DNS Firewall Market Expected to Reach $785.1 Million by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “DNS Firewall Market," The DNS firewall market was valued at $151.63 million in 2022, and is estimated to reach $785.1 million by 2032, growing at a CAGR of 18.2% from 2023 to 2032.

The domain name system (DNS) firewall refers to the network security solution that assists in facilitating the network users and providers. It helps in taking prevention from connecting to the malicious Internet location. This firewall enables to prevent the data exfiltration by employing the DNS response policy zones (RPZs) and security threat intelligence. Furthermore, the proliferation of cyber threats, including DNS-based attacks such as DNS hijacking, cache poisoning, and DDoS attacks, has raised awareness about the need for robust DNS security. Organizations are increasingly investing in DNS firewall solutions to protect their networks and data from these threats. In addition, continued advances in artificial intelligence (AI) and machine learning (ML) will increase the capabilities of DNS firewalls. This technology is expected to enable DNS firewalls to detect and react to threats in real time, making them more effective.

Furthermore, major market players have undertaken various strategies to increase the competition and offer enhanced services to their customers. For instance, in May 2023, IBM Corporation collaborated with SAP SE, a German multinational software company. Through this collaboration, IBM Watson technology is expected to be embedded into the SAP solutions, to deliver fresh AI-driven automation and insights that will speed up innovation and improve user experiences throughout the SAP solution line. With the aid of IBM Watson AI solutions based on IBM's trust and transparency and data protection principles, new AI capabilities in SAP Start will be created to assist customers increase productivity through both, natural language capabilities and predictive insights. This strategy is implemented to strengthen IBM’s position in the DNS firewall market. Moreover, in December 2020, F5 Inc. launched F5 Cloud DNS – Primary DNS service to easily and fully manage their DNS infrastructure. The solution ensures high performance and availability of apps, simplifying DNS delivery across multi-cloud and modern applications. This strategy was implemented to enhance F5 Inc.’s product portfolio and strengthen its position in the DNS firewall market.

On the basis of industry vertical, the BFSI segment attained the highest DNS firewall market size in 2022, owing to the digitizing banking services, increasing vulnerability to cyberattacks, and others. Adoption of DNS analytics plays a critical role in preventing DoS and DNS-related attacks across banks to financial institutions, which are highly targeted by cybercriminals and malware attacks overtime.

Region-wise, Asia-Pacific is expected to be the fastest growing region during the forecast period owing to rise in demand for managed DNS security services in the Asia-Pacific region. Many organizations prefer outsourcing DNS security to specialized providers to enhance their security posture while focusing on core business operations.

The COVID-19 pandemic led to a surge in cyberattacks as cybercriminals sought to exploit the vulnerabilities exposed by the sudden shift to remote work and increased online activity. This surge in cyber threats, including DNS-based attacks, has driven up the demand for DNS firewall solutions. Moreover, with the widespread adoption of remote work during the pandemic, organizations faced new challenges in securing their remote workforce. DNS firewalls had become essential tools for ensuring the security of remote employees accessing corporate networks from various locations and devices. Furthermore, the pandemic accelerated the migration of IT resources to the cloud. As organizations transitioned to cloud-based services and infrastructure, the need for DNS security solutions, particularly cloud-based DNS firewalls, increased. These solutions provided scalable and flexible protection for cloud-based assets. Therefore, COVID-19 had a positive impact on the domain name system firewall market.  

Key Findings of the Study

• By deployment mode, the on-premise segment led the DNS firewall market share in terms of revenue in 2022.
• By end user, the enterprise segment led the DNS firewall market forecast in terms of revenue in 2022.
• By region, North America generated the highest revenue in 2022 in DNS firewall industry.

The key players profiled in the DNS firewall market analysis are IBM, EfficientIP, Comodo Group Inc., Allied Telesis Inc., Digicert, Inc., Cisco Systems Inc., BlueCat Networks, Cloudflare, Inc., F5, Inc., and Infoblox. These players have adopted various strategies to increase their market penetration and strengthen their position in the DNS firewall industry.