DNS Security Market to expand at a remarkable CAGR of 8.4% during Forecast 2023 to 2033


By the end of 2033, the market is predicted to be valued at US$ 3120.8 million, according to the analysis.

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According to Future Market Insights (FMI), the demand registered in DNS security market will increase at a noteworthy CAGR of around 8.4% from 2023-2033.

According to Future Market Insights, the market for DNS security will expand in the upcoming years due to the growing requirement to secure enterprise networks from serious cyberattacks.

Software for DNS security in the cloud assists enterprises in increasing network effectiveness at low cost. Along with excellent network protection against cyberattacks like malware, phishing assaults, advanced persistent threats, DDoS attacks, and others, it also offers global performance and scalability.

The companies can quickly configure DNSSEC (Domain Name Systems Security Extensions), which offers a digital form of DNS record verification and helps to protect against DNS-based security risks, with the aid of cloud-based DNS security software.

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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.

“In recent years, there has been increase 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 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)

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About Future Market Insights

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.

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Published in

Technology

Published on

Feb 15, 2023

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