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. The growing number of internet users globally is a significant driver for the demand for managed DNS. As more businesses establish an online presence, reliable and efficient DNS services become crucial.
Various globally established players, such as AWS (US), Cloudflare (US), DNS Made Easy (US), GoDaddy (US), Vercara (US), Akamai (US), CDNetworks (US), Microsoft (US), NS1 (US), Oracle (US), are dominating the managed DNS market. To increase their market share in the managed DNS market, these competitors have used various growth methods, including partnerships, agreements, collaborations, new product releases, product enhancements, and acquisitions.
Amazon Web Services (AWS) is one of the world's leading players in cloud computing services. AWS is a prominent player in the managed DNS market through its Amazon Route 53 offering. Route 53 is a highly scalable and available Domain Name System (DNS) web service, integral to AWS's extensive cloud service portfolio. This service enables users to register and manage domain names while providing sophisticated routing and traffic management capabilities. Users can configure policies for routing based on factors like latency, geography, and endpoint health, optimizing the end-user experience. Amazon Route 53 includes health checks, security measures like DNS query logging and DNSSEC support, and seamless integration with AWS IAM for enhanced security. With a global network of edge locations, Route 53 ensures low-latency DNS resolution worldwide.
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Cloudflare is one of the leading providers of web performance, internet security, DNS infrastructure, and CDN solutions across the globe. With a global Anycast network, Cloudflare's DNS service ensures optimal response times and high availability by directing queries to the nearest data center. Renowned for its swift resolution speeds, the DNS service is complemented by a suite of security features, including DDoS protection and a Web Application Firewall. Cloudflare goes beyond DNS, offering a Content Delivery Network (CDN) for accelerated content delivery and SSL/TLS encryption for enhanced security. The company's foray into edge computing aligns with the growing trend in the industry. In a competitive landscape that includes major cloud providers and specialized DNS services, Cloudflare distinguishes itself through continuous innovation, a commitment to zero-trust security, and adaptability to the evolving needs of businesses adopting hybrid and multi-cloud strategies.
Related Reports:
Managed Domain Name System (DNS) Market by DNS Service, DNS Server (Primary Servers and Secondary Servers), Cloud Deployment, End User, Enterprise (BFSI, Retail & eCommerce, Media & Entertainment, Healthcare) and Region - Global Forecast to 2028
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