Global Domain Name System (DNS) Firewall Market (2021-2027) by Deployment, Enterprise Size, End-user, Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Global Domain Name System (DNS) Firewall Market (2021-2027) by Deployment, Enterprise Size, End-user, Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Introduction

The Global Domain Name System (DNS) Firewall Market is estimated to be USD 123.5 Mn in 2021 and is expected to reach USD 250.37 Mn by 2027, growing at a CAGR of 12.5%.Adoption of Bring Your Own Device (BYOD) in the IT industry has been driving the overall DNS firewall market growth. The increasing concerns for the data security in data-sensitive centers, the vulnerability of DNS towards malware, viruses, and advanced persistent threat (APT) intrusions are some of the factors fuelling the growth of the market.

Conversely, IT security budget, lack of skilled workforce, and the absence of standards and protocols are likely to hinder the market growth. The high cost of implementing and upgrading the DNS firewall is also a constraint for market growth. The rising adoption of UTM solutions in enterprises further hinders the market growth.

Market Dynamics

DriversExtreme Vulnerability of the DNS to Malware and APT IntrusionsIncreasing Proliferation of Web ApplicationsThe Rapid Adoption of Mobile Devices and Bring Your Own Device (BYOD) Policy by The IT IndustryRestraintsHigh Adoption of UTM Solutions in EnterprisesIT Security Budget ConcernsThe Absence of Standards and ProtocolsOpportunitiesEvolution of Virtualization, Resulting in the Growth of Virtual DNSChallengesLack of Competent Security ProfessionalsSegments Covered

By Deployment, the Virtual Appliance segment is estimated to hold the highest market share. The growth of this type of deployment is attributed to the factor such as it runs on the Windows Operating System (OS). It creates a virtual environment that resembles a separate computing environment. A virtual appliance is helpful to simplify the delivery and operation of an application and allows multiple operating systems (OS) environments to exist simultaneously on the same machine.

By Enterprise Size, Large Enterprises holds the maximum market share. Almost all large enterprises in recent years are connected to the internet and are installing firewall systems for securing their network from malware and unknown sites. Large Enterprises handle large amounts of data and exchange huge volumes of data daily from one machine to another. Hence, the high demand for DNS firewalls in large enterprises is contributing to the largest market share.

By End-user, the DNS Provider segment is estimated to hold the largest market share during the forecast period as DNS hosts run DNS servers, which are further used and integrated by domain name registrars, website hosts, and Internet Service Providers (ISPs).

By Vertical, the BFSI segment is estimated to contribute the highest market share. BFSI vertical needs security of products and services to protect their employee identities, customers identities, assets, data, and operations. New and improved financial products and services are frequently introduced by market players to enhance their business operations and expand the customer base, making this vertical a lucrative target for fraudsters. This creates the need for enhanced security systems, which further drives the growth of the market.

By Geography, North America is projected to lead the market. The factors attributed to the market's growth are the deployment rate of the DNS firewall by most enterprises in this region. APAC region is also expected to grow at the highest CAGR during the forecast period due to diverse internet subscribers in several APAC countries, the increasing deployment of data centers and cloud infrastructure in this region.

The Global Domain Name System (DNS) Firewall Market is segmented further based on Deployment, Enterprise Size, End-user, Vertical, and Geography.

Company Profiles

Some of the companies covered in this report are Cloudfare, BlueCat, EfficientIP, Cisco, Verisign, Akamai, eSentire, F5 Networks, etc.

IGR Competitive Quadrant

The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

The report offers a comprehensive evaluation of the Global Domain Name System (DNS) Firewall Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Competitive Quadrant, Infogence’s proprietary competitive positioning tool.

Report Highlights:A complete analysis of the market, including parent industryImportant market dynamics and trendsMarket segmentationHistorical, current, and projected size of the market based on value and volumeMarket shares and strategies of key playersRecommendations to companies for strengthening their foothold in the market