The DDI is a combination of DNS, DHCP, and IP Address Management (IPAM) solutions. These solutions significantly deliver quick and efficient management initiatives of numerous tasks, for DNS and DHCP service management and internet protocol address management over the internet network. The DNS, DHCP, and IP Address Management solutions serve as the dominant tools for management operations among various enterprises.
The Global DDI (DNS, DHCP, and IP Address Management) Market is growing at a higher pace, which registered the market size and revenue of $900.2 million in 2020 and is projected to reach $XX million by 2027. The market is expected to grow with a significant CAGR of 12.76% during the forecast period 2021-2027. The rising trends for BYOD among enterprises raise the demand for connected devices including- mobile phones, tablets, laptops, and card readers within a working place. This will fuel the market growth and witness explosive opportunities for the growth of the Global DDI (DNS, DHCP, and IP Address Management) Market. The increasing implementation of IoT and cloud-based technologies in various organizations and administrations with the increasing need for automation and time-consuming solutions are some factors that contribute to driving the growth of the Global DDI (DNS, DHCP, and IP Address Management) Market.
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The sequentially growing need for IP Address Management and rising transition of IPv6 devices over IPv4 devices with enhanced techniques and evolutionary versions in IETF standards are expected to serve as a rapidly growing internet in terms of data traffic and host connected application. This factor imparts leveraging trends for the DDI segment and is expected to boost the growth of the Global DDI (DNS, DHCP, and IP Address Management) Market during the forecast period. Additionally, the rising emergence of IoT platforms and rapidly growing demand for high internet usage, growing requirement of secure, reliable, and efficient networking are some factors that drive the growth of the Global DDI (DNS, DHCP, and IP Address Management) Market.
Besides, on the basis of market growth, size and shares the Global DDI (DNS, DHCP, and IP Address Management) Market is segmented into- By Component, By Version, By Service, By Infrastructure, By End User, By Application, and By Region segment. Based on the Component, the DDI (DNS, DHCP, and IP Address Management) Market is segmented into- Hardware and Software Components. The largest market size and shares for the Global DDI (DNS, DHCP, and IP Address Management) Market is accounted by Hardware segment and expected to dominate the market growth during the forecast period. As hardware components are more protected than software solutions and thus, contribute the highest CAGR for the market.
On the basis of Version, the Global DDI (DNS, DHCP, and IP Address Management) market is bifurcated as IPv4 version and IPv6 version. The market is dominated by the IPv6 version due to increasing transformation over IPn4 to fulfill the demand for IoT and various industries to provide well-organized IPv6 performance and assistance to facilitate the adaptation. This factor will positively impact the market growth and introduce new opportunities for the Global DDI (DNS, DHCP, and IP Address Management) market.
Besides, on the basis of Services, the Global DDI (DNS, DHCP, and IP Address Management) market is further categorized as Managed Service, Integrated Service, and Overlay DDI Service. The largest market size and shares are accounted for by Integrated Service due to its enriched dependability of networks as well as promoting the productivity tasks. Thus, Integrated Service is projected to witness the largest market size and shares for the Global DDI (DNS, DHCP, and IP Address Management) Market during the forecast period.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered-
· By Component
· By Versions
· By Services
· Competitive Landscape- Cisco Systems Inc., Nokia Corporation, Infoblox Inc., Efficient IP SAS and BT Global Services Limited, among others.
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Global DDI (DNS, DHCP and IP Address Management) Market Segment
By Component
· Hardware
· Software
By Versions
· IPv4
· IPv6
By Services
· Managed Service
· Integrated Service
· Overlay DDI Service
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
