.com and .net are the drag factor on domain industry growth
Verisign’s own gTLDs .com and .net slowed overall domain industry volume growth in the second quarter, according to its latest Domain Name Industry Brief.
June ended with 351.5 million registrations across all TLDs, up 1 million sequentially and 10.4 million year-over-year.
Growth would have been slightly better without the drag factor of .com and .net, which were down 200,000 domains each sequentially, as Verisign previously reported in its Q2 financial results. There were 161.1 million names in .com and 13.2 million in .net.
The ccTLD world grew by 700,000 names sequentially and 2.6 million compared to a year earlier, the DNIB states.
New gTLD names were up by the same amount sequentially and 4.1 million year over year, ending the quarter at 27 million.
If you find this post or this blog useful or interestjng, please support Domain Incite, the independent source of news, analysis and opinion for the domain name industry and ICANN community.
But is it .com, .net or both ? .net has been in decline for years and new gTLDs has only made it worse. .com, OTOH, is still the incumbent in the US and some other markets not lead by its ccTLD. So their contributions might be opposite.