Domain name – this is a word that seems to affect large number of people around the world. A word that becomes a mainstream name for everybody and a word that leads to the establishment of so many businesses today. Well, these are just common descriptions for domain names, and many people often react this way when they hear this thing.

Today, numerous studies have been conducted to show the situation of the domain name industry. And recently, there came a report about the domain name sales and usage that shows the domain name continues to rise.

Speaking of this report about the domain name sales and usage, it has actually been reported by the Network World ISP News Report Newsletter coming from the VeriSign that the domain name sales and usage continues to rise nowadays. It is considered that as a signal of the recovery of the internet industry, both of the domain name sales and usage gave certain idea about the solid growth of the domain name sales and usage during the first quarter of the year 2004.

In relation to such recent report about the domain name sales and usage, there comes a truth as the VeriSign's Domain Name Industry Brief stated that the average number of domain name registrations reached an all time high of 64.5 million just during the second quarter of the year 2004. And according to numerous studies, such truth about the overall percentage domain name sales and usage is up to 2.4 percent over the first quarter of 2004 and is also up for 7 percent during the year-end for 2003.

Speaking of the domain name sales, there are still even more significant several statistics that shows how the domain name sales and usage soar. One of those statistics shows that the domain name sales and usage is much elevated today than it was at the zenith of the advent of the internet. In line with that, the report shows that on average, the VeriSign domain name company alone processes more than 14 billion for two top notch top level domain names, the .com and the .net queries each day. For these two top level domain names, the company processes for up to 8 billion last year and 2 billion in 2000.

Here came another support for that statistics which shows that 64 percent of all top level domain names such as .com and .net domain names are link to live web sites, which are up from 61 percent a year ago. Also considerable is the report showing the situation of the domain sales and usage which states that the percentage of parked web sites, which are said so because they are not actively being used but then are associated with a domain name, has in fact dwindled from 12 percent last year to 8 percent this year.

Finally, it is also explained in the report for the domain name sales and usage sake that the rates of renewal for top level domain names such as .com and .net have recoiled from a low of 45.7 percent in the first quarter of the year 2003 and then reach a new height of 72 percent in the second quarter of 2004.

From such reports alone, it is now easy for us to say that the domain name sales and usage no doubt will continue to grow for the next coming years.

About the Author: Laurie Mitch is a domain name specialist who writes for http://www.DomainsWithTraffic.com

Source: www.isnare.com