DDI Market to be Dominated by the IT & Telecom Segment In The Forecast Period
Security and compliance along with the
growth of Internet of Things (IoT) are the primary catalysts driving the Global
DDI market during the forecast period 2024-2028.
According to TechSci Research report,
“DDI Market - Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2028F,” the Global DDI Market is anticipated to
experience robust growth during the forecast period. The major factors fueling
the DDI Market growth include the rise of IoT platforms, the increasing BYOD
trend in workplaces, the expansion of existing DDI solutions and adjacent
network services, and significant adoption of virtualization by organizations. DDI
is widely used in network automation, virtualization, cloud services, data
center transformation, and network security. It is an important tool used by
enterprises to reduce operational expenses and streamline the management of IP
assets by enhancing agility, security, speed, and error-free configuration of
IP architecture.
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Global DDI Market is segmented based on
component, deployment mode, application, end-user, organization size, region,
and competitive landscape. Based on component, the market is divided into service,
hardware, and software. Based on deployment mode, the market is divided into
cloud and on-premises. Based on application, the market is divided into network
automation, virtualization & cloud, data center transformation, network
security and others. Based on end-user, the market is divided into IT &
Telecom, BFSI, government & defense, healthcare, retail & others. Based
on Organization Size, the market is divided into large enterprises, small &
medium enterprises. Based on region, the market is further divided into North
America, Asia-Pacific, Europe, South America, Middle East & Africa.
Based on Organization Size, SMEs segment
to dominate the market during the forecast period, as opposed to putting
resources into on-premises organizing arrangements, SMEs favor cloud-based
arrangements, which are more adaptable and affordable. The reaction of DDI is
anticipated to be driven by SMEs' acceptance of the pay-more-only
as-costs-arise approach to nimbly handle the IT framework in accordance with
their requirements. Accordingly, the requirement for effective client
information security, cost-cutting, and achieving a competitive edge, enables a
speedy response and optimal decisions that are projected to drive the growth of
the DDI market in SMEs. Factors such as the requirement for effective client
information security, cost-cutting, gaining a competitive edge, and speedy
response and optimal decisions are also projected to drive the development of
the DDI market in SMEs.
Based on the end user, the IT and
Telecom sector is expected to hold the largest market share during the forecast
period. IT and Telecom companies deal with complex systems that need to be
updated regularly to meet the fast-changing innovative demands of the industry.
This requires the deployment of efficient DDI solutions and services. Securing
DNS servers from malicious attacks, ensuring high resiliency, and centralized
management and monitoring of networks are major aspects of the telecom and IT
industry that contribute to the significant share of the DDI market. The
proliferation of mobile devices and the advent of IPv6 are also putting
increasing pressure on telecom and IT companies to effectively manage and
handle large numbers of IP addresses, thereby facilitating the adoption of DDI
solutions and services within the telecom and IT vertical.
Based on the region, Asia Pacific is
expected to register the highest CAGR during the forecast period. The
Asia-Pacific region is emerging as the world's fastest-growing economy, driven
by increasing investments in improving performance, security, and economic
stability. The APAC region comprises major economies such as China, India,
Japan, Singapore, Malaysia, and Australia. The APAC region is witnessing a
surge in the deployment of DDI solutions. China, the world's leading
manufacturing country, is using real-time machine monitoring systems to enhance
operational efficiency and production in manufacturing companies. Manufacturers
are considering network management as a crucial business capability and aim to
reduce their operational expenses (OPEX). By effectively implementing DHCP,
DNS, and IPAM, DDI solutions enable businesses to streamline their security and
maintenance processes. Furthermore, vendors operating in the APAC region will
be able to achieve high levels of efficiency. APAC is a growing market with
significant growth in the telecom and IT vertical in emerging economies. In a
similar vein, the introduction of IPv6 and the increasing number of mobile devices
are expected to drive up the demand for DDI solutions and services in the APAC
region.
Key market players in the Global DDI Market are:
- Infoblox, Inc.
- Cisco Systems
- BlueCat Networks, Inc.
- BT Global Services
- EfficientIP SAS
- FusionLayer, Inc.
- Nokia Corporation
- Men & Mice
- SolarWinds Inc.
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“The integration of artificial
intelligence (AI) and machine learning (ML) to create savvy DNS and DHCP
arrangements in DDI is enhancing security, identifying patterns, and generating
proactive recommendations. Additionally, the increasing demand from the IT and
telecommunications industry to protect DNS servers from malicious attacks and
provide centralized management and control of networks is creating a positive
outlook for the market. Other factors, including the rising DDI adoption in the
education industry, increasing rates of cyber-attacks, and widespread adoption
of cloud services, are expected to drive market growth. Mr. Karan Chechi, Research
Director at TechSci Research, a research-based global management consulting
firm.
“DDI Market –
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018–2028F Segmented By Component (Services,
Hardware and Software), By Deployment Mode (Cloud and On-premises), By
Application (Network Automation, Virtualization & Cloud, Data Center
Transformation, Network Security and Others), By End User (IT & Telecom,
BFSI, Government & Defense, Healthcare, Retail and Others), By Organization
Size (Large Enterprises, Small & Medium Enterprises), By Region, Competition,” has evaluated the future
growth potential of Global DDI Market and provides statistics & information
on market size, structure, and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Global DDI
Market.
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