Domain Name System, on which the internet operates is a server network which translates to IP address for a computer to access. We know that the internet is an open space, so it is quite common to become a victim of major DNS attacks. To curb this, it is highly required to protect the DNS and apply security. While many have taken support of DNS security, there are still companies left.
In-depth information on the historical and recent sizes of the DNS Security Software market is provided in a research report. Also included in the market’s current and projected future potential and current and developing trends in DNS Security Software.
The DNS Security Software market research study forecasts a substantial remuneration portfolio after the forecasted period. DNS Security Software market dynamics are taken into account, as well as several driving variables that influence the commercialization graph for this industry sector and the inherent dangers. In addition, it discusses the industry’s growth prospects for DNS security software.
It was far before COVID-19’s big move to remote labor could be expected that research on DNS security industry trends was published in January of this year. Despite this, the research indicated that the DNS security software market was expected to increase at a CAGR of 9.2 percent between 2020 and 2025. Now that remote access to network resources is a significant need for organizations worldwide, the CAGR is expected to be much greater than that projection. Because attacks on networks in 2020 increased rapidly.
A lot more people than I think to appreciate the possibilities of DNS security. Most people are aware that DNS security encrypts DNS requests using DoH or DoT, which is critical. That’s where it all starts. A great DNS security program, on the other hand, may do more and offer a broader range of security. DNS security software, for example, may guard you against phishing attempts. DNS security software can prevent your staff from visiting hacked or hazardous websites by leveraging publicly accessible lists that track bad domains.
As customers become more aware of the issue, they may realize the value of enhancing their DNS security. Employees are going to realize how important security is for their organizations time and time again as they move to remote work. When it comes to internet security, the natural next step for these workers is to think about how DNS might help them as customers. People get confused between VPN and DNS, make sure to have both and use them accordingly.
Businesses all across the world have been battling GDPR compliance since May of last year. GDPR-compliant DNS infrastructures have not yet been implemented in many companies. As a result, Gartner predicts that GDPR compliance fines will total more than $1 billion by 2022.
We’re witnessing a surge of regulatory reform as firms adjust to these developments. It is encouraging to see governments in the area setting their criteria for data compliance with the country’s new cybersecurity law, which takes effect on January 1, 2019. Another country revising its cybersecurity legislation is Thailand, which specifies that critical information infrastructure (CII) providers are responsible for ensuring the infrastructure is secure against cyberattacks by preparing and protecting it before it occur.
In the world, cloud services are changing businesses and boosting productivity and operational efficiency. Access to cloud services and traffic routing to both internal and external applications are made possible thanks to DNS services. Despite this apparent connection, cloud service providers frequently fail to safeguard DNS effectively.
Our 2018 research on DNS assaults by EfficientIP revealed that nearly half of Asian-Pacific companies had cloud service outages as a result. The advantages of utilizing cloud services are rendered void if DNS security is inadequate. It’s likely that as cloud services grow in 2019, businesses will examine and realize that new methods to company operations necessitate considerably more than traditional cybersecurity solutions.
According to Future Market Insights, the demand for DNS is set to grow with an estimated CAGR of 8.4%. Currently, the DNS stands at 5.5% of the global security market. The revenue is expected to reach USD 3,120.8 million in 2033.
The cloud-based DNS software market is growing dominantly with a CAGR of 9.8% from 2022 to 2032 in the deployment mode. The demand for these systems is to expected grow much faster in small and medium-scale businesses than the large enterprises. If we talk about a particular industry, the BFSI industry is set to grow the highest by 2033 and the healthcare industry will grow by 10.9%.
In recent years, many companies have claimed increasing network threats for stealing company’s vital and sensitive data. FMI analyses the organizations that will adopt new technologies to protect the essentials. As the DNS system aims to help businesses and organizations secure their remote workforce, we will witness a huge shift in all the working industries.