DDI solution sales were valued at around US$ 551.5 Mn at the end of 2021. The DDI market is projected to register 15.6% CAGR and top a valuation of US$ 1,532.2 Mn by 2028.
The DDI growth will continue to accelerate due to the continuous developments in IP management technologies. The growth of this market is driven by factors such as increasing adoption of DDI solutions in SMEs, rising adoption of IPv6 and IoT connected devices, rising number of cyber-attacks through social media platforms, rising adoption of BYOD (Bring Your Own Device) trend. DDI market is nearly 10% of network management system market.
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Top 3 Regional Markets for DDI Hold over 50% Value Share
While North America’s market for DDI services and solution will maintain the lion’s share in the global value, the report forecasts a collective share of over half of the market value for North America, Europe, and East Asia. Furthermore, DDI adoption is most likely witness an above-average rate within MEA over the coming years.
Demand for DDI solutions will continue to account for more than 50% of the total market value. However, FMI’s analysis highlights rapidly growing opportunities arising in the DDI services segment owing to the rising significance of managed & support services within enterprise environments.
With a collective share of over 55% in the market value, cloud & virtualization and network security will remain the top application areas of DDI services and solutions. Revenue through cloud deployment is poised to register an ascending rate in DDI market.
Businesses Demanding IP Address Management Solutions to Majorly Contribute in DDI Demand Growth
Rising adoption of IPv6 (Internet Protocol Version 6) and growing need for effective IP address management have been cited as the key opportunity areas for DDI solution and service providers in the market. Moreover, IP address management also holds crucial position in the modern business network infrastructure. However, low adoption rate of software-defined networking is found to be one of the key restraining factors in the global DDI marketplace. Software-defined networking provides a new way of delivering peripheral network services, including DDI. However, DDI solution providers are not delivering their software via SDN architectures.
According to the report, constantly increasing popularity of the BYOD (Bring your own device) trend at workplaces will prominently assist the growth of DDI market in the near future. Increasing network complexity and rapid addition of a number of network management points will further intensify the requirement of DDI services, thereby bolstering the revenue growth of market.
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DDI Market Participants to Strategize on Acquisitions
In the fairly consolidated competitive landscape of DDI market, a limited number of regional and local players are competing for firmer market positions. While new product launches and existing portfolio upgrade have been the important strategies assisting growth of companies in the DDI space, strategic acquisitions are most likely to emerge a popular growth strategy among the market participants.
FMI’s report has profiled some of the most prominent companies active in DDI services and solutions landscape, including Infoblox, Inc., Cisco Systems, Inc., BlueCat Networks, Inc., Nokia, TCPWave Inc., PC Network Inc., Men & Mice, EfficientIP, ApplianSys, FusionLayer, BT Diamond IP, Microsoft Corporation, and NCC Group plc. among others.
Key Queries Answered in the Report
- How has the DDI market evolved in the past four years and what is the outlook for the next decade?
- What are the key market trends and strategic developments in the DDI market?
- What are the key challenges faced by the DDI solution and service providers?
- What are the market dynamics in the global DDI market?
- What are the strategies and market positioning of DDI solution and service providers as per the DDI market taxonomy?
- What is the DDI market structure at present and how has it evolved in the past few years?
Global DDI Market Segmentation
By Component
- Solutions
- Services
- Managed and Support Services
- Professional and Training Services
By Application
- Network Automation
- Virtualization and Cloud
- Data Center Transformation
- Network Security
By Deployment Type
- On-Premise
- Cloud
By Organization Size
- Large Enterprises
- Small and Medium Enterprises (SMEs)
By Vertical
- Information (Telecommunication & IT)
- Finance & Insurance
- Public Administration
- Health Care and Social Assistance
- Educational Services
- Retail Trade
- Manufacturing
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By Region
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
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