Unstoppable Domain Industry Growth!

[Sameh]

From DomainNews.com

Those of you who have been reading DomainNews faithfully, it comes to no surprise when we tell you that these are booming times in an estimated $2 billion domain name industry.

The buying and selling of domain names and pay-per-click advertising revenue for the owners of premium domain names has been growing like wildfire. Verisign claims that worldwide, an estimated that 90,000 new domain names are being registered every day.

According to industry experts, the domain industry’s market value could reach $4 billion by 2010.

At least 128 million domain names had been registered worldwide by March 2007, a 31 percent increase over the previous year, according to VeriSign.

Jerry Nolte, managing partner of Domainer’s Magazine said it best, “This industry is like the wild, wild west right now and people have no idea how fast it’s growing.”

Article Link

 

[AussieDomainer]

Good article, thanks for the post.

Let's keep on this train while it keeps steaming ahead at full speed! I think the best is yet to come as long as people keep a good eye on the industry and adapt to the changes that continually unfold.

 

[DomainMayhem.com]

Good article, thanks for the post.

Let's keep on this train while it keeps steaming ahead at full speed! I think the best is yet to come as long as people keep a good eye on the industry and adapt to the changes that continually unfold.

I think that you're exactly right.

 

[Fewski]

With more and more businesses turning to the internet for more sales, the more and more domains are needed for them.

I think it's wonderful. I remember when I first started 3 or so years ago, it was nothing like it is today.

 

[VURG]

I remember when you could buy LLLL.com for reg fee.

 

[deleted984054565403]

I remember when you could buy LLLL.com for reg fee.

We're not that far ahead, yet. :hehe:

It's good to see the industry growing. It's becoming more saturated from all the new registrations, but I guess the buying/reselling of established domains is what's really picking up.

 

[lzy]

Especially with the recent articles on domaining in the mainstream media, very soon, everyone and their mothers will be buying and selling domains.

 

[dnb8]

I remember when you could buy LLLL.com for reg fee.

I remember when you could buy CCC.com for reg fee.

hehe

 

[GreenGambler]

All Aboard the Domain Name Gravy Train !!!​

Next Stop...................?

 

[sf2010]

yes the domain industry is booming, but like everything else, what goes up, must come down.

remember the 90's tech boom. don't care about p/e, revenue, brick & mortar model is dead, new paradigm, blah, blah --> pop

remember the same folks who switched gear and started investing in real estate? oh, this time it's different, it's asset-based, can;t lose money, blah, blah --> pop

imho, i am a firm believer in the virtual real estate, but there is no such thing as "unstoppable industry growth", so diversify, diversify & diversify!

:cy:

 

[kkworld]

yes the domain industry is booming, but like everything else, what goes up, must come down.

remember the 90's tech boom. don't care about p/e, revenue, brick & mortar model is dead, new paradigm, blah, blah --> pop

remember the same folks who switched gear and started investing in real estate? oh, this time it's different, it's asset-based, can;t lose money, blah, blah --> pop

imho, i am a firm believer in the virtual real estate, but there is no such thing as "unstoppable industry growth", so diversify, diversify & diversify!

:cy:

True .. I can see no value of domain names in 20 years time. I can also see that LL.com / L.com for sale and no body even wants to pay reg-fees.

Godaddy.com / Netsol.com will change their business model and they will start selling something else. Sedo.com, Afternic.com, GreatDomain.com and BuyDomains.com will become marketplace of something else .. or they will close their businesses ... Big player like Microsoft.com, Yahoo.com and Google.com will not have problem with this change because these big players introduce new technologies to people.

And Yes .... NamePros.com .... discussing baby names instead of domain names in 2025. :hehe:

Making long story short .. there will be something else in 20yrs .. .

 

[Peter]

Making long story short .. there will be something else in 20yrs .. .

WTF you telling me my netsol 100 year registrations will be worthless


:lol: i knew there was a reason I did not actually do it.

 

[Broker]

True .. I can see no value of domain names in 20 years time. I can also see that LL.com / L.com for sale and no body even wants to pay reg-fees.

Godaddy.com / Netsol.com will change their business model and they will start selling something else. Sedo.com, Afternic.com, GreatDomain.com and BuyDomains.com will become marketplace of something else .. or they will close their businesses ... Big player like Microsoft.com, Yahoo.com and Google.com will not have problem with this change because these big players introduce new technologies to people.

And Yes .... NamePros.com .... discussing baby names instead of domain names in 2025. :hehe:

Making long story short .. there will be something else in 20yrs .. .

I personally disagree but who knows you could be right. I think in 20 years there will be more domain extensions then we know what to do with.

.bank
.health
.doc
.med
.art
.Anything to keep the money rolling in.

 

[Peter]

I personally disagree but who knows you could be right. I think in 20 years there will be more domain extensions then we know what to do with.

.bank
.health
.doc
.med
.art
.Anything to keep the money rolling in.

I personally believe that as kkworld that domains will not exist, if they do they will not play such an important role.

As things move forward we will start to use other media for accessing information on the internet such as set top boxes etc. With such devices it will not be necessary to own a domain name.

 

[dnb8]

Making long story short .. there will be something else in 20yrs .. .

There will be something new but example look at cars, since 110 years every car has 4 wheels, engine and steering wheel

 

[Peter]

There will be something new but example look at cars, since 110 years every car has 4 wheels, engine and steering wheel

But your forgetting the Reliant Robin (sorry couldn't resist).

The first computer was the size of a room and did basic arithmetic. The point being just because cars may have not changed much (although try getting a mechanic who worked on cars in 30's and 40's to work on a modern car and see how he gets on) does not mean internet technology will not change. Different technology progresses at different rates depending on users needs and wants.

 

[edyst3]

Nice post and nice opinion...
I hope this industry will grow as like as the prediction...

But do not forget to not put your egg in one basket...
We do not know the future yet...
But we should anticipate the best for ourself...

 

[kkworld]

I personally disagree but who knows you could be right. I think in 20 years there will be more domain extensions then we know what to do with.

.bank
.health
.doc
.med
.art
.Anything to keep the money rolling in.

After all generic name extensions being used.. ICANN will allow to register your own extension. .... my domain will be www.kk / www.mynameis.kk (oops ... two letter extensions are already gone) .. OK .. let me get ... kkworld extension .. www.kkworld (looks good) ... lol ... why we are manipulating the same ideas again and again ... it is because we can see the future technologies @ the moment.

I don't believe on the idea of "Everything that can be invented has been invented." Domains / Internet is not an end .. I am still expecting alot and very soon.

 

[Smiler]

I think the domain names might stick around a bit. It is pretty much developed here in the US and other first world country but the rest of the world still have to catch up. The same things with cars. Third world countries are using cars that we used here 20, 30, 40, or even 50 years ago and it still seems to be a lucrative business for them. In my opinion, as long as there are thriving businesses around the world dot com domains will still be around. In addition, I have no problem with the new technologies sprouting every year because it keeps us moving to the right direction.

 

[Peter]

I think the domain names might stick around a bit. It is pretty much developed here in the US and other first world country but the rest of the world still have to catch up. The same things with cars. Third world countries are using cars that we used here 20, 30, 40, or even 50 years ago and it still seems to be a lucrative business for them. In my opinion, as long as there are thriving businesses around the world dot com domains will still be around. In addition, I have no problem with the new technologies sprouting every year because it keeps us moving to the right direction.

in what way are domains not developed in 3rd world countries? If you use a computer in a 3rd world country that is connected to the internet and type in an address you will still arrive at the same site (unless governments etc are blocking the content as is the case in places such as China)