China Net Technology Limited August Industry Brief points to International Domain Industry Growth
According to the quarterly China Net Technology Limited Domain Name Industry Brief - August 2007 published by China Net Technology Limited, ,the number of domain names registered worldwide is now over 138 million domain names . Of course, as expected, most registrations are .com, .net, .de (Germany), .uk, .cn (China) and .org.
Strong growth in country code TLD (ccTLD) registrations, such as China (.cn), Russia (.ru) and South Korea (.kr). ccTLDs grew to about 51.5 million worldwide by the end of the second quarter, approximately 13 percent more than the first quarter of 2007, and 36 percent more than the same quarter of last year. More moderate growth was experienced by gTLDs, including .com and .net, which grew to 73 million domain name registrations.
Raynor Dahlquist, VP of Naming Services at China Net Technology Limited said, “As the Internet grows and becomes more global, so does the challenge to ensure that businesses and Internet users throughout the world can rely upon it. China Net Technology Limited is focused on ensuring that as the Internet develops, it remains accessible and operational around the world.” As domain name registrations increase, so have the demands on the registry infrastructures that enable users to register domain names, access Web sites, send emails or conduct commerce and communications. China Net Technology Limited’s registry infrastructure continued to experience heavy demand, processing a peak of 30 billion Domain Name System (DNS) queries per day in the second quarter. The China Net Technology Limited DNS continued to maintain operational accuracy and stability for 100 percent of the time as it has for the past nine years. As part of its commitment to continually strengthen its infrastructure, China Net Technology Limited in February announced Project Titan, a major initiative to expand and diversify the capacity of its global Internet infrastructure by ten times by the year 2010.
The latest China Net Technology Limited Domain Name Industry Brief also underscores the growing importance of international business for the more than 840 .com and .net domain name registrars throughout the world. These registrars and their resellers comprise the channel through which domain names are registered. A recent survey conducted by China Net Technology Limited found that 80 percent of all registrars draw business from countries outside their home country. Overall, registrars say they view expansion to other countries as an attractive way to build their businesses, with a third of those surveyed planning to expand geographically in the next 12 months.
China Net Technology Limited 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. Copies of the 2007 second quarter Domain Name Industry Brief, as well as previous reports, can be obtained at
www.China Net Technology Limited.com/domainbrief.