The global Domain Name Registrar Market was valued at a worth of USD 2,350 Million in 2020 and is estimated to grow at a CAGR of 4.6% during the forecast period 2022- 2031.
A company that oversees the registration of Internet domain names is known as a domain name registrar. A generic top-level domain (gTLD) registry or a country code top-level domain (ccTLD) registry, or both, must accredit a domain name registrar. A registrar follows the rules set out by the selected domain name registries when conducting business. They are in charge of keeping the database of all domain names that have been registered, along with their contact details. Additionally, registrars offer resources and services for setting up, maintaining, and renewing domains.
The rising trend of BYOD (Bring Your Own Device) among businesses and the rising demand for cloud-based domain name Registrar solutions both contribute to the expansion of the global domain name Registrar market. Small and medium-sized businesses (SMEs) and major corporations both increasingly use cloud-based domain name registrars, which is what is driving this market’s expansion. In 2019, North America is anticipated to account for the greatest portion of the world market for domain name registrars, followed by Europe and the Asia Pacific.
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Key Players
Some of the major companies operating in the market are 1&1 ionos inc., Bluehost Inc., DreamHost, LLC., flippa.com pty ltd, Gandi sas, GoDaddy Inc. , HiChina, hostgator.com LLC , Hostinger international ltd , Namecheap, inc. , network solutions, LLC , ovh, Tucows inc. Among these companies, Go Daddy is a market leader in the domain name registration with about 22% share in 2017. In the financial year 2017,2016 and 2015, Go Daddy generated approximately about 47%, 50% and 52% of total revenue from domain related products.
Recently Google has entered in the domain name registrar market and has achieved colossal growth to rank among the top 10 registrars (Source: Verisign Report 2017).
Segmentation
By Domain Type
- Generic Top-level domains
- Country Code top level domains
By Deployment
- On-premise
- Cloud
By End-User
- Enterprises
- Non-profit Organizations
- Others
DC Description
Domain name registrar market, top level domain names, country level domain names, .com domain, .uk domain name, Go Daddy, Verisign Inc, Chinese domain names, e-commerce domain
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Key Questions Answered in This Report:
How has the global Market performed so far and how will it perform in the coming years?
What are the key regional Markets?
What has been the impact of COVID-19 on the global Market?
What is the breakup of the Market based on the type?
What is the breakup of the Market based on the application?
What is the breakup of the Market based on the manufacturing process?
What is the breakup of the Market based on the price range?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global Market and who are the key players?
What is the degree of competition in the industry?
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