Press release
Global IPv6 Market: Key Facts and Forecast Predictions Presented Until 2027|Industry Leading Key Players- NTT Communications Corporation (TYO: 9432), KDDI Corporation (TYO: 9433), Softbank Corp. (TYO: 9984), Reliance Jio Infocomm Ltd., Verizon (NYSE: VZ)
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The Asia-Pacific Network Information Centre (APNIC) stated in one of their statistical report that delegations of IPv4 reduced to 1617 thousand numbers in 2019 from 4444 thousand numbers in 2015.
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.
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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 Jio Infocomm 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 the IPv6 market in the near future.
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