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VANCOUVER, BC, Aug. 31, 2021 /PRNewswire/ -- Demand for cloud-based DNS has been increasing substantially in the recent past and is driving-up revenue share of major players in the global Domain Name System (DNS) provider market. A few global players have risen substantially above the rest and the major player currently, Akamai, accounts for a substantially larger revenue shares and has close to double the number of websites as its closest competitor. The providers in the latter part of the list are far from the leader in the market and it does not seem that the leader will be dethroned anytime soon.

A major change in the DNS industry currently is a transition to cloud-based systems and this trend is gaining robust traction in the market. As the cloud-computing eco-system expands exponentially across the Internet, clients will get more options for controlling DNS performance and improving customer experience on a global scale. Majority of businesses areshiftingto cloud-based DNS or adoptinghybrid DNS-Cloud setup by separating their traffic respectively as per standard DNS and cloud infrastructure.

Another factor supporting steady increase in revenue share the various players in the market is increasing adoption of Domain Name System Security Extensions (DNSSEC). DNSSEC is a new trend in the DNS Industry. DNSSEC protects DNS from cyberattacks by employing digital signatures to DNS data, verifying sources of data, and ensuring accurate data flow over the Internet.

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However, increasing incidents of DNS server outages is a key factor expected to result in reduced revenue share of DNS providers. Websites are rapidlybeing hosted by businesses in order to engage customers, clients, and partner organizations, and DNS plays an important role in enterprise profits. DNS services are chosen by a company to ensure better website performance and better user experience. It is important for DNS service providers to operate their DNS servers efficiently to achieve these objectives. No response from web pages owing to DNS outages can have a substantial impact on an enterprise's earnings. Companies cannot afford DNS outages, especially during seasonal sales. DNS outages also have a major negative influence on user experience and application accessibility for users.

DNS Market Share of Fortune 500 - August 2021

As of 2021, Akamai [AKAM:NASDAQ] has 82 websites and accounted for a majority revenue share of 16.4% in the global DNS market, CSC DNS has 44 websites and 8.8% revenue share, Neustar UltraDNS [NYSE:NSR] has 42 websites and 8.4% revenue share, and Amazon Route 53 [AMZN:NASDAQ] has 27 websites and accounts for revenue share of 5.4%. Cloudflare [NET:NASDAQ]has 25 websites and revenue share of 5.0%, GoDaddy [GDDY:NASDAQ] has 19 websites and 3.8% revenue share, Azure DNS [AZRE:NASDAQ]has 15 websites and 3.0% revenue share, and DNS Made Easy has 11 websites and accounts for revenue share of 2.2%.

With the introduction of Edge DNS, Akamai Technologies has managed to gain a substantially larger market share than other players in the global market. Edge DNS is an authoritative DNS service that sends DNS resolution from business premises or data centers to the Akamai Intelligent Edge. CSC DNS and Neustar UltraDNS follow Akamai closest in terms of market revenue share. In addition, Neustar UltraDNS offers cost-effective cloud-based recursive DNS service with sophisticated threat intelligence that enables speedy and secure online application access, which places it in a lucrative position in the market.

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Have a look at Complete Insight on Domain Name System Market Among Fortune 500 Companies @ https://www.emergenresearch.com/livedata/dns-market-share-2021-fortune-500-companies

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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Emergen Research: Akamai Leads in DNS Market Among Fortune 500 Companies | Increasing Preference for Cloud DNS and Rising Need to Prevent Ddos Attacks...