Global Internet Protocol Version 6 Market: Evolution from IPv4 to IPv6 will Boost the Global Market

Albany, New York, January 27, 2016: The Internet has emerged as an indispensable commodity in modern society. The internet available to us at present is completely based on the premise of Internet Protocol version 4 (IPv4), which laid the foundation of addressing and routing. However, the Internet Assigned Numbers Authority made an announcement in February 2011 about the available IPv4 no longer being active. IPv4 addresses, therefore, will no longer be compatible and will not support the future developments, subsequently intensifying the competitiveness and growth in the IPv6 market. This was followed by trends such as mobility, remote monitoring, smart devices, and smart transport.

Transparency Market Research’s (TMR) new report, “Internet Protocol Version 6 (IPv6) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020”,  studies the developments and trends impacting the global Internet Protocol version 6 market in detail. The report presents a comprehensive overview of the market covering aspects such as the market’s definition, segmentation, regional markets, and growth drivers and restraints impacting its growth trajectory between 2014 and 2020.

Despite IPv4 presently carrying over 90% of internet addresses globally, IPv6 is meant to replace it faster than internet users could expect. For starters, IPv6 offers a humongous addressing space, apart from which it also provides multiple technical benefits such as improved security features, easily manageable networks, end-to-end connective integrity, interoperability and integrated mobility, and unlimited addresses. The IPv6 enables hierarchical address allocations to facilitate network and route aggregation across the internet network. It also provides a platform for collaboration, innovation, and additional optimization for delivery of services.

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The evolution from IPv4 to IPv6 is a crucial transition in the history of the internet. As the age of the IPv4 addresses comes to an end, it will impact the innovation of the novel internet protocol because it is the most essential parameter for any technology connecting through the internet. Failure in enabling smooth transition from IPv4 to IPv6 may adversely affect consumers’ access to e-Government, broadband internet, internet-enabled mobile applications, intelligent highway systems, sensor technologies, distribution of renewable energy, automated monitoring of natural resources, welfare applications, and internet support for advanced employment and immigration.

However, aspects such as inadequate support from dominant software and router vendors and complexity involved with the transition from IPv4 to IPv6 will act as barriers to IPv6 adoption.

The TMR report studies the growth prospects exhibited by the global Internet Protocol version 6 market across the key market segments. To study the prevailing competitive landscape of the market and its expected dynamics in the near future, the report also profiles some of the leading companies operating in the market.

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