The global DNS security market revenue totaled US$ 1,388.8 Million in 2023. The DNS security market is expected to reach US$ 3,120.8 Million by 2033, growing at a CAGR of 8.4% from 2023 to 2033.
According to the report, the market will be worth US$ 1,300.4 million by the end of 2022. According to Future Market Insights, the growing need to protect enterprise networks from critical cyber-attacks will drive the DNS security market growth in the coming years.
Cloud-based DNS security software assists businesses in increasing network efficiency while minimizing costs. It also offers global performance and scalability, as well as strong network security against cyber-attacks such as malware, phishing attacks, advanced persistent threats, DDoS attacks, and others.
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Cloud-based DNS security software allows businesses to easily configure DNSSEC (Domain Name Systems Security Extensions), which provides a digital method of DNS record verification and aids in the prevention of DNS-based security threats.
Key Takeaways: DNS Security Market
- By deployment mode, the cloud-based DNS security software market is growing dominantly with a CAGR of around 9.8% between 2022 & 2032.
- By enterprise size, demand for DNS security software from small & medium enterprises (SMEs) is estimated to be growing at a higher rate than large enterprises.
- By industry, the BFSI industry is showing the highest growth with a dominant market share by 2032. However, the healthcare industry is projected to showcase a significant growth of around 10.9% between 2022 & 2032.
- Based on region, the North America DNS security market in 2021 was holding the highest market share of around 29.9%, whereas South Asia & Pacific region is estimated to grow at a CAGR of around 10.8% in the forecast period.
“In recent years, there has been increasing network threats on large corporations, government organizations, and critical infrastructure. This has raised the concerns to protect IT networks against such advanced attacks, which is expected to drive the demand for DNS-based security solutions” says an FMI analyst.
DNS Security to Help Organizations Secure Remote Workforce
For business continuity reasons, several organizations have adopted the work-from-home culture. Numerous employees are working from home and using laptops and personal devices to access organizations’ network that contain the company’s sensitive and important data.
This has created a need to protect enterprise networks against firewall intrusions and leak of critical business data. DNS security allows productivity network operations such as file or data sharing, emailing, and web browsing to be performed with protecting the company’s networks from DNS cyber-attacks and threats. Also, it provides real-time protection against all types of DNS attacks and cyber-attacks, including DDoS attacks. Hence, to protect networks while remote working, there is a need for high adoption of DNS security solutions.
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Global DNS Security Market Outlook by Category
By Deployment:
- Cloud-based DNS Security Software
- On-premises DNS Security Software
By Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By Industry:
- IT & Telecom
- BFSI
- Healthcare
- Manufacturing
- Retail
- Government
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
Table of Content
1. Executive Summary | DNS Security Market
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Solution Innovation / Development Trends
4. Pricing Analysis
4.1. Types of Pricing Models
4.1.1. Subscription Pricing
4.1.2. Perpetual Licensing
4.2. Average Pricing Analysis Benchmark
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