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The market for domain name registration is growing rapidly, driven by the globalization of commercial digitization. The demand for unique and memorable domain names is growing at an unprecedented rate as more companies recognize the value of having a strong online presence. This increase is due to both the expanding number of companies going online and the increased understanding of the value of domain names in building credibility and brand visibility. In addition to associated services like web hosting, designing websites, and online marketing, the market consists of businesses that provide domain registration services. Because of the growing popularity of the internet and the emergence of online businesses, the domain name registrar industry is anticipated to have significant growth in the near future, despite intense competition.
Domain name trading is driving the industry due to its rising trend. Demand for domain names is further increased as a result of investments made by both people and corporations as they gain value. Further propelling market expansion is the introduction of new top-level domains (TLDs), which have given companies the chance to develop distinctive, sector-specific domain names.
The market for domain name registrars has not been significantly impacted by the COVID-19 pandemic. the epidemic hasn't left much of an impact on the market because internet services have become more popular and domain registration and management can be done from a distance. On the other hand, the epidemic has caused some adjustments in the market for domain name registrars. For instance, more companies and individuals are registering domain names for websites and online enterprises as a result of social distancing measures, which have led to a growth in the number of people using online services.
The report will cover the qualitative and quantitative data on the global Domain Name Registrar Market. The qualitative data includes latest trends, market players analysis, market drivers, market opportunity, and many others. Also, the report quantitative data includes market size for every region, country, and segments according to your requirements. We can also provide customize report in every industry vertical.
Study Period | 2024-31 |
Base Year | 2023 |
Estimated Forecast Year | 2024-31 |
Growth Rate | CAGR of 4.7% from 2024 to 2031 |
Segmentation | by Type, by Deployment, by End-User, By Region |
Unit | USD Billion |
By Type |
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By Deployment |
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By End-User |
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By Region |
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Domain Name Registrar Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2024-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
The report also helps in understanding Global Domain Name Registrar Market dynamics, structure by analyzing the market segments, and project the Global Domain Name Registrar Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Domain Name Registrar Market make the report investor’s guide.
The market scope is segmented because of by Type, by Deployment, by End-User.
Based on the Type of the market is segmented into Generic Top-Level Domains, Country Code Top Level Domains.
The generic top-level domains segment is expected to hold the majority of market share. On the other hand, a collection of generic top-level domains (gTLDs)—which includes a number of domains that were developed early in the domain name system—are sponsored by official entities and limited to particular registrants. The introduction of new gTLDs like.app. blog, and. shop has also given domain name registrars greater opportunities to offer their customers more specialized services. The Internet Corporation for Assigned Names and Numbers (ICANN) states that by 2020, 1,232 gTLDs had been allocated; however, 1,930 applications had been filed, of which 624 had been withdrawn and 46 had been rejected. On the other hand, ICANN is working on a program that will make it easier to create new gTLDs, or extensions of the Internet.
The market for Country Code Top-Level Domains (ccTLDs) represents a segmented domain name industry that categorizes websites based on their association with specific countries or territories. Each ccTLD is assigned a unique two-letter code corresponding to the ISO 3166-1 alpha-2 country codes, allowing users to identify the geographic origin or affiliation of websites and online resources. This segmentation facilitates targeted branding, marketing, and localization efforts, as businesses, organizations, and individuals leverage ccTLDs to establish a regional online presence and engage with local audiences effectively. Managed by designated entities within each country or territory, ccTLDs play a pivotal role in fostering online sovereignty and promoting cultural and economic interests on a global scale.
Based on Deployment the market is segmented into On-Premises, Cloud.
The Cloud segment is anticipated to hold the most market share in the next years. This is because cloud-based domain name registrars offer numerous advantages, including affordability, scalability, and flexibility. Because cloud-based solutions may be easily scaled up or down based on business demands, domain name registrars have more flexibility with them. Moreover, cloud-based solutions are frequently provided via a subscription-based model, which enables businesses to only pay for the services they really use and reduce total costs. It also works better and more reliably than on-premise deployment. A significant amount of on-cloud technology has been used by the cloud storage industry, creative professionals, online retailers, bloggers, and others.
On-Premises represents a strategic approach to software and infrastructure management where solutions are hosted and operated within the premises of the organization or end-user. This model is particularly favored by enterprises with specific regulatory requirements, sensitive data, or complex integration needs that necessitate direct oversight and management of their technology stack. While On-Premises deployments offer advantages in terms of data sovereignty and customization, they often require substantial upfront investment in hardware and personnel, as well as ongoing maintenance and upgrade costs. Furthermore, the On-Premises model may limit scalability and agility compared to cloud-based solutions, as organizations are responsible for managing hardware procurement, capacity planning, and system updates internally.
By region, Insights into the markets in North America, Europe, Asia-Pacific, and the rest of the world are provided by the study. North America dominates the global domain name registrar market, accounting for approximately 30-35% of the share. This is primarily due to the extensive registration of domain names in the United States, where businesses often incorporate domain names to reflect their nature of operations. For example, a significant number of U.S. businesses include market in their domain names. The region also benefits from the widespread use of the internet, which has popularized the registration and management of domain names with easily recognizable and memorable names. Furthermore, the region's skilled cybersecurity capabilities, well-developed IT infrastructure, and welcoming regulatory framework have all contributed to the market expansion for domain name registrars. A considerable demand for domain name registration services is also created by the region's abundance of small and medium-sized enterprises, many of whom need domain names to establish their online presence.
Asia Pacific, on the other hand, is expected to grow at the quickest rate, with a projected overall Compound Annual Growth Rate (CAGR) of about 3.8% over the course of the forecast period. The quick development of e-commerce in China is driving this rise by drawing investors to purchase catchy, short domain names, thereby raising the possibility of lead creation.
Europe holds the second-largest market share, accounting for about 25-29% of the global domain name registrar market. This is attributed to the availability of a wide range of individual domain name extensions across over 50 European countries. According to the Internet Corporation for Assigned Names and Numbers (ICANN), 'com' domains are widely adopted by 53% of businesses and individuals in Europe. Moreover, countries like Germany, the Netherlands, France, Poland, and the UK boast significant numbers of '.eu' domain registrations. Major players such as GoDaddy, Gandi.com, 1&1 IONOS, and Namecheap dominate the European market, with Gandi.com being one of the pioneering domain registrars approved by ICANN for multiple domain extensions.
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Domain Name Registrar Market Trends: Market key trends which include Increased Competition and Continuous Innovations Trends:
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04 Jan 2024