A Closer Look at the Go Daddy Monopoly

Anyone who owns a website (or has considered it) is familiar with the name Go Daddy and with good reason. Since its founding in 1997 during the Internet’s initial climb to prominence, the company has changed the way people think about domain registrars and web hosting. Go Daddy offers affordable but remarkably reliable web solutions that fit the average website owner’s needs to a tee. As a result, it’s quickly become the world’s number one hosting provider and it shows no signs of slowing down.

Go Daddy is also currently the world’s fastest growing SSL provider. It’s currently adding twice as many SSL certificates to the mix as any other comparable company out there. It’s also dwarfing even its next biggest competitor (Verisign) as far as the numbers go. Over the past couple of years, this has caused Verisign’s market share to drop drastically, giving Go Daddy even more of an edge.

According to the numbers, Go Daddy can actually be considered to have a monopoly as far as the industry goes. This situation is sure to add up to big things for the company as we move forward into the 21st century.

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We’re living in a day and age where everyone needs a website in order to be considered relevant and top dog Go Daddy is in the perfect position to take full advantage of that. Currently, even the likes of Fortune 500 businesses are trusting Go Daddy with their web hosting needs and their SSL certificates. This means Go Daddy is responsible for protecting some of the largest client bases in the world.

Even so, the company is still providing hosting solutions that are capable of fitting into even modest budgets. This means that not only is Go Daddy’s client base growing in regards to today’s largest and most trusted corporations, but they still have much to offer the everyday consumer in regards to their needs as well. This gives them a massive edge over competitors who offer comparable packages and services, but at considerably higher prices that exclude potential customers that have smaller budgets to work with.

A Closer Look at Go Daddy

Go Daddy is more than simply a leading provider of reliable registrar and hosting services. They also specialize in providing individuals, corporations, and businesses of all sizes and types with many of the essential solutions they require in order to build, maintain, and enhance their web presences. Currently offered services include domain name registration plans, comprehensive hosting packages of all sizes, software and templates to help fine-tune sites to the user’s liking, and online photo hosting to name just a few options.

Currently, Go Daddy has nearly 40 million domain names under its management. According to current estimations, the company registers, transfers, or renews one domain or another literally every second. This along with other statistics makes them the number one domain name registrar according to the experts at Name Intelligence Inc. In the year 2009, Go Daddy was responsible for the registration of over one third of the newly created domain names in the upper six top-level domains. (These were .com, .net. org, .info, .biz, and .mobi respectively.)

A Look at the Future of Go Daddy

Since the current numbers don’t see Go Daddy showing any signs of going down, experts currently only expect this multi-million dollar business to keep growing and expanding as along with the internet and its users the way it already has done. Users should look for an increasing catalog of services to benefit modern web users and developers. Go Daddy also expects to continue offering premium-grade services that are affordable to even average consumers.

This isn’t to say that Go Daddy hasn’t seen its challenges over the past few years. The company’s reputation took a hit in 2011 when former CEO Bob Parson became embroiled in controversy over an elephant hunting video he posted to his Twitter followers. In 2012, the company also experienced a major DDOS attack-related networking failure that affected millions of customers. However, the company so far has successfully recovered and continues to reign as the internet’s number one provider of quality, affordable web services.