According to our latest market study on “DNS Security Software Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Deployment and Organization Size,” the market was valued at US$ 1,200.41 million in 2021 and is projected to reach US$ 2,314.56 million by 2028; it is expected to grow at a CAGR of 9.8% from 2021 to 2028.

Since the beginning of the COVID-19 pandemic, corporate players have introduced changes in their operations by enabling flexible work schedules, allowing remote working, and enhancing the employee experience. The hybrid work models allow them to define a more flexible, digital, and rewarding future for their employees. According to an article published by GENESIS INTEGRATION, 55% of US workers want a work pattern that allows the mix of working from home and office. The article data also reveals that more than 2 in 5 working adults (42%) are willing to give up some percentage of their salary for higher flexibility at work. 74% of Gen Z would prefer either working from home or splitting work time between home and work, as per the article published by GENESIS INTEGRATION.

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The tremendous spread of SARS-CoV-2 urged governments of different countries to impose strict restrictions on the movement of vehicles and humans. The consequent travel bans, mass lockdowns, and business shutdowns enacted by the governments affected economies and industries in various countries, especially in 2020. The lockdown imposition also resulted in the reduced production of commodities, goods, and services.

On the contrary, the COVID-19 pandemic contributed to the growth of the DNS security software market in 2020 as millions of employees were asked to work remotely by their companies for the first time in history. As employees accessed corporate systems via less-secure home and public Wi-Fi networks, the remote working practices led to a rapid increase in queries for DNS, which further resulted in a rise in cyberattacks targeting DNS. The incidence of DNS attacks further increased in 2021 due to ease in government regulations related to different fields and continued work from home. Therefore, the COVID-19 pandemic positively impacted the DNS security software market due to the increased need for DNS security software.

 Akamai Technologies; Canadian Internet Registration Authority (CIRA); Comodo Security Solutions, Inc.; DNSFilter Inc.; DomainTools; Efficient IP; HelpSystems; Open Text Corporation; ScoutDNS, LLC; and TitanHQ are among the key players operating in the global DNS security software market.

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