South & Central America DNS Security Software Market Forecast to 2030

South & Central America DNS Security Software Market Forecast to 2030

South & Central America DNS Security Software Market Forecast to 2030 – Regional Analysis – by Deployment (On-Premise and Cloud) and Organization Size (Small & Medium Enterprises and Large Enterprises)

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Description

The South & Central America DNS security software market is expected to grow from US$ 48.50 million in 2022 to US$ 93.20 million by 2030. It is estimated to grow at a CAGR of 8.5% from 2022 to 2030.

Increasing Adoption of DNSSEC Solution Fuels South & Central America DNS Security Software Market

Like many internet protocols, DNS systems were not designed keeping security in mind, and they contain several design limitations. These limitations, combined with technological advancements, have made it easier for online attackers to hijack a DNS lookup for malicious activities, which involve redirecting users to fraudulent websites that can distribute malware or collect personal information. Domain Name System Security Extensions (DNSSEC) is a security protocol created to fix this problem. DNSSEC is a set of extensions to DNS that adds a layer of security by digitally signing DNS data. DNSSEC provides a higher level of security by ensuring authenticity and integrity of DNS data. As cyber threats like DNS spoofing and cache poisoning become more sophisticated, organizations are turning to DNSSEC as a crucial defense mechanism. Moreover, DNSSEC implements a hierarchical digital signing policy across all layers of DNS. For instance, in the case of google.com lookup, a root DNS server would sign a key for the.COM name server and it would then sign a key for google.com’s authoritative name server. Many industries and government entities have imposed regulations that require the implementation of DNSSEC for security and compliance reasons. This includes sectors such as finance, healthcare, and government. DNS security software that offers DNSSEC support helps organizations meet these compliance requirements. The increasing adoption of DNSSEC is anticipated to be a significant trend in the DNS security software market because it addresses critical DNS-related security concerns, aligns with regulatory requirements, and enhances trust and authenticity in the digital landscape. DNS security software providers that offer DNSSEC support are well-positioned to fulfill the evolving security needs of organizations and individuals in an increasingly interconnected world. Therefore, the DNSSEC is likely to emerge as a significant future trend in the DNS security software market in the coming years.

South & Central America DNS Security Software Market Overview

The South and Central America DNS security software market is segmented into Argentina, Brazil, and the rest of the South and Central America region. The increasing cyber-attacks in Brazil are helping to boost the adoption of the DNS security software market in South and Central America. In August 2022, according to the threat intelligence lab, FortiGuard Labs report, Brazil suffered US$ 31.5 billion in attempted cyber-attacks from January to June 2022. a 94% increase compared to 2021. Brazil is the second most targeted country in Latin America. In total, the Latin America and Caribbean region has suffered 137 billion attempted cyber-attacks. Furthermore, according to FortiGuard Labs, the number of ransomware signatures has nearly doubled in six months. In the first half of 2022, a total of 10,666 ransomware signatures were found in Latin America, with only 5,400 seen in the last half of 2021. Such an increase in cyber-attacks and ransomware attacks is helping to boost the adoption of DNS security software technologies in the South and Central America region. The Rest of SAM includes countries such as Chile, Peru, and Columbia. Chile recorded a record number of distributed denial of service (DDoS) attacks in 2020. Cyber attackers have expanded their target profile beyond the suspect industries as the mass shift to remote working and online gaming has opened up new opportunities. According to the NETSCOUT threat intelligence report in August 2021, in Chile, the frequency of cyber-attacks on various industries has been increasing. According to the NETSCOUT threat intelligence report, the top ten industries are affected by the cyber-attacks are wireless telecommunication carriers, telecommunication resellers, electronic computer manufacturing, other telecommunication industries, data processing hosting related services, internet publishing broadcasting services, wired telecommunication carriers, religious organizations, software publishers, cable and other subscription programming. The increase in cyber-attacks across various industries in Chile is boosting the adoption of DNS security software services. Similarly, in Columbia, the adoption of DNS security software services is increasing to prevent damage from DDoS attacks. For instance, in May 2022, Columbia Wireless, a high-speed ISP delivering connectivity throughout Columbia experienced a DDoS attack that saturated its upstream provider links and effectively brought down the network service for all customers for about one hour. Due to the attack, Columbia Wireless lost approximately 25% of its business customers due to this attack.

South & Central America DNS Security Software Market Revenue and Forecast to 2030 (US$ Million)

South & Central America DNS Security Software Market Segmentation

The South & Central America DNS security software market is segmented into deployment, organization size, and country.

Based on deployment, the South & Central America DNS security software market is bifurcated into on-premise and cloud. The cloud segment held a larger share of the South & Central America DNS security software market in 2022.

In terms of organization size, the South & Central America DNS security software market is bifurcated small & medium enterprises and large enterprises. The large enterprises segment held a larger share of the South & Central America DNS security software market in 2022.

Based on country, the South & Central America DNS security software market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America DNS security software market in 2022.

Akamai Technologies; Comodo Security Solutions, Inc; Efficient IP; Open Text Corporation; ScoutDNS, LLC; and Cisco Systems Inc are some of the leading companies operating in the South & Central America DNS security software market.

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At 8.5% CAGR, South & Central America DNS Security Software Market is Speculated to be Worth US$ 93.20 Million by 2030, says the Research Team

According to the Research Team’ research, the South & Central America DNS security software market was valued at US$ 48.50 million in 2022 and is expected to reach US$ 93.20 million by 2030, registering a CAGR of 8.5% from 2022 to 2030. Strategic initiatives by key market players, increasing adoption of cloud-based DNS solutions, and implementation of comprehensive cybersecurity policies globally are among the critical factors attributed to the South & Central America DNS security software market expansion.

Various key market players in the DNS security market are taking initiatives such as partnerships, agreements, collaborations, and new product launches. For instance, in August 2023, Meter, Inc. announced DNS Security, built in partnership with Cloudflare. Meter DNS Security is widely available for all Meter Network customers, expanding Meter’s existing NaaS offering and saving teams both time and money while also improving overall network performance and security, powered by Cloudflare’s Zero Trust platform. Further, in April 2023, Zscaler launched new solutions to improve best-in-class DNS security that provides flexibility, security, availability, and excellent performance. Similarly, in September 2022, ICANN launched the KINDNS initiative to promote DNS security best practices. In September 2022, CISA Launched its protective DNS resolver with general availability for federal agencies. Protective DNS shields federal organizations and users from reaching suspected or known malicious destinations with a cutting-edge facility that safeguards network connections. Also, in March 2023, OpenText aimed to boost DNS protection growth with upcoming product launches. OpenText planned to make DNS protection available separately from its endpoint security platform of Webroot, enabling the DNS protection offering to become relevant to a broader set of customers. Hence, strategic initiatives by key market players are expected to create new opportunities for the DNS security software market.

On the contrary, availability of free-to-use DNS security software and complexities of implementing DNS solutions hampers the growth of South & Central America DNS security software market.

Based on deployment, the South & Central America DNS security software market is bifurcated into on-premise and cloud. The cloud segment held 66.1% share of South & Central America DNS security software market in 2022, amassing US$ 32.05 million. It is projected to garner US$ 63.71 million by 2030 to expand at 9.0% CAGR during 2022-2030.

In terms of organization size, the South & Central America DNS security software market is bifurcated into small & medium enterprises and large enterprises. The large enterprise segment held 60.2% share of South & Central America DNS security software market in 2022, amassing US$ 29.21 million. It is projected to garner US$ 54.13 million by 2030 to expand at 8.0% CAGR during 2022-2030.

By country, the South & Central America DNS security software market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 33.7% share of South & Central America DNS security software market in 2022. It was assessed at US$ 16.33 million in 2022 and is likely to hit US$ 30.36 million by 2030, exhibiting a CAGR of 8.1% during 2022-2030.

Key players operating in the South & Central America DNS security software market are Akamai Technologies; Comodo Security Solutions, Inc; Efficient IP; Open Text Corporation; ScoutDNS, LLC; and Cisco Systems Inc, among others.

In 2022, Meter, Inc. announced DNS Security, built in partnership with Cloudflare. Meter DNS Security is widely available for all Meter Network customers, expanding Meter’s existing NaaS offering and saving teams both time and money while also improving overall network performance and security, powered by Cloudflare’s Zero Trust platform.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America DNS security software market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America DNS security software market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America DNS Security Software Market Landscape
4.1 Overview
4.2 Ecosystem Analysis
4.2.1 List of Vendors in Value Chain
5. South & Central America DNS Security Software Market – Key Industry Dynamics
5.1 DNS Security Software Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rise in Domain Name System (DNS)-based attacks
5.2.2 Increasing Adoption of Cloud-Based DNS Solutions
5.2.3 Implementation of Comprehensive Cybersecurity Policies Globally
5.3 Market Restraints
5.3.1 Availability of Free-to-Use DNS Security Software
5.3.2 Complexities of Implementing DNS Solutions
5.4 Market Opportunities
5.4.1 Implementation of Hybrid Working Styles
5.4.2 Strategic Initiatives by Key Market Players
5.5 Future Trends
5.5.1 Increasing Adoption of DNSSEC Solution
5.6 Impact of Drivers and Restraints:
6. DNS Security Software Market – South & Central America Market Analysis
6.1 South & Central America: DNS Security Software Market Revenue (US$ Million), 2020 – 2030
6.2 South & Central America DNS Security Software Market Forecast and Analysis
7. South & Central America DNS Security Software Market Analysis – Deployment
7.1 On-Premise
7.1.1 Overview
7.1.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Cloud
7.2.1 Overview
7.2.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million)
8. South & Central America DNS Security Software Market Analysis – Organization Size
8.1 Small and Medium Enterprises
8.1.1 Overview
8.1.2 Small and Medium Enterprises Market, Revenue and Forecast to 2030 (US$ Million)
8.2 Large Enterprises
8.2.1 Overview
8.2.2 Large Enterprises Market, Revenue and Forecast to 2030 (US$ Million)
9. South & Central America DNS Security Software Market – Country Analysis
9.1 South & Central America
9.1.1 South & Central America: DNS Security Software Market Overview
9.1.2 South & Central America: DNS Security Software Market, By Key Country – Revenue 2022 (US$ Mn)
9.1.3 South & Central America: DNS Security Software Market Revenue and Forecasts and Analysis – By Country
9.1.3.1 South & Central America: DNS Security Software Market Revenue and Forecasts and Analysis – By Country
9.1.3.2 Brazil: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.2.1 Brazil: DNS Security Software Market Breakdown by Deployment
9.1.3.2.2 Brazil: DNS Security Software Market Breakdown by Organization Size
9.1.3.3 Argentina: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.3.1 Argentina: DNS Security Software Market Breakdown by Deployment
9.1.3.3.2 Argentina: DNS Security Software Market Breakdown by Organization Size
9.1.3.4 Rest of South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.3.4.1 Rest of South & Central America: DNS Security Software Market Breakdown by Deployment
9.1.3.4.2 Rest of South & Central America: DNS Security Software Market Breakdown by Organization Size
10. Industry Landscape
10.1 Overview
10.2 Market Initiative
10.3 New Product Development
10.4 Merger and Acquisition
11. Company Profiles
11.1 Akamai Technologies Inc
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Comodo Security Solutions, Inc.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Efficient IP
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 OpenText Corporation
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 ScoutDNS, LLC
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Cisco Systems Inc
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
12. Appendix
12.1 About the Research Team
12.2 Word Index

LIST OF TABLES

Table 1. DNS Security Software Market Segmentation
Table 2. South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. DNS Security Software Market Revenue and Forecasts to 2030 (US$ Million) – Type
Table 4. South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Million) -Organization Size
Table 5. South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Country
Table 6. Brazil: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Deployment
Table 7. Brazil: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Organization Size
Table 8. Argentina: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Deployment
Table 9. Argentina: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Organization Size
Table 10. Rest of South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Deployment
Table 11. Rest of South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn) – By Organization Size
Table 12. List of Abbreviation
 

LIST OF FIGURES

Figure 1. South & Central America DNS Security Software Market Segmentation, By Country
Figure 2. Ecosystem: DNS Security Software Market
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. South & Central America: DNS Security Software Market Revenue (US$ Million), 2020 – 2030
Figure 5. DNS Security Software Market Share (%) – Deployment, 2022 and 2030
Figure 6. On-Premise Market Revenue and Forecasts to 2030 (US$ Million)
Figure 7. Cloud Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. DNS Security Software Market Share (%) – Organization Size, 2022 and 2030
Figure 9. Small and Medium Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Large Enterprises Market Revenue and Forecasts to 2030 (US$ Million)
Figure 11. DNS Security Software Market, By Key Country – Revenue 2022 (US$ Mn)
Figure 12. DNS Security Software Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 13. Brazil: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 14. Argentina: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 15. Rest of South & Central America: DNS Security Software Market Revenue and Forecasts to 2030 (US$ Mn)

1. Akamai Technologies
2. Comodo Security Solutions, Inc
3. Efficient IP
4. Open Text Corporation
5. ScoutDNS, LLC
6. Cisco Systems Inc

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