According to our latest study on "DNS Security Software Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis – by Deployment and Enterprise Size,” the DNS security software market size was valued at US$ 1303.87 million in 2022 and is expected to reach US$ 3213.81 million by 2030. The DNS security software market is estimated to record a CAGR of 11.9% from 2022 to 2030.

Implementation of Hybrid Working Styles Across the Globe to Provide Lucrative Opportunities for DNS Security Software Market Growth During Forecast Period

The growing shift toward hybrid work and the increasing mobility of the workforce have created a strong demand for DNS security software. During the COVID-19 crisis, a large proportion of employed people faced changing work patterns, including working from home. In 2019, ~1 in 20 (5.5%) employees aged 20–64 in Europe mostly worked from home. The impact of the pandemic was evident as this share expanded in 2020 to 12.3% (+6.8%). There was a further increase in the percentage of employees working from home in 2021, reaching 13.5% (+1.2%). Such growth in hybrid working styles will enhance the DNS Security software market growth

Further, according to the data of Eurostat, the Netherlands is the European country with the highest proportion of employees working remotely. The report showed that across Europe, on average, 30% of workers regularly worked from home in 2022 (either fully remote or in a hybrid model). According to the FlexOS Global Pte. Ltd. report, in APAC, nearly 43% of people worked in a hybrid arrangement during the pandemic for the first time. Nearly 53% believe that increased employee productivity will substantially benefit a remote work model. With the increasing hybrid working styles, IT executives are devising strategies around securing their organization's resources and operations within and outside their protected walls. Having control over traffic between the organization's applications and each remote worker is critical to ensure smooth business operations and reduce DNS security issues. 

According to the Neustar International Security Council survey conducted in September 2021, 55% of companies think of DNS security as critical for protecting a remote workforce, and 51% are considering setting up a Private Enterprise DoH to protect the data privacy of their remote workers. DNS filtering is essential to protect remote users, as 78% of threats involve the DNS layer. In 2022, 88% of organizations experienced a cyber-attack; 51% of organizations were victims of phishing, and 43% of organizations were victims of ransomware. Therefore, the growing implementation of a hybrid work culture is establishing substantial opportunities for the future growth of the DNS security software market.

Key Findings of DNS Security Software Market Study:

The DNS security software market is segmented on the basis of deployment, enterprise size and geography. Based on deployment, the global DNS security software market is segmented into on-premise and cloud-based. Based on organization size, the DNS security software market is bifurcated into small and medium enterprises and large enterprises. By geography, the DNS security software market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.

Based on deployment, the DNS security software market is segmented into on-premises and cloud. The cloud segment held the largest share in the DNS security software market in 2022. Cloud-based DNS security uses the DNS layer, easy to deploy, instant scalability and coverage, and fast management are some of the advantageous features of cloud-based DNS security. A cloud-based DNS security solution is an ideal complementary service that provides added income sources to a business model with very little time investment. Cloud Domains allows the customers to register and manage domains in the cloud and provides deep integration with Cloud DNS. Various DNS security software market players are launching cloud-based DNS server technologies. In July 2022, Rackspace Technology, a leader in end-to-end multi-cloud technology solutions, launched a new Cloud DNS API v2 that provides several enhancements to the Rackspace Technology Cloud DNS v1 API. Rackspace Technology Cloud DNS v2 API allows developers to work faster and easier, scale to larger volumes, and detect errors when DNS records are found. Cloud DNS v2 API has a variety of features, including faster speed, better scalability, and better dataset validation. All such factors contributes to the segment’s growth in DNS security software market.

On-premise storage involves keeping all of your servers and data in your offices, typically in a single location. The on-premise solutions offer comprehensive coverage as well, it cannot match the speed and efficiency of combatting threats “over there” before they have a chance of approaching the devices. On-premises security is the security measures physically on the premises of a business. On-premises security refers to both the rules and tools in place to protect the security and accessibility of computer networks, including both hardware and software. Some examples include firewalls, VPNs, and antivirus software—along with physical security measures. It allows to configure the system as per the requirement that needs a high level of expertise. Various service providers of DNS security software are launching on-premises deployment services for DNS protection. For instance, in October 2022, Azure DNS Private Resolver from Microsoft Corporation provided a fully managed recursive resolution and conditional forwarding service for the Azure virtual network. The Microsoft Corporation's successful hybrid networking strategy demands DNS security services that work seamlessly across on-premises and cloud networks. All such factors contributes to the segment’s growth in DNS security software market

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