The Global IPv6 Market is projected to grow significantly in the coming years, driven by the depleting IPv4 addresses and the rapid expansion of Internet of Things (IoT) devices. The market is valued at $7.11 billion in 2024 and is expected to reach $40.39 billion by 2034 at a compound annual growth rate of 18.96%. Companies and organizations worldwide are transitioning to IPv6 to accommodate the growing demand for IoT devices that require increased address space and security features.
Despite facing challenges such as legacy infrastructure compatibility issues and lack of awareness, businesses have the opportunity to leverage IPv6 adoption for innovative services like IoT and smart cities. North America leads in IPv6 adoption, with high rates of web adoption in countries like the United States. IPv6 addresses the scalability challenge of IPv4 with its vast address space, supporting the exponential growth predicted in the number of IoT devices worldwide.
Leading companies in the global IPv6 market include NTT Communications, KDDI, SoftBank Corp., Equifax Inc., Verizon, AT&T Intellectual Property, China Telecom Global Limited, and others. The report covers key factors driving IPv6 adoption, identifies major competitors, analyzes industry partnerships, and outlines future growth prospects. The forecast period from 2024 to 2034 highlights dominating product segments, expected market values, and geographic regions with rapid adoption rates.
ResearchAndMarkets.com, a leading source of market research reports and international data, provides comprehensive insights on global IPv6 market trends, industry dynamics, and key players. With detailed analysis on market dynamics, application segmentation, end-user categories, product types, and regional coverage, the report offers valuable information for businesses looking to capitalize on the growing IPv6 market. For more information about the report, visit https://www.researchandmarkets.com/r/bw006v.
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https://finance.yahoo.com/news/global-ipv6-market-analysis-forecast-065200902.html
