IPv6 Market Size

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.