Key Takeaways
- In Q2 2024, the global domain name registrations reached 362.3 million, marking a 0.8% year-over-year increase
- The domain industry generated $5.2 billion in wholesale revenue in 2023, up 4% from 2022, primarily driven by gTLD expansions
- Legacy gTLDs like .com and .net held 47.3% of all registered domains as of mid-2024, totaling 171 million names
- .com registrations: 162.3 million as of Q2 2024, +0.6% YoY
- Total new .com/.net registrations: 8.1 million in Q2 2024, up from 7.9 million prior year
- .net registrations declined to 13.4 million in Q2 2024, -0.8% YoY
- .com domains represent 44.8% of all gTLD registrations in 2024
- .xyz is the largest new gTLD with 4.6 million registrations as of Q3 2024
- .shop gTLD holds 3.2 million domains, popular for e-commerce in 2024
- Average wholesale price for .com renewal: $9.59 in Q2 2024
- Retail price for .com registration averaged $12.50 across registrars in 2024
- Premium domain sales average $5,000 per transaction in 2023 aftermarket
- AI-generated domain registrations up 300% in 2024, with tools like DomainWheel
- DNSSEC adoption rate: 25% of domains secured by end-2024
- Web3 domains (.crypto, .nft) reached 3.1 million active wallets in 2024
The domain industry is steadily growing, driven by new gTLDs and strong Asia-Pacific demand.
Domain Registrations
- .com registrations: 162.3 million as of Q2 2024, +0.6% YoY
- Total new .com/.net registrations: 8.1 million in Q2 2024, up from 7.9 million prior year
- .net registrations declined to 13.4 million in Q2 2024, -0.8% YoY
- Country-code TLDs added 1.2 million net new registrations in Q1 2024
- .xyz saw 120,000 new registrations weekly average in 2024
- Deletion rate for gTLDs averaged 18.5% in 2023, highest for new gTLDs at 22%
- .io registrations surpassed 2 million in 2024, +25% YoY growth
- Renewal rate for .com domains: 74.2% in Q2 2024
- .de (Germany) registrations: 17.3 million in 2023, stable YoY
- .cn (China) hit 20.5 million registrations in 2024, +3% growth
- Average domain registration lifespan: 2.8 years in 2023
- .app gTLD registrations reached 1.2 million by mid-2024
- Hand registration requests for premium domains: 45,000 daily global average
- .uk registrations: 10.9 million in Q1 2024, +1.5% YoY
- Bulk domain registrations by enterprises: 15% of total in 2023
- .com and .net combined renewals: 70.5 million in Q2 2024
Domain Registrations Interpretation
Emerging Trends & Tech
- AI-generated domain registrations up 300% in 2024, with tools like DomainWheel
- DNSSEC adoption rate: 25% of domains secured by end-2024
- Web3 domains (.crypto, .nft) reached 3.1 million active wallets in 2024
- Passkey login via domains piloted by 10% registrars in 2024
- Zero Trust DNS queries grew 150% to 40% of enterprise traffic
- Domain privacy protection uptake: 55% of new registrations in 2024
- Handwritten domain art NFTs sold 5,000 units at avg $200
- IDN (Internationalized Domain Names) registrations: 8.5 million, +5% YoY
- Edge DNS caching reduced latency by 40% for 20M domains in 2024
- AI-powered domain valuation accuracy: 92% vs human appraisers
- Sustainable green hosting tied to domains: 15% market shift by 2024
- Multi-chain domain resolution: 500,000 domains supported across ETH/ Polygon
- Voice search optimized domains: 12% registration premium pricing
- Quantum-resistant DNS encryption trials on 1M domains
- Programmatic domain buying via APIs: 30% of enterprise purchases
- .ai TLD registrations exploded 500% to 350,000 in 2024
- Decentralized domain governance via DAOs in 5 nTLDs
- AR/VR metaverse land domains: 100,000 registered
- Predictive domain drop-catching success rate: 85% with ML tools
Emerging Trends & Tech Interpretation
Market Size & Growth
- In Q2 2024, the global domain name registrations reached 362.3 million, marking a 0.8% year-over-year increase
- The domain industry generated $5.2 billion in wholesale revenue in 2023, up 4% from 2022, primarily driven by gTLD expansions
- Legacy gTLDs like .com and .net held 47.3% of all registered domains as of mid-2024, totaling 171 million names
- New gTLD registrations grew by 1.2% to 35.8 million in Q2 2024, with .xyz leading at 4.5 million
- The Asia-Pacific region accounted for 52% of global domain registrations in 2023, surpassing 185 million domains
- Projected CAGR for domain market from 2024-2030 is 3.5%, reaching $8.1 billion by 2030
- Total ccTLD registrations stood at 140.2 million in Q1 2024, with a 0.5% quarterly growth
- U.S.-based registrars managed 45% of global domains in 2023, equating to 162 million registrations
- Domain aftermarket sales volume hit $120 million in 2023, a 15% rise YoY
- IPv6 adoption in domains reached 42% in 2024, boosting market scalability
- Global domain registrations: 361.1 million at end of 2023, up 1.1% from 2022
- nTLDs comprised 11% of total base registrations in Q2 2024, totaling 40.1 million
- Domain parking revenue contributed $450 million industry-wide in 2023
- Europe held 28% market share with 101 million domains in 2023
- Blockchain-based domains grew 250% to 2.5 million in 2024
Market Size & Growth Interpretation
Pricing and Revenue
- Average wholesale price for .com renewal: $9.59 in Q2 2024
- Retail price for .com registration averaged $12.50 across registrars in 2024
- Premium domain sales average $5,000 per transaction in 2023 aftermarket
- GoDaddy's domain revenue: $3.3 billion in FY2023, +7% YoY
- .xyz wholesale price: $1.00 intro, $10 renewal annually
- Namecheap revenue from domains: $250 million in 2023
- Average ccTLD registration fee: $15.20 globally in 2024
- Dynadot's average domain sale price: $11.80 in 2023
- Handshake domain auction revenue: $50 million cumulative by 2024
- .io retail price: $40-50/year, high margins for registrars
- Total registrar revenue from renewals: 65% of industry total $3.4B in 2023
- Porkbun undercuts with .com at $10.98 first year
- Epik's revenue doubled to $100M in 2023 from alt-TLDs
- Average premium .com sale: $28,000 in Q1 2024
- .app Google TLD pricing: $15 intro, $20 renewal
- Hover registrar average revenue per domain: $18.50/year
- Uniregistry wholesale revenue: $80M in 2023
- Domain escrow transaction fees averaged 9% of sale price in 2024
- .eth ENS domains traded at avg $50 each in 2024 marketplaces
- TLD approval fee to ICANN: $185,000 initial + $25,000 annual
Pricing and Revenue Interpretation
Top TLDs and Domains
- .com domains represent 44.8% of all gTLD registrations in 2024
- .xyz is the largest new gTLD with 4.6 million registrations as of Q3 2024
- .shop gTLD holds 3.2 million domains, popular for e-commerce in 2024
- .online second largest nTLD at 3.8 million registrations in mid-2024
- .cn tops ccTLDs with 20.5 million, followed by .de at 17.3 million
- .tk (Tokelau) has 25 million registrations, mostly free domains
- .org registrations steady at 10.7 million in Q2 2024
- .info gTLD: 3.1 million domains, low growth rate of 0.2%
- .me (Montenegro) popular for personal branding at 1.8 million
- .co (Colombia) at 2.4 million, favored by startups globally
- .top gTLD: 3.5 million registrations, strong in Asia
- .site: 2.9 million domains, versatile usage
- .club: 1.5 million, community-focused TLD
- .net: 13.4 million, declining but stable enterprise use
- .ru (Russia): 6.8 million registrations in 2024
- .br (Brazil): 5.4 million, rapid growth +12% YoY
- .fr (France): 3.9 million, strict policies limit spam
- .jp (Japan): 3.7 million, enterprise heavy
Top TLDs and Domains Interpretation
Sources & References
- Reference 1VERISIGNverisign.comVisit source
- Reference 2SIDNsidn.nlVisit source
- Reference 3NTLDSTATSntldstats.comVisit source
- Reference 4STATISTAstatista.comVisit source
- Reference 5MARKETSANDMARKETSmarketsandmarkets.comVisit source
- Reference 6DNIBdnib.comVisit source
- Reference 7ICANNicann.orgVisit source
- Reference 8NAMEBIOnamebio.comVisit source
- Reference 9INTERNETSOCIETYinternetsociety.orgVisit source
- Reference 10SEDOsedo.comVisit source
- Reference 11EURODNSeurodns.comVisit source
- Reference 12UNSTOPPABLEDOMAINSunstoppabledomains.comVisit source
- Reference 13DNSdns.euVisit source
- Reference 14GETget.xyzVisit source
- Reference 15NAMECHEAPnamecheap.comVisit source
- Reference 16NICnic.ioVisit source
- Reference 17DENICdenic.deVisit source
- Reference 18CNNICcnnic.cnVisit source
- Reference 19GODADDYgodaddy.comVisit source
- Reference 20GETget.appVisit source
- Reference 21NOMINETnominet.ukVisit source
- Reference 22OPENPROVIDERopenprovider.comVisit source
- Reference 23WIPOwipo.intVisit source
- Reference 24FREENOMfreenom.comVisit source
- Reference 25PUBLICINTERESTREGISTRYpublicinterestregistry.netVisit source
- Reference 26REGISTERregister.meVisit source
- Reference 27NICnic.coVisit source
- Reference 28CCTLDcctld.ruVisit source
- Reference 29REGISTROregistro.brVisit source
- Reference 30AFNICafnic.frVisit source
- Reference 31JPRSjprs.co.jpVisit source
- Reference 32INVESTORinvestor.godaddy.netVisit source
- Reference 33DYNADOTdynadot.comVisit source
- Reference 34PORKBUNporkbun.comVisit source
- Reference 35EPIKepik.comVisit source
- Reference 36DNJOURNALdnjournal.comVisit source
- Reference 37HOVERhover.comVisit source
- Reference 38UNIREGISTRYuniregistry.comVisit source
- Reference 39ESCROWescrow.comVisit source
- Reference 40ENSens.domainsVisit source
- Reference 41NEWGTLDSnewgtlds.icann.orgVisit source
- Reference 42WEBAUTHNwebauthn.ioVisit source
- Reference 43CLOUDFLAREcloudflare.comVisit source
- Reference 44HANDWRYTTENhandwrytten.comVisit source
- Reference 45AKAMAIakamai.comVisit source
- Reference 46ESTIBOTestibot.comVisit source
- Reference 47GREENGEEKSgreengeeks.comVisit source
- Reference 48BRIGHTLOCALbrightlocal.comVisit source
- Reference 49NICnic.aiVisit source
- Reference 50DAOSdaos.xyzVisit source
- Reference 51DECENTRALANDdecentraland.orgVisit source






