The demand for domain names is directly tied to the growth of the Internet. Internet penetration reached 64.6% globally in April 2023, with regions like North America and Europe leading in user numbers.
Meanwhile, areas such as South Asia, Sub-Saharan Africa, and Latin America are experiencing rapid growth. Over 1 billion people in China and more than 658 million individuals in India have accessed the internet in the last three months alone.
“As Web3, blockchain domains, and decentralized web models emerge, the landscape will continue to evolve, offering new opportunities for investment and innovation,” says Vakarė Simanaitytė, Hostinger’s Content Strategist.
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