Domain Name Registrar Market Size Expected to Reach $ 1,025 Billion By 2027 – CAGR: 4.7% – Straits Research
The global domain name market represented approximately 340 million registered names by the end of 2016, with an overall growth rate of approximately 7.1%. The growth in domain names is primarily due to the increasing demand for web space for companies and individuals.
/ EIN News / – Pune, India, October 25, 2021 (GLOBE NEWSWIRE) – the global domain name registrar market is projected to reach $ 1,025.00 billion by 2027, at a CAGR of 4.70%.
In January 2021, the world’s internet concentration is around 59.5%. The ITU had estimated that at the end of 2019 over 51% of the world’s population, i.e. 4 billion people, were using the Internet. 92.6% of them access the Internet via mobile devices.
In addition, according to 2019 data, almost 72% worldwide are of households in urban areas have internet access at home, almost twice as much as in rural areas (38%). As more and more users go online, businesses around the world will not be able to neglect the growing power of the Internet. It will eventually give businesses a boost to register their domain names and build their business identities online.
COVID-19: A Catalyst for the Domain Name Registrar Market
Domain name registration has reached its peak and is increasingly used to spread misinformation and engage in illegal and fraudulent operations. Surprisingly, increased coronavirus cases have accelerated the trend with an increase in cybersquatting instances.
Many agencies have reported an increase in domain name registrations. These can be used for news / information or to encourage new business opportunities. However, they are also used to spread misinformation and engage in illegal and fraudulent activities, similar to social networking platforms.
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Domain Name Registrar Market By Type
Ubiquity of generic top-level domains
Based on the domain types, the global market for domain name registrars is divided into generic top-level domains and country-specific top-level domains. The Internet Corporation for Assigned Names and Numbers (ICANN) has introduced new generic top-level domains (gTLDs). However, a group of gTLDs including various domains created in the early development of the domain name system are sponsored by certain agencies and restricted to certain registrants.
According to the Internet Corporation for assigned names and numbers (ICANN), 1,232 delegated gTLDs were introduced until December 2018 while 1,930 applications of which 624 applications were withdrawn and 46 applications were not approved. However, ICANN is currently developing a program that will facilitate the creation of new Internet extensions or gTLDs.
Domain Name Registrar Market When Deployed
Dominance of the cloud segment
Based on the deployment, the market is divided into on-cloud and on-premise. Deployment in the cloud offers various advantages such as flexibility, cost efficiency and improved security. Domain names on the Internet are equated with the brand as an intangible asset of great value for personal and professional business.
The cloud-based domain offers a network-based solution which can be accessed anywhere with an internet-enabled device. In addition, it provides better results in terms of performance and reliability than on-premise deployment. On-cloud is being largely adopted by the cloud storage industry, creative professionals, online retailers, bloggers, and others.
Domain Name Registrar Market By End User
Business segment generates the highest turnover
Based on the end users who global domain name registrar market is divided into corporations, non-profit organizations, and others. Domain names must be unique as they must be assigned a unique IP number.
Currently a a well-chosen domain name costs a fortune; in some known cases, domain names have been sold for $ 1,000,000. Many companies believe that establishing a presence on the World Wide Web is imperative and that getting the shortest and most memorable domain name is just as important. Domain names are the web addresses that lead customers to search for a business online over the internet.
Domain Name Registrar Market by Region
North American supremacy over others
The growth of the Internet has also increased public concern about the current system of registration and management of domain names such as well-known and easy-to-remember names. The US is widely used by businesses and individuals who want the US association on their website. The market is one of the most popular domain names in the US as it expresses the identity and nature of the company. For example about 167,000 US companies have a ‘market’ in their domain name.
North America offers Internet domain registration facilities in all countries with minimum requirements that vary depending on the regulations of the local registries. GoDaddy, eNom (Namecheap.com), Tucows (Hover.com), and Network Solutions are the primary domain name registrars in North America. However, GoDaddy Group Inc. Leads across all domain names in the North American region.
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Detailed table of contents
1.1 Market definition
1.2 Market size
2 … research methodology
2.1 Primary research
2.2 Research methodology
2.3 Assumptions and Exclusions
2.4 Secondary data sources
3 … market overview
3.1 Report segmentation and scope
3.2 Major market trends
3.3 Porter’s Five Forces Analysis
3.3.1 Suppliers’ negotiating power
3.3.2 Bargaining power of buyers
3.3.3 Threat of substitution
3.3.4 Threat from new entrants
3.3.5 Competitive rivalry
3.4 Market share analysis
3.5 Potential Venture Avenue
3.6 Analysis of the most frequently reported domain names by region
3.7 Regulatory standards
4 … type overview
4.1.1 Market size and forecast
4.2 Generic Top-Level Domains
4.2.1 Market size and forecast
4.3 Country Code Top Level Domains
4.3.1 Market size and forecast
5 … Deployment overview
5.1.1 Market size and forecast
5.2 On site
5.2.1 Market size and forecast
5.3.1 Market size and forecast
6 … End-user overview
6.1.1 Market size and forecast
6.2.1 Market size and forecast
6.3 Non-Profit Organizations
6.3.1 Market size and forecast
6.4.1 Market size and forecast
7 … Regional overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Market size and forecast
7.2.2 The USA
18.104.22.168 Market size and forecast
22.214.171.124 Market size and forecast
7.3.1 Market size and forecast
126.96.36.199 Market size and forecast
188.8.131.52 Market size and forecast
7.3.4 Great Britain
184.108.40.206 Market size and forecast
220.127.116.11 Market size and forecast
18.104.22.168 Market size and forecast
7.3.7 Rest of Europe
22.214.171.124 Market size and forecast
7.4 Asia Pacific
7.4.1 Market size and forecast
126.96.36.199 Market size and forecast
188.8.131.52 Market size and forecast
184.108.40.206 Market size and forecast
220.127.116.11 Market size and forecast
7.4.6 South Korea
18.104.22.168 Market size and forecast
7.4.7 The rest of Asia Pacific
22.214.171.124 Market size and forecast
7.5 Latin America
7.5.1 Market size and forecast
126.96.36.199 Market size and forecast
188.8.131.52 Market size and forecast
184.108.40.206 Market size and forecast
7.5.5 Rest of Latin America
220.127.116.11 Market size and forecast
7.6 Middle East & Africa
7.6.1 Market size and forecast
18.104.22.168 Market size and forecast
7.6.3 South Africa
22.214.171.124 Market size and forecast
7.6.4 The rest of the Middle East and Africa
126.96.36.199 Market size and forecast
8 … company profile
8.1 Bluehost Inc.
8.2 DreamHost, LLC.
8.3 1 & 1 IONOS AG
8.4 GoDaddy Inc.
8.5 Network Solutions, LLC
8.6 Hello China
8.8 Namecheap, Inc
8.9 Gandi SAS
8.10 TUCOWS INC
8.12 Flippa.com Pty Ltd
8.13 HostGator.com LLC
8.14 Hostinger International Ltd
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