There are over 435 registrars in the market, with GoDaddy accounting for 14% of the market, followed by NameCheap (13%), Alibaba (6%), and NameSilo (5%).

There are around 432 million domain names currently registered, and both generic TLDs (.com, .org, .net, .biz, .info, etc.) and ccTLDs (country code / geographic TLDs, such as .de and .fr) expected to grow around 6-7% annually over the next 7 years. Of the ccTLDs, Asia-Pacific is losing stock at the fastest rate (14%, largely in .cn and .tw domains), and Latin America and the Caribbean (+18%) and Africa (+15%) are growing the fastest.

The US market size of web domain name sales in 2022 is estimated at $8.1B, with growth of 2.2% this year. One aggressive growth projection, with a CAGR of 11% for the next 8 years, projects the global Domain Name Registrar market to be valued at $5.9B by 2030. (A paywalled report projects the global domain registrar market to reach $1,025.00 billion by 2027, and I would need to learn what is being measured differently to account for this massive differential.) In either case, and whatever growth rate pertains (2.2% or 11% growth), the opportunity is sizable.

A quarter of that market share is represented by the secondary retail market, led by Sedo (60% market share), with other large players such as Afternic, Flippa, and Namepros. They do not publish their sales data, and the Boston Consulting Group report backed into the data through surveys and interviews. But while the report estimates a secondary retail market size of $2.1B with an average price per domain of $1,660, the published stats do show a sizable secondary market: Sedo lists 18 million domains and 2 million customers, and Afternic touts 5 million domains and that they have more than 75 million domain searches each month.

I will assume that for web2 domains, that the interest in distinct websites, handles, and destinations will be more robust than it has been of late (with some years of more modest growth in the domain name market of 0.9% in 2021 vs. 4.7% in 2019).

Still, there is nothing to indicate that new growth will necessarily come in particular from nTLDs (post-2014 "new" top-level domains, like .country). Recent interest in them has been more modest, and may be flat or waning: they are falling in market share (to 8%), vs. .com domains (47%, up by 3%) and ccTLDs (36%, down by 1%). Still, buyouts of nTLDs have been robust, with 23 nTLDs sold by UNR in April 2021 alone for $40M (including .country).

This points to the urgency of first focusing on utility for the purchaser, so we do not have a solution in search of a problem, and to look at our future business as if we were creating a deck and focusing on the Problem and Solution slides, even more than the TAM and Underlying Magic ones.

Se know that there is an increased penchant for premium domain names, especially by luxury brands, hoping to define their authority and expertise in their industry and optimize for search. We also know that people keep domains for four reasons: because it is used and important for the holder, because they are squatting on it for future projects or anticipation of future value; because they want to protect a brand, and because they are lazy and just renew all of the names and variations they want. Now we have to find a problem and stoke an urgent need for people to buy a nTLD on our chain.

Reference

Global Domain Names Market to Reach 557.7 Million Domain Names Registered by 2026

SAN FRANCISCO , March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Domain Names - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

www.prnewswire.com

IBISWorld - Industry Market Research, Reports, and Statistics

What is the market size of the Web Domain Name Sales industry in the US? IBISWorld's statistic shows that as of 2022 the market size of the Web Domain Name Sales industry is $8.1bn an increase of 2.23% from 2021.

www.ibisworld.com

The global Domain Name Registrar market is projected to record a CAGR of 11% during the forecast period

Evolve Business Intelligence has published a research report on the Global Domain Name Registrar Market, 2021-2030.The global Domain Name Registrar market is projected to exhibit a CAGR of around 11% during the forecast period of 2022 to 2030.

evolvebi.com

Domain Name Registrar Market Size to Reach $1025 Billion by 2027 - CAGR: 4.7% - Straits Research

Pune, India, Oct. 25, 2021 (GLOBE NEWSWIRE) -- The global domain name registrar market is expected to reach USD$ 1,025.00 billion by 2027, with the CAGR of 4.70%. As of January 2021, the internet concentration of the world is about 59.5%.

www.globenewswire.com

Aftermarket | HEXONET

Aftermarket | HEXONET Skip to main. This Site uses cookies to give you better usability as well as to enhance your website experience. By continuing to browse this Site, you consent to our use of cookies. Please read our Cookie Policy for more information.

www.hexonet.net

How To Sell A Domain Name: 8-Step Framework (with Insights)

Many of us have the habit of registering a domain name whenever we have a great (or not so great) idea for a new startup company, product, project, blog, or side-business. But those ideas often remain just that, an idea.

thewebsiteflip.com