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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