Industry Background:
The growing e-commerce industry across the world is helping to trigger the demand for A domain name registrar in the forecasted period. A domain name registrar is a company that manages the reservation of Internet domain names. Such a company must be accredited by ICANN and certified by registries. It must be noted that by purchasing an available name, actually lease it out for up to 10 years at a time. It is necessary to renew it anytime. The increasing demand from developing countries will create opportunities in the global domain name registrar market due to increasing internet penetration. The global domain name registrar market is expected to witness high demand in the forecasted period due to the launch of new TDLs. For instance .online, .site, .tech, .top and .space are launch in the year 2015 to 2016. The African Domain Name Registrar market size is expected to grow from USD 59.34 million in 2020 to USD 76.12 million by 2025, at a CAGR of 4.46%.
According to AMA Research, the market for Domain Name Registrar is expected to register a CAGR of 4.1% during the forecast period to 2027. This growth is primarily driven by Growing Importance Of Online Presence For Any Enterprises
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Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Volume Unit | N |
Value Unit | USD (Million) |
Dominating Type | Cloud Based |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Internet Software & Services sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Namecheap Inc. (United States), Bluehost (United States), HostGator (United States), Hostinger International (Lithuania), GoDaddy (United States), Hover (Canada), Gandi SAS (France), Dreamhost (United States), Name.com (United States, 1&1 Ionos (Germany) and Network Solutions, LLC (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 7th May 2019 - Namecheap, the world’s second-largest retail domain registrar, is adding a new top-level domain (TLD) to its portfolio - the ultra-desirable .inc, which officially launched today and is now available for purchase.
On 27th February 2018, Namecheap, the world’s second-largest retail domain registrar, and one of the fastest-growing American companies according to the 2018 Inc. 5000, has announced its popular nc.me Education Program has given away more than 200,000 .me domains to students and educators throughout North America, the UK, and Australia.
Influencing Trend:
High Demand due to New TLDs Launch and Up surging Demand from SMS’s
Market Growth Drivers:
Growing Importance Of Online Presence For Any Enterprises and Rising Demand of Industry Specific TLDs
Restraints:
The Growing Concern Related to Domain Name Hijacking
Opportunities:
Rising Adoption in Developing Countries due to high internet penetration and Rising E-commerce
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Domain Name Registrar Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Domain Name Registrar Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Domain Name Registrar players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Domain Name Registrar Study Sheds Light on
The Domain Name Registrar Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Domain Name Registrar industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Domain Name Registrar industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.