Global Internet Protocol Version 6 (IPv6) Market to Reach 127.6 Billion Units by 2030

The global market for Internet Protocol Version 6 (IPv6) estimated at 34.3 Billion Units in the year 2023, is expected to reach 127.6 Billion Units by 2030, growing at a CAGR of 20.6% over the analysis period 2023-2030. Fixed Devices, one of the segments analyzed in the report, is expected to record a 16.3% CAGR and reach 61.0 Billion Units by the end of the analysis period. Growth in the Mobile Devices segment is estimated at 26.0% CAGR over the analysis period.

The U.S. Market is Estimated at 8.9 Billion Units While China is Forecast to Grow at 25.9% CAGR

The Internet Protocol Version 6 (IPv6) market in the U.S. is estimated at 8.9 Billion Units in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of 32.9 Billion Units by the year 2030 trailing a CAGR of 25.9% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 15.8% and 18.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 17.0% CAGR.

Global Internet Protocol Version 6 (IPv6) Market - Key Trends and Drivers Summarized

Internet Protocol Version 6 (IPv6) represents a significant evolution in the architecture of the internet, addressing the limitations of the predecessor IPv4 and setting the stage for future expansions of digital connectivity. IPv6, with its virtually limitless address space, ensures every device can have a unique IP address, thereby eliminating the scarcity of addresses that plagued IPv4. This expanded address space is crucial as it supports the burgeoning growth of the Internet of Things (IoT), accommodating the increasing number of devices and users connecting online. The protocol not only promises enhanced scalability but also introduces improvements in routing and network auto-configuration, enabling more efficient data packet delivery and reducing the need for manual network management. As the digital landscape grows, the transition to IPv6 becomes imperative to support an expanding array of internet-enabled devices and advanced services, from mobile communications to cloud computing.

IPv6 Enhanced Innovation leverages cutting-edge technologies like Segment Routing over IPv6 (SRv6) and AI-enhanced network management to elevate network functionality dramatically. This new framework introduces dynamic path optimization through integration with Software Defined Network (SDN) technologies, allowing data packets to navigate the most efficient routes, thus mitigating congestion and enhancing data flow. Additionally, IPv6 facilitates the creation of dedicated network channels that cater to specific needs, such as high-definition video streams or large data transfers, prioritizing traffic to ensure consistent service quality. Enhanced Network Operations and Maintenance (O&M) capabilities, underpinned by AI, streamline network management, enabling proactive maintenance and fault prediction. Security improvements are also foundational to IPv6, as it supports universal public addressing that simplifies tracking and securing data packets, which is a significant step forward in addressing the vulnerabilities inherent in IPv4.

The drive towards widespread adoption of IPv6 is fueled by a combination of regulatory, technological, and market factors. Government policies worldwide are increasingly mandating or advocating for IPv6 adoption to bolster national cybersecurity infrastructures and support the myriad of internet-connected devices. The exponential growth of IoT, which necessitates an extensive pool of IP addresses, the expansion of mobile telecommunications, and the increasing reliance on cloud computing solutions all underline the need for IPv6. Moreover, initiatives aimed at developing smart cities and enhancing Content Delivery Networks (CDNs) leverage IPv6 to manage large numbers of connected devices and streamline internet content delivery, respectively. End-user demand for improved performance and enhanced security in response to rising cyber threats, along with pressure from application developers who require robust, real-time data transfer capabilities, further drives the transition to IPv6. These diverse drivers collectively underscore the ongoing shift towards IPv6, highlighting its pivotal role in shaping a more connected and efficient digital future.