IPv6 Market Size & Share, by Product Type (DSL Services, FTTH Services); End-user (Residential, SMEs, Large Enterprises) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 2037
  • Published Date: Sep 04, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023 - 2035

IPv6 Market size is anticipated to surpass USD 738.7 Billion by the end of 2035, growing at a CAGR of 30.6% during the forecast period, i.e., 2023-2035. In the year 2022, the industry size of IPv6 was over USD 30 Billion. The reason behind the growth is impelled by the growing amount of mobile devices across the globe. This has led to an increase in demand for IPv6 since it supports new applications and also provides larger address space as compared to IPv4. In 2021, there were more than 10 billion active mobile devices worldwide, and by 2025, over 18 billion mobile devices are anticipated to be in use.

 The growing technological advancements are believed to fuel the market growth. With new technological advancements, the network framework works are improving and are demanding fast Internet packages, which has increased the adoption of faster IPv6.


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IPv6 Sector: Growth Drivers and Challenges

Growth Drivers

  • Integration of Cloud Computing and Data Centers- IPv6 is the latest Internet protocol that has brought significant changes and new features to Cloud computing and has also provided means to better develop new techniques from which modern data centers can profit. More than 60% of organizations moved their workloads to the cloud alone in 2020. 
  • Government Initiatives and Regulations- Some governments and regulatory bodies are actively encouraging or mandating IPv6 adoption to ensure the continued growth of the internet and to address concerns related to IPv4 address exhaustion. Furthermore, many businesses and service providers have started implementing IPv6 with a view to better supporting these government agencies owing to national IT strategies and governmental mandates around the world.

Challenges

  • Cost of Implementation- Transitioning to IPv6 can be costly, especially for large enterprises and service providers with extensive network infrastructures. This cost includes equipment upgrades, software updates, staff training, and potential temporary dual-stack support expenses.
  • Compatibility Issues
  • Dual Stack Transition Complexity

IPv6 Market: Key Insights

Base Year

2022

Forecast Year

2023-2035

CAGR

~30.6%

Base Year Market Size (2022)

~ USD 30 Billion

Forecast Year Market Size (2035)

~ USD 738.7 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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IPv6 Segmentation

End-User  (Residential, Small & Medium Enterprises, Large Enterprises)

The large enterprises segment in the IPv6 is set to garner a robust share of 65% shortly. IPv6 is being integrated into large enterprises as it is efficient and provides for improved performance, and increased security features including (IPsec) Internet Protocol Security integration, and also has capabilities that are missing from IPv4. Besides this, it also helps large enterprises in scaling their networks more effectively and avoids potential address shortage issues.

Product Type (DSL Services, FTTH Services)

IPv6 market from the FTTH services segment is estimated to gain a notable revenue share in the coming years. FTTH services can be provided using IPv6 protocol since it provides superior speed, more bandwidth, greater dependability, and higher quality of service and also supports the development of cutting-edge technologies including 5G and the Internet of Things (IoT) is crucial.

Our in-depth analysis of the global market includes the following segments:

          Product Type

  • DSL Services
  •  FTTH Services

          Enterprise Size

  • Residential
  • Small & Medium Enterprises
  •  Large Enterprises

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IPv6 Industry - Regional Synopsis

North American Market Forecast

The IPv6 market in North America is predicted to account for the largest share of 42% by 2035 impelled by the growing adoption of IPv6. North America has been a leader in IPv6 adoption, with several large ISPs, government agencies, and enterprises actively deploying IPv6. The region has made significant progress in transitioning to IPv6 to address the impending exhaustion of IPv4 addresses. 

The U.S. government has been proactive in driving IPv6 adoption, mandating that all federal agencies enable IPv6 on their public-facing websites and services. This initiative has encouraged many private sector organizations to follow suit. According to a survey of major content providers conducted in 2023, the US had an adoption rate of IPv6 of over 45%, and Canada had a rate of roughly 32%.

European Market Statistics

The European IPv6 market is estimated to garner significant market share by the end of 2035. IPv6 adoption in Europe varies by country. Some countries, such as Belgium and Germany, have made substantial progress, while others are still in the early stages of deployment. The European Commission has been actively promoting IPv6 adoption across the European Union. The Commission encourages member states to take steps towards IPv6 readiness to support the growth of digital services and IoT applications.

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Companies Dominating the IPv6 Landscape

top-features-companies
    • NTT Communications Corporation 
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • KDDI CORPORATION
    • SoftBank Corp
    • Reliance Jio Infocomm Ltd
    • Verizon
    • T‑Mobile USA, Inc.
    • AT&T Intellectual Property
    • Tata Teleservices Ltd.
    • China Telecom Global Limited

In-the-news

In The News

  • Asahi Net Co., Ltd. declared in a news discharge about the extension of the IPv6 association administration "v6 Interface" gave in the VNE business.
     
  • India positioned No. 1 in IPv6 with almost 60% reception, trailed by Belgium (58%). Because of Dependence Jio's greenfield network that holds 91.8% of the IPv6 supporter base, catching second situation to T-Portable (92.3%).

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 2037
  • Published Date: Sep 04, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing amount of mobile devices across the globe, integration of cloud computing and data centers, and government initiatives and regulations are some of the major growth drivers for the industry.

The market size of IPv6 is anticipated to attain a CAGR of 30.6 % over the forecast period, i.e., 2023 – 2035.

The major players in the market are KDDI CORPORATION, SoftBank Corp, Reliance Jio Infocomm Ltd., Verizon, T Mobile USA, Inc., AT&T Intellectual Property, Tata Teleservices Ltd., China Telecom Global Limited, Akamai Technologies, Fujitsu and others.

The large enterprises segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
IPv6 Market Report Scope
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