IPv6 Market Trends

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)

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 â€“ 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 Trends