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The global DNS security software market was valued at US$ 1.2 billion in 2021 and it is anticipated to grow up to US$ 2.7 billion by 2031, at a CAGR of 8.4% during the forecast period.
Domain name system (DNS) security software is used to secure DNS servers and the websites it support. This software redirects end user web traffic through filters that identify malware signatures and other characteristics of potentially dangerous websites and media. DNS security software provides IT personnel with tools to classify websites, group devices, categorize users, and customize usage policies. Businesses use these tools to protect their employees’ endpoint devices and their own servers by blocking harmful content, media, and websites. DNS security software can also be used to prevent employees from accessing unapproved content in the workplace.
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Market Drivers and Trends
Cloud-based DNS security software provides multiple benefits to users through scalability, affordability, security, and resiliency, particularly by preventing Distributed Denial-Of-Service (DDoS) attacks. Benefits related to the cloud deployment of these software systems drive the DNS security software market. Additionally, cloud-based DNS helps enterprises configure the Domain Name System Security Extensions (DNSSEC), a method for authenticating DNS records and enabling protection against known attacks. Moreover, cloud-based DNS security software systems offer advanced traffic routings, facilitating round-robin, latency-based routing, geographic DNS, and geo-proximity routing to simple failover. Cloud-based DNS aid in better monitoring and visibility and make configuration changes easy and convenient for enterprises. Enterprises can scale up and down their working productivity with cloud deployment. Therefore, numerous small and medium enterprises (SMEs) believe cloud deployment to be the most effective deployment platform for DNS security software solutions.
Market Restraints and Challenges
In open source, developers take an existing Organization Size/program in the open-source market, make improvements, add features, and share their modifications with the community for everyone’s benefit. On the other side, closed source software (known as proprietary software) belongs to a company/individual that licenses the software and has sole rights to distribute the code.
While open-source software may be free to use in terms of price, furthermore, there are many other reasons open-source software can be the better choice overall for business needs, including access to a talented community of developers and the flexibility to integrate other pieces of technology within the software. Further, many good reasons why more companies are turning to open-source software exist. Firstly, expert developers continuously monitor and improve open-source software, catching and fixing bugs collaboratively. This leads to reliable, stable, and performant software that works across various environments. Secondly, open-source software is attractive for multiple businesses due to there are no up-front costs to download the code and start working with it. Thirdly, available source code leads to greater longevity and stability of the open-source product, as it can’t be phased out, such as proprietary software, which is at the mercy of a commercial vendor. Thus, the rising availability of open-source software is acting as a restraining factor for the closed source software manufacturers.
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Global DNS Security Software Market Segmentation
By Deployment Type
- On-Premise
- Cloud-Based
By Organization Size
- SMEs
- Large Enterprises
Major Players in the Global DNS Security Software Market
The key players studied in the global DNS security software market are Akamai Technologies (US), Cloudflare, Inc. (US), Comodo Security Solutions, Inc. (US), DNSFilter Inc. (US), DomainTools LLC (US), Efficient IP (US), Open Text Corporation (Canada), Palo Alto Networks Inc. (US), ScoutDNS, LLC (US), and TitanHQ (Ireland).
COVID-19 Impact
In 2020, the COVID-19 pandemic had positively impacted the growth of the DNS security software market, as millions of employees were asked to do work from home by their companies. As employees accessed corporate systems through the less-secure home and public Wi-Fi networks, the remote working practices led to a surge in queries for DNS, further increasing cyber-attacks targeting DNS and boosting the demand for DNS security software.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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