As an important player in the domain industry, InterNetX has been taking the pulse of the community; its annual Global Domain Report for 2024 will be released in the coming days.
Our contribution to the GDR project, among those of select domain industry professionals, will be exploring the industry’s latest trends. You can download a preview copy of the 2024 report by registering so that you get notified the moment the full report is released!
Simone Catania, Global Content & Communications Manager for InterNetX, has identified 11 predictions for 2024, providing a beacon for individuals and businesses in their quest for an effective digital identity.
Here’s a snapshot of what the future holds:
Market Expansion Impact: Expect a surge in domain market growth driven by digitalization, innovative technologies, the upcoming gTLD round, and evolving business models.
Pricing Evolution: Domain prices forecast shifts amid increased competition, the scarcity of compelling domain names, and various economic pressures.
Security Escalation: Enhanced protection measures to mitigate sophisticated digital threats become critical, with multi-factor authentication and stringent transfer rules taking center stage.
AI Integration: The integration of AI in domain services grows, optimizing registration processes, renewals, and cybersecurity defenses.
New gTLD Introduction: The rollout of innovative new gTLDs promises fresh opportunities for branding and digital identity.
Regulatory Influx: Be on the lookout for increased domain industry regulation, reflecting escalating privacy and security needs.
Aftermarket Ascend: The domain aftermarket is poised for growth, fueled by the scarcity of premium domains and specific keyword demand.
Marketing Momentum: Registrars and registries are expected to ramp up branding efforts, distinguishing themselves through aggressive marketing.
Privacy Services Boom: Domain privacy services see heightened demand as online privacy concerns intensify.
Consolidation Curve: The industry’s consolidation trend continues as smaller entities unite, reshaping the competitive domain services landscape.
Green Domains Emergence: An eco-conscious shift leads to the creation of ‘green domains’, underscoring environmental commitments.
View the fully expanded analysis with detailed information and insights from InterNetX.
