SAN FRANCISCO, June 29, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Domain Names - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 18; Released: January 2021
Executive Engagements: 47714
Companies: 460 - Players covered include 1&1 IONOS Inc; 123 Reg, Ltd.; Afilias Limited; Domain.com, LLC.; Donuts, Inc.; GMO Internet, Inc.; GoDaddy, Inc.; Key-Systems GmbH; Melbourne IT Group; Minds + Machines Group Limited; Moniker Online Services, LLC.; Namecheap, Inc.; NeuStar, Inc.; Nominet UK; Register.com; Shopify, Inc.; Tucows, Inc.; Enom, Inc.; United Domains AG; VeriSign, Inc.; Web.com Group, Inc.; Wix.com, Inc.; Znet Technologies Pvt. Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Type (Generic TLDs, Country Code TLDs)
Geographies: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Netherlands; Poland; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Rest of World.
Complimentary Project Preview - This is an ongoing global program. Preview our research program before you make a purchase decision. We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies. Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more. You may also build your own bespoke report using our MarketGlass™ Platform which offers thousands of data bytes without an obligation to purchase our report. Preview Registry
Global Domain Names Market to Reach 557.7 Million Domain Names Registered by 2026
A domain name is basically a web address or an e-mail address that enables users to navigate the Internet easily. Domain names are identification strings which are used in a number of application-specific addressing and naming purposes and networking contexts. Domain names comprise alphanumeric ASCII characters, including A-Z, 0-9 and a-z. The characters are not case sensitive. A domain name may contain a hyphen provided it is in the middle of digits or characters. The domain name system (DNS) successfully weathered the COVID-19 storm as users continued to register new domain names. Despite the outbreak, the DNS witnessed unabated activity related to registrations.
Amid the COVID-19 crisis, the global market for Domain Names estimated at 379.2 Million Domain Names Registered in the year 2020, is projected to reach a revised size of 557.7 Million Domain Names Registered by 2026, growing at a CAGR of 6.7% over the analysis period. Generic TLDs, one of the segments analyzed in the report, is projected to record 6.1% CAGR and reach 353.8 Million Domain Names Registered by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Country Code TLDs segment is readjusted to a revised 7.6% CAGR for the next 7-year period.
Domain Names Registered in the U.S. Market is Estimated at 124.9 Million in 2021, While in China the Figure is Forecast to Reach 81.2 Million
The Domain Names market in the U.S. is estimated at 124.9 Million Domain Names Registered in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of 81.2 Million Domain Names Registered by the year 2027 trailing a CAGR of 11.8% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 5.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR.
A peculiar trend observed during the ongoing COVID-19 crisis is the increased penchant for premium domain names. Because of COVID-19, there has been a visible and hurried shift to a digital-first economy and massive growth in the internet user base across the world with some regions showing growth as high as 70% during the first three quarters compared to same period in 2019. For businesses in general and premium and lifestyle brands in particular, domain names always play a crucial role in the online identity and such notion has become even more evident and visible amid the ongoing crisis. A growing number of luxury brands are leaning towards premium domains with the objective to define their authority and expertise in their industry and generate productive leads from search rankings. Premium domain names are simple, crisp, and descriptive and provide an exact-match with brand operations. Due to their unique design, premium domain names represent one of the best methods to rank high in online search results, which becomes critical for business in the prevailing complex online search scenario. More
Our MarketGlass™ Platform is a free full-stack knowledge center that is custom configurable to today`s busy business executive`s intelligence needs! This influencer driven interactive research platform is at the core of our primary research engagements and draws from unique perspectives of participating executives worldwide. Features include - enterprise-wide peer-to-peer collaborations; research program previews relevant to your company; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; bespoke report generation; monitor market trends; competitive brands; create & publish blogs & podcasts using our primary and secondary content; track domain events worldwide; and much more. Client companies will have complete insider access to the project data stacks. Currently in use by 67,000+ domain experts worldwide.
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SOURCE Global Industry Analysts, Inc.