Report Highlights
The Global IPv6 Market Expected to Reach $40.39 Billion by 2034
Introduction to the IPv6 Market
The IPv6 Market is driven by several key factors shaping its trajectory in the digital landscape. Considering the optimistic scenario, the market is valued at $7.11 billion in 2024 and is expected to grow at a CAGR of 18.96% to reach $40.39 billion by 2034.
The exhaustion of IPv4 addresses has spurred the urgent need for IPv6 adoption, prompting businesses and organizations worldwide to transition to the next-generation internet protocol. This shift is further accelerated by the rapid growth of the Internet of Things (IoT) devices, which require the extensive address space and enhanced security features offered by IPv6 to support their proliferation across industries. However, IPv6 adoption is not without its challenges. Legacy infrastructure compatibility issues pose significant hurdles for organizations seeking to migrate to IPv6, necessitating investments in hardware, software, and training to ensure seamless integration. Additionally, addressing the lack of awareness and education surrounding IPv6 remains a crucial task, as businesses, consumers, and IT professionals require comprehensive understanding and support to overcome resistance to IPv6 adoption.
Despite these challenges, IPv6 adoption presents lucrative opportunities for businesses to tap into emerging markets and services, such as IoT and smart cities, leveraging IPv6's scalability, security, and interoperability to drive innovation and meet evolving customer demands while enhancing cybersecurity defenses and protecting sensitive data in an increasingly interconnected digital ecosystem.
North America shows strong IPv6 adoption, indicative of significant regional investments in network infrastructure and technology. Specific adoption rates in North America can be interpreted as high. For instance, as per BIS Research Analysis, the U.S. has a figure of around 70% adoption of the web among the top domains.
As the Internet of Things (IoT) landscape undergoes an unprecedented expansion, IPv6 emerges as a critical enabler, addressing the scalability challenge posed by the limited IP address space of its predecessor, IPv4.
IPv6 offers a formidable solution with its expansive address space of 2^128 possible addresses, compared to the 4.3 billion provided by IPv4. As per BIS Research Analysis, it is expected that the number of IoT devices surpass 75 billion worldwide by 2025. The transition to IPv6 has been uneven globally, with adoption rates as high as 47% in countries such as Belgium, reflecting advanced IoT infrastructure integration, while other regions are still emerging from the nascent stages of IPv6 deployment. This variation presents a global patchwork of adoption, correlating closely with IoT growth rates and regional technological infrastructure development.
Market Segmentation:
Segmentation 1: by End User
- Residential
- Small and Medium Businesses
- Large Enterprises
Segmentation 2: by Product Type
- DSL
- FTTH Services
Segmentation 3: by Region
- North America
- Europe
- Asia-Pacific
- Rest-of-the-World
Report Synopsis
| Report Metrics | Details |
| Base year considered | 2024 |
| Forecast period considered | 2024-2034 |
| Base year market size | $7.11 Billion in 2024 |
| Market size forecast | $40.39 Billion by 2034 |
| Growth rate | 18.96% |
| Units considered | $ Billion |
| Segments covered | By End-user, By Product Type, By Region |
| Industry covered | Digital Technologies |
| Regions covered | North America, Europe, Asia-Pacific, South America, Middle East and Africa |
| Countries covered | U.S., Canada, Mexico, U.K., Italy, France, Germany, Rest of Europe, Asia-Pacific, Japan, China, India, South Korea, Rest-of-Asia-Pacific, Rest-of-the-World |
| Companies studied |
|
Key Market Players and Competition Synopsis
The companies that are profiled in the global IPv6 market have been selected based on input gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.
Some of the prominent companies in this market are:
- Cisco Systems Inc.
- D-Link Corporation
- Hewlett Packard Enterprise Development LP
- Verizon
Key Questions Answered in this Report:
- What are the main factors driving the demand for IPv6 adoption in the global market?
- Who are the predominant competitors in the IPv6 marketplace, and how do their market shares compare?
- What are the key partnerships or alliances that are shaping the IPv6 industry landscape?
- Which strategies are leading organizations implementing to secure a competitive edge in the IPv6 arena?
- How does the future of the IPv6 market look in terms of growth and development potential?
- What is the current valuation of the IPv6 market, and what is its expected growth path from 2024 to 2034?
- During the forecast period from 2024 to 2034, which product and application segments are predicted to dominate the IPv6 market?
- How might the escalating demand from end-users impact the global IPv6 market dynamics?
- In which geographical regions are IPv6 solutions being adopted most rapidly, and what are the driving forces behind their dominance?
This report will be delivered in 1-5 working days.
BIS Research is a global B2B market intelligence and advisory firm focusing on those emerging technological trends which are likely to disrupt the dynamics of the market.
With over 150 market research reports published annually, BIS Research focuses on high technology verticals such as 3D Printing, Advanced Materials and Chemicals, Aerospace and Defense, Automotive, Healthcare, Electronics and Semiconductors, Robotics and UAV, and other emerging technologies.
Our in-depth market intelligence reports focus on the market estimations, technology analysis, emerging high-growth applications, deeply segmented granular country-level market data, and other important market parameters useful in the strategic decision-making for senior management.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More