Domain Name Industry Growing, Per Brief from VeriSign

Updated on Friday, March 23rd, 2007 at 9:52 am

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Mountain View, California - (Cheap Web Hosting Directory) - March 23, 2007 - According to Internet security and infrastructure company, VeriSign, Inc.’s Domain Name Industry Brief for the fourth quarter of 2006, total domain name registrations reached 120 million, representing a 32 percent increase over the previous year, and an eight percent increase over the third quarter of 2006.

The report, which highlights key industry data for worldwide domain name activity, includes the following Key Industry Stats and Trends:

  — 32 percent increase in Top Level Domain (TLD) registrations in 2006 — Registrations average 10.1 million each quarter for 2006 — Historic country code TLD growth of 31 percent; 500,000 fourth quarter .cn registrations in China alone — 89 percent increase in Internationalized Domain Names (IDNs) — 2006 ended with more than 65 million .com and .net domain names

The domain name industry continued to experience strong growth in the fourth quarter of 2006, with more than 11.6 million new registered domain names. This figure represents a three percent increase year over year and a 23 percent increase from the third quarter. There was an average of 10.1 million new domain names registered each quarter in 2006, compared to an average of 8.7 million new domain names registered each quarter in 2005.

Country Code Top Level Domain Names (ccTLDs) increased 31 percent year over year to 43.7 million, and 10 percent from the previous quarter with more than four million registrations. China added more than 500,000 domains in the fourth quarter alone, a 43 percent increase over last quarter.

The base of .com and .net domain names grew to 65 million domain names by the close of 2006, representing a six percent increase in the fourth quarter compared to the third quarter of 2006, and a 30 percent increase year over year. New .com and .net registrations were added at an average of 2.1 million per month in the fourth quarter of 2006 for a total of 6.2 million new registrations in the quarter.

VeriSign processed an average of 24 billion queries per day in operating the Internet infrastructure for .com and .net during the fourth quarter of 2006. The VeriSign Domain Name System (DNS) continued to maintain operational accuracy and stability for 100 percent of the time during the fourth quarter of 2006.

Ken Silva, Chief Security Officer at VeriSign remaked, “With the number of global DNS queries increasing, the infrastructure has to be ready to respond. The network is changing, and with new services like voice and video migrating to the Internet, and the proliferation of Internet-enabled devices, it’s important that the security and capacity requirements keep pace.”

VeriSign recently announced Project Titan, a major initiative to increase capacity of its Internet infrastructure ten-fold by 2010 to accommodate the continued growth of the Internet. VeriSign publishes the Domain Name Industry Brief to provide Internet users throughout the world with significant statistical and analytical research and data on the domain name industry and the Internet as a whole.

VeriSign, Inc., operates intelligent infrastructure services designed to enable and protect billions of interactions every day across the world’s voice and data networks.

For more information about VeriSign’s Project Titan, please visit: www.verisign.com/titan.

To learn more about the 2006 fourth quarter Domain Name Industry Brief, please visit: www.verisign.com/domainbrief.

For more information about VeriSign, Inc., please visit: www.verisign.com.

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