In recent years, the domain industry has registered a notable global growth in the registration of new domain names. As reported byHosting Tribunal, between January 1, 2016 and January 1, 2017, the growth recorded by major nations was quite staggering.
Russia had a massive 622% growth in domain registration while Japan had 263%. Brazil, Canada, and the US recorded 481%, 121.4%, and 151% respectively. Third world nations are not left out as India had a whopping 393.5% growth.
In 2018, domain name registrations spiked further. The first quarter of the same year closed with 333.8 million registration of top-level domains (TLDs), of which 146.3 million country-code TLD and 148.3 million .com and .net TLDs were registered.
Compared to the previous year, country top-level domains experienced an increase in registration totaling 1.4 million, while .com and .net TLDs added 1.9 million registrations.
This is equivalent to the general growth of the industry. A proof of this is the fact that year after year, country-code TLD see a 2.2% growth (3.2 million). Dot-com and .net TLDs did better with a 3.2% growth, which is equal to 4.6 million registrations.
Now let's take a look at the companies that have made these registrations possible. Studies show that as of May 2017, the top domain registrars, by companies, are GoDaddy, which on its own registered over 57 million domains, Tucows, Network solutions, Enom, Namecheap, GMO Internet, Wild West Domains, amongst others.
The list of top domain registrars, by country, is dominated by the United States. This country alone recorded nearly 92 million domain registrations. Canada follows with almost 11 million registrations, then China, Germany, and India with 10.65, 9.67 and 4.89 million registrations respectively.
Check the infographic below for interesting facts and educative illustrations about the history of domain names, the domain system and how advanced digital technology spurred it on to become a billion dollar industry.