DNS Firewall Market Expected to Grow From $90.5 Million in 2018 to $169.7 Million by 2023

Home / News

DNS Firewall Market Expected to Grow From $90.5 Million in 2018 to $169.7 Million by 2023

By CircleID Reporter
May 31, 2018, 7:19 pm PDT Views: 14,706 Comments: 1

DNS firewall market size is expected to grow from USD 90.5 million in 2018 to USD 169.7 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.4% according to a market research conducted by MarketsandMarkets. The extreme vulnerability of DNS to malware and APT intrusions and the proliferation of web applications are some of the major factors driving the growth of the DNS firewall market. From the report: “North America is expected to account for the largest market size during the forecast period in the DNS firewall market followed by Europe. This is attributed to the mass adoption of DNS security solutions by major end-use verticals, such as telecom and IT, media, entertainment, and gaming, along with Banking, Financial Services, and Insurance (BFSI). In terms of growth rate, the Asia Pacific (APAC) region is expected to grow at the highest CAGR during the forecast period. The region comprises China, India, Australia, South Korea, Japan, and New Zealand, which have a large number of internet users and enterprise customers. In addition to this, internet, data centers, and cloud infrastructure have evolved in the region with the emergence of Long-Term Evolution (LTE), LTE-Advanced, and 5G networks.”

By CircleID Reporter — CircleID’s internal staff reporting on news tips and developing stories. Do you have information the professional Internet community should be aware of? Contact us.
Visit Page

Filed Under

Comments

DNSSEC? Rick – Jun 3, 2018 9:46 PM

Why isn’t the answer to this something we already have—DNSSEC?

# 1 Reply | Link | Report Problems

The Weekly Wrap

More and more professionals are choosing to publish critical posts on CircleID from all corners of the Internet industry. If you find it hard to keep up daily, consider subscribing to our weekly digest. We will provide you a convenient summary report once a week sent directly to your inbox. It's a quick and easy read.