IPv6 Market Size

IPv6 Market size was over USD 39.18 Billion in 2023 and is poised to reach USD 1.25 Trillion by the end of 2036, witnessing around 30.6% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of ipv6 is assessed at USD 49.97 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.