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The “Global Domain Name System (DNS) Firewall Market (2021-2027) by Deployment, Enterprise Size, End-user, Vertical, and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis” report has been added to ResearchAndMarkets.com’s offering.
The Global Domain Name System (DNS) Firewall Market is estimated to be USD 123.5 Mn in 2021 and is expected to reach USD 250.37 Mn by 2027, growing at a CAGR of 12.5%.
Adoption of Bring Your Own Device (BYOD) in the IT industry has been driving the overall DNS firewall market growth. The increasing concerns for the data security in data-sensitive centers, the vulnerability of DNS towards malware, viruses, and advanced persistent threat ( APT) intrusions are some of the factors fuelling the growth of the market.
Conversely, the IT security budget, lack of skilled workforce, and the absence of standards and protocols are likely to hinder the market growth. The high cost of implementing and upgrading the DNS firewall is also a constraint for market growth. The rising adoption of UTM solutions in enterprises further hinders market growth.
Market Dynamics
Drivers
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Extreme Vulnerability of the DNS to Malware and APT Intrusions
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Increasing Proliferation of Web Applications
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The Rapid Adoption of Mobile Devices and Bring Your Own Device (BYOD) Policy by The IT Industry
Restraints
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High Adoption of UTM Solutions in Enterprises
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IT Security Budget Concerns
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The Absence of Standards and Protocols
Opportunities
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Evolution of Virtualization, Resulting in the Growth of Virtual DNS
Challenges
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Lack of Competent Security Professionals
Segments Covered
By Deployment, the Virtual Appliance segment…
Full story available on Benzinga.com
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