Increasing Internet Penetration and Expected Launch of New TLDs Drive the Global Domain Name Registrations, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on the Domain Names markets. Number of Domain Names registration worldwide is projected to exceed 305 million by 2018. Apart from launch of new Top Level Domains and approval for new Internationalized Domain Names by ICANN, growing Internet penetration, online advertising, and e-commerce transactions are expected to contribute to growth in number of domain name registrations in the future.

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Domain Names: A Global Strategic Business Report

San Jose, California (PRWEB) August 31, 2012

Follow us on LinkedIn – The domain names space is already beginning to yield exciting prospects driven by several factors including introduction of new domain names and top level domains in regional languages, availability of wireless hot spots, and advent of smartphones that quickly connect to the Internet. While mature markets such as the US are likely to witness a decelerating growth owing to strong penetration of broadband and e-commerce, emerging countries are expected to post stronger growth owing to the increasing penetration of Internet and e-commerce spending. The beginning of 2012 marked the opening of an application period for new domain extensions uncovering new registration opportunities that would become available in early 2013.

Domain name registrations are set to grow significantly with the Internet Corporation for Assigned Names and Numbers (ICANN) introducing new generic top-level domains (gTLDs). In addition, launch of International Domain Names (IDNs) that feature non-Latin script is expected to result in an upsurge in domain name registrations in future. The new domains would enable companies and organizations to improve user interaction, security, revenues and branding. In addition, the new domains would enable owners of different high-profile entities, including sports teams and corporations to protect their trademarks and brands, increase brand equity and reach out to more number of customers, resellers and partners. Further, the availability of more Internationalized Domain Names, under ICANN’s new gTLD Program would enable millions of users to register and access domain names based on their regional languages and scripts.

Region-wise, Europe accounts for the largest share worldwide, as stated by the new market research report on Domain Names. Availability of reliable and better Internet connections in developing countries is expected to push the number of domain names registered in future. Asia-Pacific is one of the most rapidly expanding e-commerce markets in the world. In tune with the growing Internet population, number of registered domain names in Asia-Pacific is expected to increase significantly. Growth would also be fuelled by IDNs as a large number of Internet users in Asia-Pacific are non-English speakers. Although country code Top-Level Domains (ccTLDs) are much lower in number than gTLDs, ccTLD registrations are forecast to grow at a faster rate when compared to gTLD registrations. The rapid growth in number of ccTLD registrations is primarily attributed to availability of wider range of domain names under ccTLDs. Further, a number of major ccTLD registries are offering ccTLDs to overseas applicants, which could drive the number of ccTLD registrations.

There exists strong competition among companies operating in the domain name registry services space for gaining business. Major players profiled in the report include ARI Registry Services, Afilias Limited, eNom, Group NBT, Network Solutions, NeuStar Inc., Nominet UK, Register.com, Sedo GmbH, The Go Daddy Group Inc., Tucows Inc., and VeriSign, Inc., among others.

The research report titled "Domain Names: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides estimates and projections in terms of number of domain name registrations (in thousands) for global and regional markets including the US, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Key segments analyzed include Country Code TLDs and Generic TLDs.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Domain_Names_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
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Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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