A new study by Transparency Market Research (TMR) states that the significant rise in the demand for cloud computing in a number of organizations working in the telecommunication and the IT industries is the main factor behind the tremendous progress of the global DNS, DHCP and IP address management (DDI) market. The report, titled “DDI Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017–2025,” especially focuses on the market trends and important growth factors to analyze the performance of this market.
Currently, the increasing demand for industrial internet of things (I IoT) platforms and the rising uptake of virtualization by a number of enterprises are driving the worldwide DDI market significantly and are anticipated to continue doing so over the forecast period. However, the dearth of awareness among consumers awareness the high level of complexity of DDI installation may limit the growth of this market in the years to come, notes the study.
In this research report, the global market for DDI has been analyzed on the basis of the component, deployment, application, industry size, end user, and the geographical presence of this market. Based on the component, the market has been categorized into solutions and services. Based on the type of the deployment, the market has been classified into cloud-based and on premise models.
By application, the market has been bifurcated into virtualization and cloud, data center transformation, network security, and network automation while in terms of the end user, the market has been segmented into the aerospace and defense, manufacturing, telecommunication, and the banking, financial services, and insurance (BFSI) sectors in this research study.
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Geographically, the report has divided the global DDI market into Europe, North America, Asia Pacific (APAC), the Middle East and Africa (MEA), and Latin America. Among these, North America has been leading the overall market and is anticipated to remain doing so in the near future on the grounds of the increasing number of technological innovations in this field, such as the advent of cloud, mobility, and big data in this region.
Asia Pacific, on the other hand, is projected to emerge as the most promising regional market for DDI over the period of the forecast. Further, this regional market is expected to rise at a significant rate due to the high density of population, increasing proliferation of mobile devices, and the escalating usage of internet, notes the market study.
BlueCat Networks, Nokia Corp., BT Diamond IP, ApplianSys, Infoblox Inc., Microsoft Corp., Apteriks, NCC Group, Cisco Systems Inc., EfficientIP, Men & Mice, FusionLayer Inc., TCPWave Inc., PC Network, and SolarWinds are some of the key participants in the global market for DDI, states the research report.