IN DUBLIN, Jan. 17, 2023 /PRNewswire/ — The “Global IPv6 Market – Forecasts from 2022 to 2027” report has been added to ResearchAndMarkets.com’s a donation.
The global IPv6 market is informed by it US$1.259 billion by 2020 and is expected to grow at a CAGR of 30.79% over the forecast period to reach the total market size US$8.24 billion in 2027.
IPv6 is the next generation of Internet Protocol, which can identify devices connected across the network and allow them to be found. Regardless of the type, every device, which is connected to the Internet, has its own Internet domain address by which it is identified, and the Internet connection is active. The previous version, IPv4, which has been in use for the longest time, uses a 32-bit addressing system that effectively supports the 4.3 billion devices connected and communicating over the Internet.
However, this no longer seems to be enough as the continuously increasing internet penetration in all key regions and strong sales of personal computers and mobile devices are increasing the need for additional addresses. The rapid growth of the Internet of Things (IoT) has also increased the need to implement methods that can help deal with the IP address shortage.
As this situation was foreseen by the Internet Engineering Task Force (IETF) almost twenty years ago, in 1998, it marked the establishment of IPv6. This latest version of the Internet Protocol uses a 128-bit addressing scheme, as opposed to the 32-bit addressing scheme used by IPv4 and can support approximately 3.403E+38 (approximately 340 trillion) devices.
Not only this, this next-generation Internet protocol has the potential to increase packet efficiency, improve performance, and significantly improve security. Internet Service Providers (ISPs) can quickly reduce the size of their routing tables while making them more hierarchical.
However, IPv6 adoption is limited to some extent due to Network Address Translation (NAT). NAT allows an enterprise machine with a private IP address to communicate with machines with public IP addresses located outside its private network by converting the private IP address of that machine to a public IP address.
Without NAT, businesses, with thousands of devices or systems connected to the Internet, may see a need for a large number of public IPv4 addresses if they wish to communicate with external devices. Since public IPv4 addresses are limited, a NAT device acts as a link between thousands of private address computers or machines on the public network.
When an encrypted device tries to communicate with a device on a public network, the packets first arrive at a NAT device, where the source and address of the packet are stored. Then the NAT device converts the source address of the packet into the public address of the NAT device.
The packet is then sent to its destination. NAT has been delaying the exhaustion of IPv4 addresses, thus contributing to this market growth to some extent. However, the growth of the market is strong, reflected in the compound annual growth rate of 32.40%, which is expected until the end of our target period.
One of the driving factors in this market is the rapid growth in the number of Internet-connected devices worldwide.
Impact of COVID-19
The increased use of IPv6 due to the COVID-19 crisis is undoubtedly beneficial to the Internet industry as a whole. Additionally, as data centers and large offices become less accessible and remote working becomes a permanent feature, we are seeing a significant shift in investment in cloud network technology and cloud-based applications. Cloud technology’s robustness, flexibility, and agility provide much-needed business benefits in these trying times. The shift to remote workers, on the other hand, has resulted in increased demand for networking around the world.
Pv6 is becoming more and more popular around the world. The state of IPv6 development in France profile is Jean-Charles Bisecco, expert of the IPv6 Task Force with the French administrator ARCEP. IPv6 adoption, according to Bisecco, is influenced by several factors, including legislation, network conditions, and service development. IPv6 adoption is currently increasing France. By 2024, it is expected that more than two-thirds of terminals will use IPv6, and more than 90% of fixed operator networks will use IPv6 as a result of policies and regulations.
According to ENTC, an international testing center, SRv6 has a bright future. Rossenhovel now feels that SRv6 is “ready for prime time” after the organization completed joint multi-vendor testing of SRv6, which conclusively proves SRv6’s performance in large-scale network communications.
Key Topics Covered:
2. RESEARCH METHODOLOGY
3. SECTION SUMMARY
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restrictions
4.3. Porter’s Five Forces Analysis
4.4. Industry Value Chain Analysis
5. GLOBAL IPV6 MARKET ANALYSIS, BY COMPANY
5.3. Big Businesses
6. IPV6 MARKET ANALYSIS, BY GEOGRAPHY
6.2. North America
6.2.3. in Mexico
6.3. South America
6.3.2. In Argentina
6.4. In Europe
6.4.1. In the UK
6.4.2. In Germany
6.5. Middle East again Africa
6.5.1. The UAE
6.5.2. Saudi Arabia
6.6. Asia Pacific
6.6.4. South Korea
7. CONSENT AND DISCLAIMERS
7.1. Major Players and Strategy Analysis
7.2. Emerging Players and Market Profitability
7.3. Mergers, Acquisitions, Agreements, and Partnerships
7.4. The Vendor Competition Matrix
8. COMPANY PROFILES
8.1. Company Qualcomm Technologies, Inc.
8.2. Company ZTE CORP
8.4. Company D-Link Corporation
8.5. Company Belkin International, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/8xah78
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SOURCE Research and Markets