Weak Economic Conditions a Factor Says Report
VeriSign today released its second quarter 2009 Domain Name Industry Brief where it reports that the total base of domain name registrations across all of the Top-Level Domains [TLDs] has now reached 184 million. However the report also indicates that there has been a 15% decline compared to the same quarter last year. From the report:
"Around nine million new domain names were registered across all of the TLDs in the second quarter of 2009. This reflects a reduction in new registrations with a 14 percent decline from the first quarter 2009 and a 15 percent decline from the same quarter in the previous year. As seen in past years, there is seasonality in domain name registrations with the second quarter of the year dropping from the first quarter. In second quarter 2009, the impact of seasonality as well as the overall weak economic conditions impacted the number of new registrations for both gTLD [generic Top-Level Domains] and ccTLD [country code Top-Level Domains] registrations, though the ccTLD decline was much larger."