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According to a new report, the number of domain names increased by 24 million globally in 2008 increasing the total to 177 million domain name registrations across all of the Top Level Domains (TLDs).

This represents 16% growth over the previous year, reports the latest Domain Name Industry Brief published by VeriSign. It is also noted that the last quarter of 2008 saw more than 10.1 million new domain names registered across all TLDs. This reflects a slower growth in new registrations with a decline of 12% from the third quarter 2008 and 17% from the same quarter in the previous year. The decline was driven by slower growth in both gTLDs and ccTLDs. Over the entire year, there was an average of 11.9 million new domain names registered per quarter compared to an average of 12.2 million new domain names registered each quarter in 2007.

Related Links:
Internet Domain Names Grow to 177 Million in 2008, Latest VeriSign Industry Brief Shows Press Release
VeriSign’s Domain Name Industry Brief
The VeriSign Domain Report – February 2009 [PDF]

Related topics: DNS, Domain Names, Domain Registries, Top-Level Domains, Web