New Domain Name Growth Report
According to a new report from Verisign, 4.6 million new domain names were registered in the second quarter of 2004, representing a 2.5 percent growth over the first quarter, 2004. In all, worldwide domain name registrations reached a peak of 64.5 million domain names, a 7 percent increase over end of year 2003.The report reveals that growth statistics for domain name registrations have reached levels previously seen during the height of domain registrations in the late 1990s.
Country code Top Level Domains (ccTLDs) now account for 39 percent of all domain registrations. A ccTLD is a top-level domain extension that is assigned to a certain country. This includes the dot ws extension, which is the country code for Western Samoa [read more about this].
Key factors for the growth in domain registrations and renewals include the increasing utilization of the Internet among consumers and small business owners who are seeking to connect with the growing number of global Internet users, and the increasing availability of domain names in markets previously underserved by domain name resellers.
The VeriSign Domain Report marks the third issue in VeriSign's report series.
The series provides Internet users across the world with key statistical and analytical research on the domain name industry. Each quarter, the domain report showcases key data related to important Internet trends and highlights new aspects of Internet usage around domain names.
Findings in this quarter's report include both an increasingly strong rate of new registrations, a growing base for ccTLDs, and strong renewal rates.
Following are some highlights:
-- Overall Growth: Total domain name registrations reached a peak at 64.5 million domain names, representing a 7 percent increase over end of year 2003. New domain name registrations in the second quarter, 2004 reached 4.6 million, a 2.5 percent increase over the first quarter, 2004. Finally, 70 percent of total new .com and .net registrations in 2004 were for domains never previously registered, indicating a steady supply and demand for names with "new" brand appeal.
-- Increasing Globalization: ccTLDs account for a growing portion of overall domain names, and currently represent 39 percent of all domain names registered in the world. The majority of ccTLDs are registered in Europe, including .de (Germany) and .uk (United Kingdom), which hold the number one and two spots, respectively, as of September, 2004. ccTLDs (including .ws) represent the fastest growing TLDs in the world, indicating a proliferation in the use of the Internet locally and internationally.
"What's significant in looking at today's Internet infrastructure is that not only are domain registrations themselves continuing to grow, but so are the numbers of Internet users and overall Internet usage," said Raynor Dahlquist, acting vice president of VeriSign's Naming Services. "The numbers of overall domain registrations coupled with the number of lookups processed each day by VeriSign's global Registry, indicate that Internet users are setting up more Web sites and using those Web sites to perform commerce and communications on the Internet in greater frequency than ever before."
The overall trends in growth, utilization, and globalization found in the Domain Report this quarter are similar to Internet usage increases that VeriSign has observed over the last two quarters in operating other intelligent infrastructure services for the Internet and telecommunications networks, including payment networks supporting eCommerce and SS7 networks on behalf of telecommunications carriers.
What does this all mean to all Global Domains International, Inc Independent Representatives?
In short, it means:
1) Domain names of our type (country code domains like .ws) are on the rise - BIG TIME
2) The demand for domain names is at it's highest level since the peak of registrations in the late 90's
3) There are plenty of potential customers out there just waiting to learn about gdicustomers1.ws!
If you haven't done so already! Get out there and get busy letting people know about the GDI product and opportunity! Take your piece of this multi-billion dollar pie.
Nigel
posted by Nigel @ 3:35 PM
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