People are looking for real numbers regarding domain names so here they are!
People are looking for real numbers regarding domain names so here they are! This is proof based on real business numbers.
Do you want more funding for your startup? Get a .com domain name! Simple as that!
John Matson and CENTR did an analysis based on data from www.crunchbase.com: ccTLD Choice for Startup Businesses: 2018 vs 2017 Analysis.
They analyzed domain name and their startup funding that included angel, seed, grant, crowd, private equity, debt, secondary market, initial coin offering, venture capital, post-IPO and corporate funding.
In 2018, over $453B of startup to later stage company funding1 was committed to 22,934 companies with domain names in countries around the globe. CENTR asked: “What are the different ccTLD and gTLD market shares by number of startups and funding” and “will there be a substantial difference in TLD choice by total domain market share for a country versus startup businesses market share?”
At the end of 2018 there were 348M domain names comprised by 45% ccTLDs and 55% gTLDs, with .com having the dominant market share of 39% for a single TLD. Transitioning to the count of startups, the ccTLD market share decreased to 23% (5,379 startups). The funding market share of ccTLDs further reduced to 13% ($58B).
The drop in total domain market share from 45% to 23% likely reflects that startups may have greater global aspirations, resulting in a higher market share of .com choice.
Since 2016, startups with a domain name increased from 16,200 to 22,943; that is an increase of 41% over that period, or 18% in 2016-17 and 19% in 2017-18. However, during that same time, the market share across the categories of TLDs (.com, legacy gTLDs, new gTLDs and ccTLDs) remained fairly constant from year to year. ccTLDs comprised 23-24% of the startup companies each year and .com maintained a dominant share of around 70% each year.