Latest News- DNS DHCP IP Address Management (DDI) Market: Network automation is expected to lead the Application segment during 2024-2028

The DNS DHCP IP Address Management (DDI) Market is being driven by Rise of intelligent DNS systems

The DNS DHCP IP Address Management (DDI) Market is expected to grow at a CAGR of 18.52% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 956.5 million. In today's digitally interconnected business landscape, network security and data protection have become paramount concerns. The increasing volume of data being stored on networks and through cloud-based deployments exposes organizations to a myriad of cyber threats and vulnerabilities, including Denial of Service (DoS) attacks, Distributed Denial of Service (DDoS) attacks, phishing scams, and online fraud. A single data breach can result in significant financial losses through costly lawsuits and insurance claims, as well as reputational damage. DNS, DHCP, and IP Address Management (DDI) solutions play a crucial role in mitigating these risks by ensuring secure and efficient management of critical network infrastructure. These solutions help businesses maintain control over their IP address spaces, prevent unauthorized access, and minimize the risk of data leaks. By implementing robust DDI solutions, organizations can safeguard their sensitive data, protect their stakeholders' rights, and maintain a strong enterprise image and reputation. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Network automation
  • Virtualization and cloud
  • Data center transformation
  • Network security
  • Others
• Deployment
  • Cloud based
  • On premises
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • India
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise of intelligent DNS systems
• Surge in attacks due to proliferation of BYOD policy at workplaces
• Reduction in operational expenditure (OPEX)

However, the market also witnesses some limitations, which are as follows:

• Intense competition from open-source software
• Lack of consumer awareness of DDI
• Complexity of DDI

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Market Scope in DNS DHCP IP Address Management (DDI) Market Research Report

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Research Analysis Overview

The DNS DHCP IP Address Management (DDI) market encompasses solutions that offer features such as DHCP failover for high availability, network segmentation for security, DNS load balancing for performance, and DNS caching for efficiency. Additionally, it includes functions for managing DHCP options, IP address reservation, DNS record and zone management, DNS delegation, and DHCP scope and lease management. Other capabilities include IP address tracking, network auditing, performance monitoring, capacity planning, change management, configuration management, automated provisioning, and network troubleshooting automation. Self-service access, multi-tenant, centralized, and distributed DDI options are also available. Network automation tools, API integration, security integration (network, cloud), compliance frameworks, industry best practices, architecture optimization, performance optimization, reliability improvement, resilience, efficiency, cost optimization, scalability, agility, flexibility, visibility, and insights are key benefits of DDI solutions.

Market Research Overview

The DNS, DHCP, IP Address Management (DDI) market is a significant segment within the larger IT services industry. This market encompasses companies specializing in DNS management, DHCP management, and IP address management solutions. These offerings are essential for network automation, ensuring network security, and maintaining network infrastructure. Technavio's market analysis includes DDI solutions providers in the context of the global Internet services and infrastructure market. This market comprises organizations delivering services and infrastructure for the Internet industry, such as data centers, cloud networking and storage infrastructure, hosting services, IT security services, and cloud computing services. Our research covers combined revenues from these companies to determine the overall market size.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/