Research Nester has released a report titled “IPv6 Market – Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the IPv6 market in terms of market segmentation by product type, by end-user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The IPv6 market is segmented by end user into residential, small & medium businesses and large enterprises, out of which, the large enterprises segment is anticipated to hold largest market share on account of factors such as long waiting time for IPv4 addresses, rising prices of IPv4 addresses for increasing demand, limited availability of IPv4 address and growing number of users of large enterprises.
The IPv6 market is anticipated to record a significant CAGR during the forecast period, i.e. 2019-2027. Growing exhaustion of IPv4 addresses in the IPv4 address inventory pool, coupled with long queue for allocation of IPv4 addresses and shifting demand towards IPv6 address in terms of increasing requests and growing allocation numbers are some of the factors estimated to promote the demand for IPv6 market throughout the forecast period. The American Registry for Internet Numbers (ARIN) stated in one of their statistical report that allocation requests for IPv6 reached 623 numbers from 380 numbers in-between 2014-18. Additionally, allocation numbers for IPv6 reached 406 numbers from 248 numbers in-between 2014-18.
Regionally, the IPv6 market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Among these regions, Europe, Middle East and Asia-Pacific is expected to hold largest market share on the back of growing allocation of IPv6 addresses in the region, coupled with presence of numerous IT organizations in the region. In a statistical report by the Internet Assigned Numbers Authority (IANA), allocation of IPv6 in RIPE NCC region (Europe, the Middle East and Central Asia) constituted of 935,955 numbers, while that of APNIC (Asia Pacific) was 208,000 numbers.
Moreover, North America is expected to gain significant market share on account of growing demand for IPv6 addresses and the allocation of the addresses by IANA. In another statistical report by IANA, allocations for IPv6 in ARIN (Canada, USA and some Caribbean Islands) was for 656,050 numbers.
Decreasing Delegation of IPv4 Technology
IPv4 address technology is limited to the allocation of only 4.2 billion IP addresses. Nearing exhaustion of addresses is limiting ISPs for being unable to provide IP addresses to its users. Owing to such a factor, delegations for IPv4 is decreasing at a faster rate. In a statistical report by the Asia-Pacific Network Information Centre (APNIC), delegations for IPv4 addresses decreased to 1617 thousand numbers from 4444 thousand numbers in between 2015-19. Additionally, a hypothetical rule, known as the Hotelling rule, was applied by the North American Network Operators’ Group in one of their report, which anticipates that growing demand and limiting availability for IPv4 will increase the cost of IPv4 systems and decrease the cost of IPv6 systems with time in the future, which is anticipated to contribute significantly towards the growth of IPv6 market over the forecast period.
However, concerns for high deployment costs, and the requirement for transitional shift of IPv4 equipment, for not being able to support IPv6 technology, is expected to operate as key restraints to the growth of the IPv6 market during the forecast period.
This report also provides the existing competitive scenario of some of the key players of the IPv6 market, which includes company profiling of NTT Communications Corporation (TYO: 9432), KDDI Corporation (TYO: 9433), Softbank Corp. (TYO: 9984), Reliance Jio Infocomm Ltd., Verizon (NYSE: VZ), Sprint (NYSE: S), T-Mobile USA, Inc (NASDAQ: TMUS), AT&T Intellectual Property (NYSE: T), Tata Teleservices Limited (NSE: TTML), and China Telecom Global Limited. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the IPv6 market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.