PUBLISHER: Grand View Research | PRODUCT CODE: 1552888
PUBLISHER: Grand View Research | PRODUCT CODE: 1552888
The global DNS, DHCP, And IPAM market size is expected to reach USD 2.3 billion by 2030, registering a CAGR of 22.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing demand for IPAM solutions is the major driver in the DDI market owing to the rapid proliferation of IP-enabled devices.
Moreover, the transition to IPv6 from the IPv4 Internet protocol is expected to contribute significantly to industry growth. The increasing awareness of security risks, impending implementations of IPv6, and need to streamline IP address management are expected to benefit the growth of DDI vendors. Mergers and acquisitions are playing a vital role in developing the market, which is expected to continue over the forecast period. This can be witnessed by the recent acquisition that took place in 2016 by Infoblox Inc. of IID, a cyber-threat intelligence company.
Cloud computing is a vital trend that is expected to impact the industry, owing to the increasing investments by the vendors. They are expected to increase the use of virtualized services, which will in turn impact the demand for DDI. Security plays an important role in this trend and is likely to drive the Domain Name System Security Extensions (DNSSEC) deployment over the next decade.
There has been a remarkable growth in e-learning in the recent years as companies identify their effectiveness and convenience of training and development. Owing to the several technological advancements, the transition to IPv6 and challenges faced by IT organizations to train their workforce on the latest solutions has led several companies to invest in developing e-learning solutions. For instance, in 2015, BlueCat launched its latest e-Learning program for its DDI solutions.