IPv6 Market Key Facts, Dynamics, Segments and Forecast Predictions 2027
Research Nester has released a report titled “IPv6 Market – Global Demand Analysis & Opportunity Outlook 2027” which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis and Porter’s five force model.
IPv4
technology is the widely accepted IP addressing system worldwide. Although
the system is cost efficient, it is limited to the allocation of around 4.2
billion IP addresses only. Growing number of IOT devices and rise in network
communicating systems, is raising the need for allocations of more number of IP
addresses. ISPs are unable to delegate IPs owing to nearing exhaustion of the
system, which is also raising the demand for IPv4 systems and thereby affecting
to the increasing costs of availing an IPv4 IP address.
In a hypothesis by
the North American Network Operators’ Group, it anticipates that lowering
availability of IPv4 will increase the cost of IPv4 systems, and will decrease
the cost of IPv6 systems, which is expected to raise the demand for IPv6
market. IPv6 is an advanced version of IPv4 communications protocol, and is
estimated to support unlimited number of IP addresses. Growing unavailability
of IPv4 addresses in the IPv4 address inventory pool, and increasing waiting
list for allocation of IPv4 addresses, coupled with growing requests and
allocations of IPv6 system, all of these factors are anticipated to support the
growth of the IPv6 market.
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The IPv6 market is
anticipated to record robust CAGR over the forecast period, i.e. 2019-2027. The
market is segmented by end user into residential, small & medium businesses
and large enterprises. Among these segments, large enterprises segment is
anticipated to hold largest market share on the back of premium pricing of IPv4
addresses, limited availability of IPv4 addresses for the organization’s users,
long waiting time for allocation of IPv4 addresses to the organizations and
rise in the number of internet users of these enterprises.
Geographically, the IPv6 market is segmented by five major
regions into North America, Europe, Asia-Pacific, Latin America and Middle East
& Africa region, out of which, Europe, Middle East and Asia-Pacific is
anticipated to hold largest market share on account of growing allocation of
IPv6 addresses in the region and the presence of numerous IT
organizations. The
Internet Assigned Numbers Authority (IANA), states in one of its statistical
reports that IPv6 allocations in RIPE NCC region (Europe, the Middle East and
Central Asia) was 935,955 numbers and in APNIC (Asia Pacific) region was
208,000 numbers.
Moreover, North America is expected to gain significant market
share on account of increasing demand for IPv6 addresses allocated by
IANA. The IANA stated in another
statistical report that TPv6 allocations in in ARIN (Canada, USA and some
Caribbean Islands) constituted for 656,050 numbers.
However, concerns
for transitional shift that is needed for shifting towards IPv6 systems, owing
to unsupportive IPv4 equipment, and the associated deployment costs, is
estimated to act as a barrier to the growth of the IPv6 market during the
forecast period.
This report also
studies existing competitive scenario of some of the key players of the IPv6
market, which includes profiling of NTT Communications Corporation (TYO: 9432),
KDDI Corporation (TYO: 9433), Softbank Corp. (TYO: 9984), Reliance JioInfocomm
Ltd., Verizon (NYSE: VZ), Sprint (NYSE: S), T-Mobile USA, Inc (NASDAQ: TMUS),
AT&T Intellectual Property (NYSE: T), Tata Teleservices Limited (NSE:
TTML), and China Telecom Global Limited.
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The profiling enfolds key information of the companies which
comprises of business overview, products and services, key financials and recent
news and developments. Conclusively, the report titled“IPv6 Market – Global Demand
Analysis & Opportunity Outlook 2027”, analyses the overall
IPv6 industry to help new entrants to understand the details of the market. In
addition to that, this report also guides existing players looking for
expansion and major investors looking for investment in theIPv6 market in the
near future.
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