The DNS Security Software Market was valued at approximately US$ 1303.87 million in 2022 and is projected to grow to around US$ 3213.81 million by 2030. This market is anticipated to experience a compound annual growth rate (CAGR) of 11.9% from 2022 through 2030.
In Europe, the DNS Security Software Market is divided into several regions, including Germany, the UK, France, Italy, Russia, and other parts of Europe. Germany is expected to capture the largest share of the DNS Security Software Market during the forecast period. Numerous players in the German market are enhancing their presence through strategic partnerships. These collaborations are facilitating the adoption of DNS Security Software solutions among both small and medium-sized enterprises (SMEs) and larger corporations, focusing on data protection. For example, in December 2020, cyan Security Group, based in Germany, partnered with Secure64 Software Corporation, a US DNS software provider, to collaborate on product development and global distribution.
This collaborative strategy enables both organizations, operating in different segments of the DNS industry, to create optimal product offerings tailored for large enterprises. The partnership also aims to deliver a comprehensive DNS solution integrated with security features for major organizations. Furthermore, in June 2021, a DDoS attack targeted German cooperative banks through an IT service provider, causing significant disruptions to their online services, including those of Berliner Volksbank. Such incidents highlight the increasing prevalence of DNS attacks and cybersecurity threats, which are driving the growth of the DNS security software market in Germany.
In the Asia Pacific region, the DNS Security Software Market is categorized into China, Japan, South Korea, India, Australia, and other APAC countries. China is projected to hold the largest market share in this segment during the forecast period. The country has witnessed a surge in DDoS attacks. For instance, a report released in April 2023 by StormWall s.r.o, a leading cybersecurity firm, indicated a 47% increase in DDoS attacks in the first quarter of 2023 compared to the same period in 2022. China accounted for 11.7% of the total attack share, making it the most targeted nation. Additionally, in June 2023, a Chinese threat group known as "ChamelGang" compromised Linux devices with a new implant called "ChamelDoH," which enabled DNS-over-HTTPS communication with the attackers' servers. The rise in DDoS attacks in China is propelling the demand for DNS security software, as these solutions help manage traffic and mitigate the effects of such attacks.
Key players in the DNS Security Software Market include Akamai Technologies Inc., Comodo Security Solutions, Inc., DNSFilter Inc., DomainTools, Efficient IP, OpenText Corporation, ScoutDNS, LLC, TitanHQ, Avast Software s.r.o, and Cisco Systems Inc., all of whom are featured in this market analysis.
The overall size of the DNS Security Software Market has been determined through a combination of primary and secondary research methods. Extensive secondary research has been conducted using both internal and external sources to gather qualitative and quantitative data regarding the market size. This approach also aids in providing a comprehensive overview and forecast of the market across all segments. Additionally, numerous primary interviews have been carried out with industry stakeholders to validate the findings and obtain analytical insights. This process involved engaging with industry experts, including vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the DNS Security Software Market.