MarketsandMarkets forecasts the DNS, DHCP, and IP address management (DDI) market size, which is estimated to grow from USD 219.8 million in 2017 to USD 467.8 million by 2022, at a Compound Annual Growth Rate (CAGR) of 16.3%.
Browse 57 market data tables and 53 figures spread through 120 pages and in-depth TOC on “DDI Market by Component (Solutions and Services), Application (Network Automation, Virtualization and Cloud, Data Center Transformation, Network Security, and Others), Deployment Type, Organization Size, Vertical, and Region – Global Forecast to 2022″
Asia-Pacific (APAC) is expected to grow at the highest CAGR in the DDI market during the forecast period. The APAC region is emerging to be the world’s most powerful economy, due to the increased spending for enhancing performance, security, and economic stability. The APAC region comprises emerging economies such as China, India, Japan, Singapore, Malaysia, and Australia. The APAC region is witnessing surge in the deployment of DDI solutions. Top IT & Telecom vendors in APAC are implementing network management and monitoring systems to increase their operational efficiency and production. Telecom industries are anticipating the growing need of network security and IPAM DDI solutions enable the vendors to streamline their security and maintenance by efficient DHCP, DNS, and IPAM implementation. Furthermore, the DDI solutions will allow vendors operating in the APAC region to achieve higher efficiency. Similarly the demand for DDI solutions and services is expected to increase in the APAC region due to the advent of IPv6 and increasing number of mobile devices.
The telecom and IT sector is expected to hold the largest market size during the forecast period in the DDI market. All the IT and telecom industries use computers and mobile devices to execute their operations, each of these devices uses network to communicate data, making network the most significant part of the workflow. DDI makes it easy for IT and telecom industries to support their current and evolving needs, while achieving the highest standards for service uptime, network reliability, and operational efficiencies.
Deployment on-cloud is expected to grow at the highest CAGR from 2017 to 2022. Cloud deployment is a dynamic deployment model in the DDI market, which is implemented according to the network requirements. One of the major advantages of the cloud-based deployment is that it allows the enterprises to know the real-time condition of the network from a remote location. It also reduces the deployment cost as nothing has to be stored on–premises, which significantly reduces the initial investment and the maintenance cost required to maintain these solutions. Enterprises are considering cloud deployment as solution provider offers remote network management at competitive pricing.
The Small and Medium Enterprises (SMEs) segment is expected to grow at the highest CAGR in the DDI market during the forecast period. SMEs had been majorly dependent on manual records and spreadsheets to maintain their networks. This was majorly due to the lack of awareness and budget constraints. However, with the proliferation of mobile devices and advent of IPv6 , benefits of adopting DDI solutions and services is expected to drive the adoption of DHCP, DNS, and IPAM in SMEs during the forecast period.
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