSIS Security Group and others.