According to Future Market Insights (FMI), the demand registered in DNS security market will increase at a noteworthy CAGR of around 8.2% from 2022-2032. The report states that the market is expected to reach a valuation of ~US$ 1,300.4 Mn by end of 2022. As per Future Market Insights, the growing need for protecting enterprise networks from critical cyber-attacks to drive the growth of the DNS security market in the coming years.
Cloud-based DNS security software helps businesses to improve network efficiency with minimum costs. Also, it provides global performance and scalability with strong network security against cyber-attack including malware, phishing attacks, advanced persistent threats, DDoS attacks and others.
Cloud-based DNS security software can enable the firms to easily configure with DNSSEC (Domain Name Systems Security Extensions), which provides a digital method of DNS record verification and helps to protect against DNS-based security threats.
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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, 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, 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.
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)
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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