Global DDI (DNS, DHCP, and IPAM) Solutions Market - Segmented by Component (Hardware, Software, and Service), Application (Network automation, Data Center Transformation, and Virtualization), End-User Industry (Manufacturing, Retail, IT & Telecom), and Region - Growth, Trends, and Forecast (2018 - 2023)
The DDI (DNS, DHCP, and IPAM) solutions market is projected to register a CAGR of 18.2% during the forecast period (2018 - 2023). The scope of the report is limited to components of market, such as hardware, software, and service. The scope includes different applications offered, such as network security, virtualization, and various others. The regions considered in the scope of the report, include North America, Europe, and others.
The key advantage of DDI solutions (DNS, DHCP, and IP address management solution) is integration of the IP address plan data with the live actual data held in DNS and DHCP servers, which helps the firms to quickly direct the diverse tasks connected with IP address management (IPAM).
Growing Concerns about Security and Privacy of Data
Each day, a lot of users access many company websites, generating a lot of internet traffic, and need access to networks and core business resources, where IP addresses are used by different customers, for use in their smartphones, laptops, VoIP telephones, and video teleconferencing. Assigning IPv6 addresses and signing for security for each user has become a difficult task to manage by a single person. DDI helps in automate the delivery and management of the private network functions. It can reduce operating expenditure related to DNS, DHCP, and IPAM by 50% or more, which can save headcount in large enterprises. Management of electronic equipment is more efficient with DDI environment with more cost savings, enhanced security, and maximum IP system resilience.
Increasing Demand in Financial Sector
Financial services rely heavily on the availability of internet, its capacity to securely communicate information in real time, which results in network service continuity, and security as the most important aspects. DDI network enables the financial sector in quickly delivering services with fewer errors, in order to support business in a more efficient way. Also, as DNS servers are prone to hacking, it is important for banks and insurance companies to protect their data. DDI solution protects their servers from any kind of attacks, without blocking legitimate traffic and disturbing the continuity of service.
North America to Lead the Market
North America accounted for largest market share during the forecast period, mainly due to increasing IoT trends in the region, which have increased the adoption of innovations, such as big data, mobility, and cloud. Apart from this, Asia-Pacific is expected to grow substantially due to the high density of population, growing rate of internet usage, and rapid increase in the usage of mobile devices during the forecast period.
Key Developments in the Market