FACTS AT A GLANCE
Editing: 18; Posted: January 2021
Management commitments: 47714
Companies: 460 – Players covered include 1 & 1 IONOS Inc; 123 Reg, Ltd .; Afilias Limited; Domain.com, LLC .; Donuts, Inc .; OGM Internet, Inc .; GoDaddy, Inc .; Key-Systems GmbH; Melbourne IT Group; Group Spirits + Machines Limited; Nickname Online Services, LLC. ; Namecheap, Inc .; NeuStar, Inc .; Nominet United Kingdom; 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.
Blanket: All major geographies and key segments
Segments: Type (Generic TLDs, Country Code TLDs)
Geographies: World; United States; 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 the world.
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Global domain name market to reach 557.7 million registered domain names by 2026
A domain name is basically a web address or an email address that allows users to easily browse the Internet. Domain names are identification strings that are used in a number of application-specific addressing and naming purposes and in networking contexts. Domain names consist of alphanumeric ASCII characters, including AZ, 0-9, and az. The characters are not case sensitive. A domain name can contain a hyphen as long as it is in the middle of numbers 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 has witnessed relentless activity related to records.
In the midst of the COVID-19 crisis, the global domain name market estimated at 379.2 million registered domain names in 2020, is expected to reach a revised size of 557.7 million registered domain names by 2026 , growing at a CAGR of 6.7% during the analysis period. Generic TLDs, one of the segments analyzed in the report, are expected to register a CAGR of 6.1% and reach 353.8 million registered domain names by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the country code TLD segment is readjusted to a revised CAGR of 7.6% for the next 7 year period.
Domain names registered in the US market are estimated at 124.9 million in 2021, while in China the figure is expected to reach 81.2 million
The domain name market in the United States is estimated at 124.9 million registered domain names in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 81.2 million registered domain names by 2027, with a CAGR of 11.8% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 2.3% and 5.2% respectively during the analysis period. In Europe, Germany is expected to grow at around 1.8% CAGR.
One particular trend seen during the current COVID-19 crisis is the increased lean towards premium domain names. Due to COVID-19, there has been a visible and precipitous shift to a digitally driven economy and massive growth in the internet user base across the world, with some regions showing growth of up to 70% during the first three quarters compared to the same period. in 2019. For businesses in general and premium and lifestyle brands in particular, domain names still play a crucial role in online identity and this notion has become even more evident and visible in the midst of the current crisis. A growing number of luxury brands are turning to premium domains in an effort to define their authority and expertise in their industry and generate productive leads from search rankings. Premium domain names are simple, precise and descriptive and correspond exactly to the operations of the brand. Due to their unique design, premium domain names represent one of the best methods to rank high in online search results, which is becoming essential for businesses in the complex online search scenario that prevails. Following
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