The DDI market is estimated to reach US$ 1532.2 Mn in 2028, growing at a rapid 15.6 percent CAGR from 2022 to 2028. The global DDI market is expected to increase at a stunning 15% annual pace, indicating a promising future. SMEs are fast developing as high-potential end-use consumers for DDI services and solutions providers, according to a new Future Market Insights survey.
Top 3 DDI Regional Markets Maintain a value share of more than 50%
While North America will continue to dominate the global market for DDI services and solutions, the report predicts that North America, Europe, and East Asia will collectively account for more than half of the market value. Furthermore, in the approaching years, MEA will most certainly see an above-average rate of DDI adoption.
The need for DDI solutions will continue to dominate the market, accounting for more than half of the overall market value. However, due to the growing importance of managed and support services inside business contexts, FMI’s analysis identifies significantly developing prospects in the DDI services market.
Demand for IP Address Management Solutions to Play a Major Role in DDI Demand Growth
Rising IPv6 (Internet Protocol Version 6) usage and the growing requirement for effective IP address management have been identified as important market opportunity areas for DDI solutions and service providers. Furthermore, IP address management is essential in today’s commercial network infrastructure. However, one of the major restraints in the global DDI market is the low adoption rate of software-defined networking. Software-defined networking, which includes DDI, offers a new means of offering peripheral network services. However, DDI solution suppliers do not use SDN architectures to distribute their software.
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. are some of the most prominent companies active in the DDI services and solutions landscape, according to FMI’s report.