North American Market Forecast
The IPv6 market in North America industry is poised to dominate majority revenue share of 42% by 2037, 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 2037. 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.
Author Credits: Abhishek Verma
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