EURid : High Renewal Rates COntinue for .EU in Q4 2014

EURid, the company behind .EU extension, released recently the latest progress report. The report shows that .EU has managed to maintain its high renewal rate for eight consecutive years.

You can read the announcement after the jump :

“The latest progress report from the .eu registry EURid has shown that for eight consecutive years’ .eu has maintained its high renewal rate. During the last quarter of 2014, on average 79% of .eu domain names were renewed.

The top-level domain finished the quarter, and the year, with an annual growth of 5.3% representing a total of 197 715 new registrations.

During Q4 2014, the number of .eu registrations increased by 31 584 domain names. Of these, 5 499, or 2.5% were multiyear registrations. By far the most common registration length for MYRs has been two years, 62% of the MYRs in Q4 were made for two years.

The total number of .eu registrations increased in 19 of the 28 EU member states. Poland, Greece and Italy all saw growth of more than 5%.”

Some other insights include :

During Q4 2014, the number of .eu registration increased by 31 584 domain names, a net incre-ase of 0.8%, to 3.91 million. The total number of .eu domain name registered at the end of Q4 represented an increase of 5.3%, or 197 715
registrations, when compared with the total number at the end of Q4 2013.
By the end of the quarter there were a total of 761 .eu accredited registrars, the top ten registrars accounted for 37.7% of all .eu registrations.During the fourth quarter, the total number of .eu registrations increased in 19 of the 28 EU member states. Poland, Greece and Italy all saw growth of more than 5%.
The national ccTLD market in EU countries increased by 0.6% during Q4 2014, and grew by 2.3% from Q4 2013. Within the EU, the market for gTLD domain names such as .com, .net, .org,.info and .biz grew by 1.9% during Q4 2014 and
by 4.4% from Q4 2013, according to statistics from Zooknic.

Since 7 April 2011 it has been possible to register.eu names with a registration period of more than one year. During Q4 2014, 5 499 new registrations with a longer registration period than one year were made. This represented 2.5% of all
new registrations in the quarter.

The number of MYRs registered in Q2 2011 was particularly high due to the promotional offer EURid ran following the MYR launch. While the offer ran,registrars got 50% discount on .eu domain names they registered for two, five or ten years.

There were 217 897 new .eu registrations in Q42014. The number of new registrations was 1% lower than during the same months in previou years.During Q4 2014, there were 189 343 deletions.A domain name headed for deletion is quarantined for 40 days after the date specified in the deletion request. It can be reactivated during that period only at the request of the former registrant. “

You can read the full report here.