DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "DDI Market by Component (Solutions and Services), Application (Network Automation, Virtualization and Cloud, Data Center Transformation, Network Security, Others), Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2022" report to their offering.
The DNS, DHCP, and IP address management (DDI) market is expected to grow from USD 219.8 Million in 2017 to USD 467.8 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period.
Several factors such as increase attacks on DNS server, emergence of IOT platforms, proliferation of BYOD at workplace, and reduction in OPEX are responsible for the growth of the DDI market. Verticals such as telecom and IT, Banking, Financial Services and Insurance (BFSI), government & defense, healthcare & life sciences, education, retail, manufacturing, and others including media & entertainment, energy & utilities, and hospitality has boosted the DDI market.
Rapid change in technologies is resulting in new solutions and software tools for enterprises. The adoption of these solutions by enterprises has always been difficult due to plenty of emerging technologies. Most of the organizations still use manual ways to record and maintain IP addresses by using spreadsheets, manual DNS & DHCP administration, and IP address management. However, networks become more complex when the number of devices increases, that leads to inadequate IPAM and reduces availability of enterprise resources. This is one of the challenges impacting the long term growth of the DDI market.
Market Dynamics
Drivers
- Rise of IoT Platforms
- Increasing Byod Trend at Workplaces
- Expansion of Existing DDI Solutions And Adjacent Network Services
- Significant Adoption of Virtualization By Organizations
Restraints
- Limited Mainstream Adoption of Sdn
Opportunities
- Increasing Need for Ipam
- Advent of Ipv6
Challenges
- Lack of Awareness
- Integration of DDI in Complex Networks is Time Consuming
Companies Mentioned
- Bluecat Networks
- BT Diamond Ip
- Cisco Systems, Inc.
- Efficientip
- Fusionlayer Inc.
- Infoblox Inc.
- Men & Mice
- Microsoft Corporation
- Nokia Corporation (Alcatel-Lucent Enterprise)
- Pc Network Inc.
- Solarwinds Worldwide, Llc.
- Tcpwave Inc.
For more information about this report visit http://www.researchandmarkets.com/research/9jxtzx/ddi_market_by
