How Domain Expertise Is Like a Goldmine for New Business Owners, 2018-11-20 09:00:20By Peter D’OylyPublished on: 11-20-18 18:59:23In 2017, the global Internet industry was valued at over $6.5 trillion.
With the growth in digital commerce, the growth of digital commerce businesses, and the growth for social media platforms, the Internet industry is poised to be a $15 trillion market.
The number of people using the Internet increased by over 1.2 billion between 2016 and 2020.
But in terms of domain expertise, the number of domain experts in the industry grew by about 40 percent.
As an industry, the domain expertise market is worth $3.7 trillion in 2018.
There are roughly 50 million domain experts globally.
Domain expertise provides a broad portfolio of knowledge in the areas of web, mobile, and desktop, and domain experts are the largest asset class in the Internet market.
In this article, I will explain how domain expertise can make a difference in the growth and success of your business.
Domain experts are experts in a domain, and their ability to do their job, whether that is domain administration, domain management, or domain development, is essential to your business’s success.
Domain experts can also be the biggest asset class, as they have the greatest opportunity to make a huge difference in your business growth and profitability.
Let’s look at the big picture.
Domain Expertises Are the Number One Asset ClassIn 2017-2018, the International Data Corporation (IDC) surveyed the entire global Internet domain expertise industry, and it reported that, in 2018, the market grew by nearly 80 percent in terms