Impact of COVID-19 on the domain name registrar market 2021 | Business Trends, Market Analysis, Industry Overview & Growth Strategy | GoDaddy inc. , HiChina, hostgator.com LLC, Hostinger international ltd
The growing popularity of premium domain names to strengthen brands and generate financial gains has also propelled the growth of the market.
The Market Summary of the Domain Name Registrar Market
the Domain Name Registrar Market The report is designed to include both qualitative and quantitative aspects of the business in each region and country participating in the study. The report also offers detailed information on important characteristics such as growth factors, challenges, and business opportunities that may define the future evolution of the market.
The report also traces the latest market dynamics such as driving factors, restraining factors, and industry news such as mergers, acquisitions, and investments. It offers market size, market share, trends, growth rate by types, applications, end users and bundles qualitative and quantitative methods to make micro and macro forecast in many regions or countries around the world.
The rapid growth of the e-commerce industry globally has mainly influenced the growth of the market in a positive way during the forecast period 2019-2026. Nowadays, online shopping has become one of the most popular activities in the world.
Domain name registration is the first step for a business to ensure its presence in the online market. In addition, the growing popularity of premium domain names to strengthen brands and generate financial gains has also propelled the growth of the market.
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The Domain Name Registrars market segment by major key vendors includes:
1 & 1 ionos inc., Bluehost inc., DreamHost, LLC., Flippa.com pty ltd, Gandi sas, GoDaddy inc. , HiChina, hostgator.com LLC, Hostinger international ltd, Namecheap, inc. , network solutions, LLC, ovh, Tucows inc. Among these companies, Go Daddy is a market leader in domain name registration with a share of approximately 22% in 2017. In fiscal years 2017, 2016 and 2015, Go Daddy generated approximately 47%, 50% and 52% of the domain’s total revenues. -Related products.
Recently, Google entered the domain name registrar market and experienced colossal growth to rank among the top 10 registrars (Source: Verisign Report 2017). The main reason for the growth of Google domains is:
Higher ranking on google for key terms
Cross-marketing of other Google products
Trust and brand recognition
The SWOT analysis and Porter’s five analyzes were used by the analysts of the research report to analyze the data efficiently and dynamically. Different dynamic aspects of industries, such as drivers, challenges, risks, opportunities and restraints, have been inspected to gain detailed knowledge for making informed decisions in businesses. It highlights the statistics of the current state of the Domain Name Registrars market report, past progress as well as futuristic progress.
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Market segmentation :
By type of domain: Generic top-level domains, country code top-level domains
By deployment: On premise, Cloud
By the end user: Businesses, Nonprofits, Others
The domain name registrar market is expected to experience strong growth in the near future due to increasing customer demand. The market research is categorized by type, application, and major and minor geographies at country level.
- To study and analyze the global Domain Name Registrar market size (value & volume) by company, key regions / countries, products and applications, historical data from 2021 to 2029, and forecast to 2029.
- To understand the structure of Domain Name Registrars market by identifying its various subsegments.
- Share detailed information on the key factors driving the market growth (growth potential, opportunities, key drivers, key restraints, industry specific challenges and risks).
- To analyze the Domain Name Registrar with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Domain Name Registrar submarkets, with respect to key regions (along with their respective key countries).
- Analyze competitive developments such as extensions, agreements, new product launches and acquisitions in the market.
- To build a strategic profile of the main suppliers and to analyze in depth their growth approaches.
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