The Council of European National Top level Domain Registries (CENTR) announced their global TLD report stating that the European ccTLD market has grown by 3.6% year-on-year. This growth, CENTR say, can be attributed to the fall in deletion rates as well as flat rates of new domains and renewals.
According to the report released by CENTR, Europe has witnessed a rise in the registrations for .UK, .NL, .FR and .EU ccTLDs the most. The report also states that easy registration processes and relaxed norms have been responsible for their quick growth.
The report states that the TLD market in Europe is estimated at 100 million domains of which 59% is contributed by ccTLDs themselves. It further reveals that large, small and medium ccTLDs have grown by 3.7%, 3.4% and 3.0% respectively.
Throwing light on the overall dynamics of ccTLDs and gTLDs, the report stated that on the whole, 44% of domain names globally are country code Top-Level Domains (ccTLDs) whereas 56% are generic Top-Level Domains (gTLDs). It further explained that these figures have not changed much over the past two years, despite the addition of many gTLDs over the period.
In closing, the report stated that apart from Europe, Asia, Africa and America have recorded a consistent year-on-year growth in ccTLD registrations with Africa leading at 13.6%.