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	2023
Forecast Year	2024-2036
CAGR	30.6%
Base Year Market Size (2023)	USD 39.18 Billion
Forecast Year Market Size (2036)	USD 1.25 Trillion
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)

In the year 2024, the industry size of ipv6 is assessed at USD 49.97 Billion.

The 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. 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.

North America industry is predicted to account for the largest share of 42% by 2036, impelled by growing adoption of IPv6 in the region.

NTT Communications Corporation, KDDI CORPORATION, SoftBank Corp, Reliance Jio Infocomm Ltd, Verizon, TÃ¢â‚¬â€˜Mobile USA, Inc., AT&T Intellectual Property, Tata Teleservices Ltd., China Telecom Global Limited

IPv6 Market Trends