Web And Domain Protection Software Market Report

Market Insights

The Global web and domain protection Software Market is expected to grow from USD 1,834.0 million in 2020 to USD 3,996.6 million by 2026 at a CAGR of 13.9% during the forecast period.

Figure: Global web and domain protection Software Market Size, 2020-2026 (USD Million)

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What is a web & domain protection software?

A web and domain protection software are a cybersecurity product that identifies, blocks, and responds to the cyber-attacks that target an organization’s web resources including websites, web applications, and web browsers. The web is one of the most lucrative vectors for attackers. Attackers often use the web to launch attacks resulting in loss of data, money, identity, and reputation of the business.

The web and domain protection software ensures protection from such attacks. Its key features include monitoring and security at the DNS layers, blocking access to malicious sites, controlling employees’ access to websites, visualization, and reporting of web usage, immediate updating of policies, threat analysis, and malware removal.

Key Players

Key players operating in the global web and domain protection software market are-

• Mimecast (UK),
• Comodo (The U.S),
• GoDaddy (The U.S),
• Sucuri (The U.S),
• Domain.com (The U.S),
• SiteLock (The U.S),
• InterNetX (Germany),
• Webroot (The U.S),
• ZeroFOX (The U.S), and
• Cloudflare (The U.S).

Market Dynamics

The web and domain protection software market are growing steadily with driving factors such as the increasing number of websites on the internet and the need for enterprises to safeguard their websites from hacking or malware attacks.

The increasing adoption of cloud-based services offers new opportunities for growth to the market. However, less spending on security products acts as a restraining factor for the web and domain software market.

Segment Analysis

End User Trends

Among the end users, IT and Telecom industry vertical is expected to be the largest user of web and domain protection software due to the presence of large number of IT businesses across the globe which showcases their offerings through websites.

• The sector understands the criticality of web and domain protection and hence makes necessary spending to safeguard its website from hackers and malware attacks.
• Other industry verticals, such as healthcare and education are expected to grow with significant rate owing to the regulatory environments they work in and use of digital technologies to deliver their services.

Regional Trends

In terms of regions, North America dominates the market, and this trend is expected to continue during the forecast period. The region has the presence of a large number of enterprises that make use of numerous digital channels including websites to deliver their services to their customers. With the fast emergence of small businesses and freelancers, Asia Pacific is expected to witness the highest CAGR during the forecast period.

COVID-19 Impact on Global web and domain protection Software Market

Due to the lockdowns during the COVID-19 pandemic in 2020, there has been greater adoption of website hosting services and hence web protection solutions. Many individuals opened new businesses in 2020 which they can run from home only and launched websites to create brand awareness. This acted as a major driving factor for the web and domain protection software market.

Critical Questions Answered in the Report

• What are the key trends in the global web and domain protection software market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the global web and domain protection software market?
• What are the key strategies adopted by the major vendors to lead in the global web and domain protection software market?
• What is the market share of the top vendors?

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Target Audience

Here is the list of the group of customers that the Web and Domain Protection Software market hopes to have the greatest opportunity to convert-

• Web and Domain Protection Software Vendors
• Cybersecurity Consultants
• Domain and Hosting Service Providers
• Enterprises
• Freelancers
• Standard Making Bodies

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